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Thread: Mayo to give preference to privately insured patients over Medicaid patients

  1. #11
    Southern Strategy Liberal OldGaffer's Avatar
    Jul 2013

    Nashville, TN
    Quote Originally Posted by Kallie Knoetze View Post
    Mr. Gaffer,

    For profit health care pays for innovation, building new facilities, hiring of staff, etc. That's why you get a better level of care in private hospitals than in public.

    By the by, you do know that electric utilities, and water companies are in it to make money, right? They don't provide that service for free.
    A public utility (usually just utility) is an organization that maintains the infrastructure for a public service (often also providing a service using that infrastructure). Public utilities are subject to forms of public control and regulation ranging from local community-based groups to statewide government monopolies.
    The term utilities can also refer to the set of services provided by these organizations consumed by the public: electricity, natural gas, water, and sewage. Broadband internet services (both fixed-line and mobile) are increasingly being included within the definition.[1][2][3][4][5]
    Public utilities can be privately owned or publicly owned. Publicly owned utilities include cooperative and municipal utilities. Municipal utilities may actually include territories outside of city limits or may not even serve the entire city. Cooperative utilities are owned by the customers they serve. They are usually found in rural areas. Publicly owned utilities are non-profit.[citation needed] Private utilities, also called investor-owned utilities, are owned by investors,[8][9][10] and operate for profit, often referred to as a rate of return.
    Do you need more information?
    Thanks from Babba

  2. #12
    Veteran Member
    Jan 2014

    Quote Originally Posted by OldGaffer View Post
    Do you need more information?
    Mr. Gaffer,

    Differences Between Publicly and Investor-Owned Utilities

    Mission Goals (investor owned utilities): Optimize return on investment for shareholders.

    A New Study Suggests Private Companies Outperform Public Utilities When It Comes to Meeting Regulations - CityLab

    Hope that helps.

  3. #13
    Moderator HCProf's Avatar
    Sep 2014

    Quote Originally Posted by bajisima View Post
    When I lived down in Massachusetts, there was one hospital that the local sports teams, politicians, celebrity wealthier types used. They never liked to take Medicaid and there were stories that they would divert ambulances or if you walked into an ER on Medicaid, they would claim they had no room and send you to another hospital. Have also heard stories recently that some policies on the exchanges get the same treatment. If you have a massive deductible they assume you wont be able to pay when the bill comes due so they can send you elsewhere.
    My doctor doesn't accept Obamacare either, she said the reimbursement is too low to contract with those plans. Where my Dad lives, his doctor's office has a sign that says, if you have Obamacare, 100.00 is due at time of service. This is the only way they can collect on a visit for folks who have high deductibles.
    Thanks from Kallie Knoetze and bajisima

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