Discussion: As Billions In Tax Dollars Flow To Private Medicaid Plans, Who’s Minding The Store?

Plans get to keep what they don’t spend. That means profits can flow
from greater efficiency — or from skimping on care and taking in excess
government payments.

What a shocker. First, haven’t we for, I don’t know, a millenia, that these types of schemes create a conflict of interest, in general, and are a particularly poor structure when it comes to health insurance and the attendant outlays?

Why is it that supposedly smart people don’t learn from the errors of the past or, just use common sense. Human nature isn’t going to change and can’t be suspended. That fact means accepting that larceny, or a least self interest, exists in every heart.

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I’m not an authority but I can answer a couple of these questions:

As billions of tax dollars flow to private medical plans, who’s minding the store?

Nobody. It would interrupt the flow of billions of tax dollars to private medical plans.

Are insurance companies — now receiving hundreds of billions in public money — earning their Medicaid checks?

No. But they are cashing hundreds of billions of dollars worth of Medicaid checks?

Let me know if I can be of any more assistance.

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Hmm sort of like the Alabama sheriff’s food program, they get to keep what they don’t spend, so you to can buy a beach house if you starve your prisoners.

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So did you used to work for Rick Scott? And boy oh boy did he peak to early to cash in.

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We’ve seen how well it works when Sheriffs get to keep what they don’t spend on food for prisoners.

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