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What If We Paid All Providers At Medicare Rates?
Manage episode 287595867 series 1591102
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A recent Kaiser Foundation study indicates we could save 350 billion dollars annually if we paid all physicians and hospitals at Medicare rates. It sounds good in theory, but what's the rest of the story? You can't reduce one person's expense without cutting another's revenue, so who bears the real cost of our "savings"? Ron discusses the real-world impact of the study on the medical community.
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