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Originally Posted by suzzer99
Yes because I know how to read a chart. The exact machinations of how medicare determines prices are not important compared to the results.
There's no reason to think medicare for all wouldn't help reduce prices based on empirical evidence, your citation-free handwaving aside. It doesn't just work in another country, it works in all countries. You have absolutely no basis to think it won't work here other than your gut and intuition.
Your side has been claiming medicare is dead, and actively trying to kill it, since it's inception.
America is too unique.
The reason that Medicare appears to work is that doctors are compensated on a fee-for-service mechanism. Meaning that they get paid when a patient is sick. The sicker the patient, the more the doctor (hospital, equipment, facility) will get paid. Therefore, there is an enormous interest to "find" as much "sickness" as possible.
What keeps it sort of in check is jail and fines that are 100x the amount that may be determined not to have been medically necessary. But that is sometimes very hard to prove. How much chemotherapy is medically necessary? Should chiropractic services be covered?
The other way to do it is pay doctors/hospitals a flat fee per patient. Capitated. Hospital gets $1,200 per patient per month regardless if the patient comes in never or every single day. But then you have a perverse incentive to provide as little care as possible.
The more you expand Medicare, the more you expand government auditors which increases costs for everyone. Governmental agencies tend not to be very efficient.