Latest News

Medicare vs. private insurance: Which costs less

Wonder why some doctors grumble when a Medicare patient walks in the door? It’s likely because the government program  typically pays only 80% of what private insurers do. Medicare has the bad rap of being a big, bloated government program, but it’s not because it’s overpaying doctors. CNNMoney analyzed the “allowed charges” for five common procedures, using data provided the Centers for Medicare and Medicaid Services and Truven Health Analytics, a research firm. The differences can be stark. Private insurers allow an average of $1,226 for low-back disc surgery, while Medicare will only permit $654, for instance...Read More

 

Notice: The “Read more…” link provided above connects readers to the full text of the posted article. The URL (internet address) for this link is valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the link’s validity. Also, the opinions expressed in these postings are the viewpoints of the original source and are not explicitly endorsed by AMAC, Inc., the AMAC Foundation, or socialsecurityreport.org.

What's Your Opinion?

We welcome your comments. Join the discussion and let your voice be heard. All fields are required

Website by Geiger Computers