If You Know What I Mean
- Apr 27, 2007
- Reaction score
Do you know what medicare and medicaid reimbursement rates are? They do not reimburse fee for service. They determine what they think a procedure is worth, and reimburse by that table...on average 30-40 % below actual fee. That creates deficits.
actual fee... it's high enough already so even with 30-40% off that... money's still pouring into their pockets. such a lucrative business for them.
and we both know who chairs over regulation. lot of them are former CEO of ----- (insert big corporation name).