How do you get from $0.60 on the dollar of reimbursement costing $0.04 to full reimbursement cost or $1.00 costing $0.02 or $0.03 cents?
What cost savings are realized by a theoretical percentage? The act of cutting a check costs no more or less regardless of the reimbursement rate.
That makes zero cents logically as well as economically.
They all suck!!!!!!!!!!!
Discussion in 'Report A BAD Trucking Company Here' started by 1pissedoffdriver, Oct 3, 2008.
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the first apple had a fee of 4 cents per dollar, but the second apple, even though the fee was still the same, had a fee of 2 cents per dollar because the price of the apple went up.
So if medicare went from partial to full reimbursement the administrative cost would go down PER DOLLAR SPENT because the pay outs would be higher but not the administrative costs. Follow now? -
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Just trying to help. -
Being left with $0.96 to pay for $1.00 of services means the would be losing 4%, not even factoring in inflation, how long do you think that is sustainable?
And since Medicare sets a price for what they will pay, there is no way for competition among providers. Competition lowers prices. -
As far as the union to which you refer in your rant about ronno, I assume you are talking about his sig line. If so, and I am reading his sig line correctly, he is being sarcastic about being a proud member of the proposed NAU - North American Union, the very same organization you might be a member of whether you like it or not. If I am incorrect in my assumption, I apologize. -
No, you are Corekt, curekt, cooret, .......
AfterShock Thanks this. -
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IMHO, spelling correctly, or at least attempting to, and using proper punctuation and grammar show respect for the intended reader.
There is a reason we use punctuation, proper grammer, sentence structure, paragraphs, etc... In this day and age of computers, blatant disregard for basic rules of writing have more to do with lazyness than education or intelligence.
Just too #### lazy to hit the <Enter> key to start a new paragraph, or <Shift> to capitalize a letter at the begining of a sentence.
Just my $.02AfterShock and Joetro Thank this. -
This has gotten WAY off topic ..............
Lets get back on it.
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