TIP: Click on subject to list as thread! ANSI
echo: grand_rounds
to: KURT ULLMAN
from: MATT SMITH
date: 1996-06-29 20:43:00
subject: Re: HEALTH INSURANCE

KU> MS>    "Cost shifting" is a hyped-up term in the health financing 
KU> debate.
KU> MS>    Every industry "cost shifts" its deadbeats.  If you get a loan 
KU> from
KU> MS>bank, rest assured that the bank cost shifts its bad accounts!
KU> 
KU> But health is one of the few areas where you cost shift you good
KU> payers.  BIG difference between paying for the dead beats and having 
KU> to 
KU> make 
KU> up the .49 cents for every private insurance dollar that the Feds pay 
KU> for 
KU> MCaid and .58 cents for MCare.
    That still amounts to cost-shifting your deadbeats.
    As a collections lawyer, I deal _daily_ with accounts that people had 
been paying faithfully on for years...until they quit paying.  That's the 
same as just saying you'll pay 49 cents on the dollar!
--- Simplex BBS (v1.07.00Beta [DOS])
---------------
* Origin: NighthawkBBS, Burlington NC 910-228-7002 HST Dual (1:3644/6)

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