Hold on to your hat: Medicare pays lower prices than commercial market insurers. Yeah, OK, you already knew that. But what are the implications for access to care? I answer that question in my latest AcademyHealth post.
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AcademyHealth: Traditional Medicare is cheaper
03/09/2017
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Excerpt: Economic profit
Excerpt: Diminishing marginal utility
Excerpt: Four factors of production
Excerpt: Monopoly marginal revenue
Excerpt: Consumer/producer surplus
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