To be more accurate, it’s being gamed by the Private Equity operators who bought out the doctors.
free link:
{{ Under the system, each side submits its final offer to an independent arbitrator who picks the most reasonable one. Compromise awards are not permitted, and appeals are not allowed. In one case The Times reported, an arbitrator had to decide between offers of $105 and $100,000 for work assisting in a breast reconstruction surgery. The arbitrator selected the doctor’s bid. }}
Yep. United Heathcare said it was worth $100, the Private Equity firm said $100,000. I’m guessing the Medicare reimbursement for the procedure was probably about $5,000.
Which of these unsympathetic supplicants to choose ???
Single Payer would eliminate this nonsense.
intercst