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Big Blue Marble

(5,445 posts)

23. Medicare Advantage is a corporate enterprise paid for by taxpayers.

Reply to DownriverDem (Reply #15)

Sun Feb 25, 2024, 02:40 PM

Feb 2024

It is just one more form of the corporate profit seeking takeover our health care as are most if not all
Medicaid plans. Profit-based health care will not have good outcome for any of us. It is a business
model that turns the patient into a commodity and makes decisions based on what is best for
the CEO and the stockholders, not you and me.

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35 replies

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Highlight:

A sad story of what happens when you privatize a major non-profit hospital [View all] Wonder Why Feb 2024 OP

All healthcare should be publicly owned and operated. NT. Voltaire2 Feb 2024 #1

Yep. Cuba does it. Marcus IM Feb 2024 #3

Not necessarily. Our non-profit hospital is far better than the VA Hospital I also use. While it is Wonder Why Feb 2024 #6

If it's owned by the county it is publicly owned. Voltaire2 Feb 2024 #7

It was built and paid for by a private donor who gave a huge donation to get it going long ago. It is not Wonder Why Feb 2024 #8

It's still publicly owned, no matter who donated the money Warpy Feb 2024 #10

The contention of the poster I replied to had the additive AND OPERATED. That is the critical thing. Wonder Why Feb 2024 #19

Does it have shareholders, whose interest by law marybourg Feb 2024 #14

++ appalachiablue Feb 2024 #12

Shitty? tom_kelly Feb 2024 #17

That's a strong no from this provider with my own private practice tulipsandroses Feb 2024 #22

Similar story in CT and PA - Prospect Medical Holdings RandomNumbers Feb 2024 #2

Sadly, counties aren't willing to -- or can't - fund their modern hospital systems. Thus, they turn to private entities. Silent Type Feb 2024 #4

Nurses on Reddit hate HCA facilities ismnotwasm Feb 2024 #5

"What Happens When Private Equity Takes Over a Hospital" -- Harvard Medical School Gaugamela Feb 2024 #9

+1 leftstreet Feb 2024 #11

Thanks, people need to know the truth about PE. Soon. appalachiablue Feb 2024 #13

It needs to be fixed DownriverDem Feb 2024 #15

Medicare Advantage is a corporate enterprise paid for by taxpayers. Big Blue Marble Feb 2024 #23

Medicaid is managed the same way as traditional Medicare - not for profit. yellowdogintexas Feb 2024 #31

True the funding is from the federal and state governments. Big Blue Marble Feb 2024 #32

Insurances won't pay for ambulance to take patients to ER's farther away either wishstar Feb 2024 #16

It would appear... GiqueCee Feb 2024 #18

America isn't alone. No country has been able to figure out how to have good healthcare systems. Marcus IM Feb 2024 #20

You do know that many have better patient outcomes than we do? Big Blue Marble Feb 2024 #24

Yes. Did you see the sarcasm smiley? Marcus IM Feb 2024 #27

Whoops! Big Blue Marble Feb 2024 #33

Totally cool. Marcus IM Feb 2024 #34

Somehow private equity needs to be prevented from buying our healthcare facilities. Lonestarblue Feb 2024 #21

Private equity firms are insidiously destroying the American way of life FakeNoose Feb 2024 #26

+1 dalton99a Feb 2024 #29

The local HCA owned hospital misdiagnosed my cancer xmas74 Feb 2024 #25

HCA is Evil Incarnate. nt yellowdogintexas Feb 2024 #28

hmmm, HCA..where have I heard that acromyn before? onethatcares Feb 2024 #30

We desperately need gov. regulation of healthcare. area51 Feb 2024 #35