Health Insurance Industry to Congress: “We will drop risk rating.”
by Martin Trussell
I guess the best part of competition between the public and private insurance will be that it can bring down the excessive costs and raise the quality of service to survive particularly in private sector , therefore there is no need to worry about the expensive medical costs over time, as EUROPE tells it.
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HSR0601,
Its not “competition” when the Government gets to determine what they pay. Providers can’t negotiate with, for example, Medicare about reimbursement. The article mentions some of the cost-shifting that occurs from public to private insurance.
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