So you've got Medicare, which is reimbursing doctors at 80 cents on the dollar, which means that somebody's got to make up the 20 cents. So we do a cost shift and shift that 20 cents into Medicare and dump that cost onto people who have private insurance, right?
W. Todd Akin: “So you've got Medicare, which is reimbursing doctors at 80 cents on the dollar, which means that somebody's got to make…”
Editor's note · Context
The speaker is discussing the financial implications of Medicare reimbursement rates.
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