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Oklahoma

Midnight Writer

(24,367 posts)

4. Turning health insurance over to private company immediately raises cost by 20+%.

Reply to TexasTowelie (Original post)

Sun Jan 31, 2021, 05:30 PM

Jan 2021

That corresponds to the profit and overhead of the private insurer.

They will make that margin by charging the government extra and by limiting services (payouts).

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Highlight:

Oklahoma chooses vendors for $2 billion program partially privatizing Medicaid [View all] TexasTowelie Jan 2021 OP

I doubt this will improve their outcome. dhol82 Jan 2021 #1

Well that's one way to get rid of the medicare program. Budi Jan 2021 #2

Stating the obvious to any rational person, but privatization of any public service is the wrong c-rational Jan 2021 #3

Turning health insurance over to private company immediately raises cost by 20+%. Midnight Writer Jan 2021 #4