Monday, July 29, 2013

Government always benefits the insiders

Medicare Whac-A-Mole - "The other problem is that any payment system inevitably ends up being manipulated by savvy payees. “You price on the basis of one thing, but then people optimize their behavior to that thing,” says Kling. In a sense this is the primary job of health care administrators: to understand payment systems and squeeze every possible dollar out of them."

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