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Joined: Feb 2008
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old hand
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old hand
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Ultimately, the uncollectable debt becomes a write off. If a publicly owned hospital, the public ends up covering the bad debt. If a privately owned hospital, the bad debt in essence is absorbed by the total of charges paid by those who do pay their bills, whether directly or through an insurer.
So, bottom line, we pay.
Not a public option in the sense that the GOP and insurance industry are using the term to defeat reform, but the public pays the bill without owning the plan or the system.
Hmmm. wondering which is worse; paying the bill for something we can't manage or owning it and paying the bill for something we can manage!
Congressman Wilson, what say you? And don't lie to us!
Last edited by loganrbt; 10/16/09 11:42 PM.
"The white men were as thick and numerous and aimless as grasshoppers, moving always in a hurry but never seeming to get to whatever place it was they were going to." Dee Brown
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