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A comment on 'Legitimate' US healthcare pricing could reduce costs by a third. Parent comment

Re:'Legitimate' US healthcare pricing could reduce costs by ... by chimeracoder on Wednesday January 04, 2017 @11:47PM (#13324830)
> Contracts with individual insurers are typically negotiated to be set to a percentage of (known) Medicare reimbursement for a given procedure

It's usually pegged at multiples of what Medicare reimburses (ie, "300% of Medicare rates")

> Expect that to Just Not Happen in an organization with more than one provider. They enjoy their compensation, and they will fight to keep it.

It has nothing to do with physician compensation, because most are salaried now anyway, and they make a lot less than people think. The problem is that they literally do not know what the reimbursement rates are.

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Re:'Legitimate' US healthcare pricing could reduce costs by ... by FireBeyond on Thursday January 05, 2017 @12:57AM (#13325078)
Given that the median salary for a physician (not specialist) is $180K, I'm not sure what you think people think they make if they think it's a "lot more" than that.
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Re:'Legitimate' US healthcare pricing could reduce costs by ... by coredog64 on Wednesday January 04, 2017 @11:49PM (#13324842)
By law, nobody can be charged less than Medicare.
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