...Because our wonderful government run plan doesn't pay enough.

That's not a dirty insurance company being greedy...that's actual doctors not getting paid enough for it to make business sense.



1 hospital.....losing $840 million in 1 year....
Feel like subsidizing that, citizen?

http://www.bloomberg.com/apps/news?pid= ... oYSI84VdL0

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Hold my beer and watch this...

I don't know how medicaid billing works, but this thing seems real strange to me. If one's insurance(medicaid) didn't cover the entire amount of the care, then why don't they ask the patient to pay the rest?? I can't believe they just take what medicaid is offering, and let the patient off the hook for the rest.

I also can't believe they would cut all medicaid patients? They CERTAINLY can't all afford to pay cash, like they want them to, and how is losing all your customers going to help you fiscally?

Maybe someone can make some sense of this for me please?

Whoah, wait a minute here. How is cutting all your customers going to make sense financially? Well, when you're operating at a loss with those customers, cutting them out certainly does make sense. See if you can make sense of this.

Ham

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Do you believe yet?

They're not losing ALL their customers...just the ones that don't pay up.
Seems 100% fiscally responsible to me.

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Hold my beer and watch this...

You guys are missing the point. Why don't they make the medicare CUSTOMERS responsible for the REST of the cost of the care. Simply removing them completely can't be a good idea. Are they figuring they will just charge the remaining customers triple to make up for the lost revenue(and yes, the money they were getting form medicaid WAS revenue).

It seems their plan is to cut staff and costs by about 80%, and charge the remaining customers exhorbitantly(if they can even afford to pay it). Sounds like a shit plan to me. Only offer care to zillionaire's??

Again, why did they ONLY accept the medicaid money, and let the customer off the hook for the rest? Does anyone know? I know if your insurance carrier only covers so much you are responsible for the remainder, right??


Is this weak sarcasm?? sounds like it to me.

Actually, I found it to be quite poignant. Take away a section of your business that is in the tank and your business improves.

Ham

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Do you believe yet?

RTFA



There are most likely laws / regulations / restrictions that make it impossible.

/the government likes you nice and poor or they don't help you at all.

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Hold my beer and watch this...

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"Go out and run 'em."
- Lindy Ruff, 23 Feb. 2007

My mother was kept alive for years at the hands of fine doctors at the Cleveland clinic at a net loss to them.
On private insurance.

Once again I put out the fact that the Federal Government rejects more health insurance claims by volume and percentage than any private insurer.

Don't convince me private is bad...convince me the Federal government could, in fantasy, be marginally better.

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Hold my beer and watch this...

The first sentence is how the system should be.

The second sentence shouldn't matter.

I don't care if we have a public system, private system, a hybrid of both, something outsourced from Canada, or the two old guys from the Muppet show running around with a jug of Robitussin and some anal probes.

Care comes first, profit margins second.

that, i can agree with 100%

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PSA: I am an overly sarcastic person. If you take me at my word, then i will most likely anger and offend you.