Privatized Medicaid, hows that working out?

Discussion in 'Healthcare/Insurance/Govt Healthcare' started by uscitizen, Dec 13, 2012.

  1. uscitizen
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    uscitizen Senior Member

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    In ky the privatized part of medicaid costs over twice as much as the non privatized part.

    this from watching state hearings on the matter on PBS the other day.
     
  2. Political Junky
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    Political Junky Gold Member

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    What a surprise.
     
  3. Truthmatters
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    Truthmatters BANNED

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    But it makes rich people richer right?

    so the republicans love it
     
  4. Zoom
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    Zoom BANNED

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    Romney 2016!
     
  5. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    Everything costs less when someone else pays for it!

    Private Medicaid Company to Leave Kentucky. Well why would they do that?:

    State Reacts to Private Medicaid Company Leaving Kentucky | The River City News
    So Centene (Kentucky Spirit Health Plan) was the Low Bidder and signed a contract but apparently wants out and is suing for "Damages"?

    I wonder what those damages would be?

    Oh looky here boys! Centene Sues Kentucky!
    Centene Corp. sues Kentucky, saying state deceptions, omissions led to $120 million in Medicaid losses » Insider Louisville
    Oh ok, so it wasn't the Evil Private Insurers, it was the Elected Officials who tried to pull a fast one on the Insurance Company!

    See, if I submit "inaccurate" paperwork to my Insurance Agency that's called "Fraud" and that's EXACTLY what the Politicians in Kentucky did.

    Those Politicians who did this to the State of Kentucky should be thrown in jail!

    OP is fraudin' too. And of course, the ignorant USMB liberal sheep ate it all up without even questioning it! :lol:
     
  6. Greenbeard
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    Greenbeard Gold Member

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    That misses the point. They bid on the contract and were awarded it on the assumption that they could deliver those Medicaid services more cheaply than the state could, which obviously would create savings in the program. Turns out they can't and those savings seem to be evaporating.

    They're claiming they were misled into thinking they could deliver the services more cheaply than the state. Who knows, maybe they were. The point is that the reality is that they can't do the job as cheaply as they, and apparently their state government, thought. Which appears to be uscitizen's point.

    And I say that as someone who has no problem with Medicaid managed care.
     
  7. neomalthusian
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    neomalthusian Agnostic Prognosticator

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    As a general rule, government covers the health care expenses incurred by those that would not be gainful for the private insurance market to try to insure (hence they won't). Said another way, there is no way for a private organization to survive trying to provide a health insurance product to the old and the poor. That's why it keeps getting heaped on the public generally.
     

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