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Business and the Public Option

October 15, 2009

In many ways one would think businesses would be happy to dump insurance off on the government, why not?

It boils down to the government record on previous government action such as the undernding and inefficiency of Medicare and Medicaid. Medicare reimburses about 80% of health care provider costs, Medicaid is less than that low number.

So what? When the government does not pay the freight providers jack up the prices on those who have insurance and in turn those who pay for that insurance-businesses.

Managed care did not work and neither will the public option.

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