Friday, November 5, 2010

Health group may offer plan to trim costs |

Health group may offer plan to trim costs | "- Sent using Google Toolbar"
This calls the public programs that pay for medical care INSURANCE. Insurance is defined as "promise of reimbursement in the case of loss; paid to people or companies so concerned about hazards that they have made prepayments to an insurance company". Since Pre-paid Medical Assistance started in MN the managed care companies get a payment per person to cover them like any other managed care plan would. Going from the State paying for medical bills to paying MCOs to pay them costs more but the State will not provide a cost comparison to show how wasteful this is. But then the MCOs have paid a lot to the politicians and lobbyists to keep us all ignorant of the ugly truth.

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