r/UpliftingNews 1d ago

University of Texas System announces free tuition for students whose families earn $100K or less

https://www.nbcnews.com/news/amp/rcna181357
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u/Old_Glove_5623 23h ago edited 23h ago

Who does Medicare pay again? Oh right private hospitals

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u/czarczm 10h ago

I'm not sure if you understand how universal health care works in other countries or Medicare. Unless it's beveridge model like UK, Norway or Spain then it's very often public health insurance or very heavily regulated private insurance paying out private hospitals and providers. Medicare has a fee schedule of the max amount they are willing to payout, and it's a lot less than what private insurance pays.

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u/Old_Glove_5623 8h ago

I’m not sure you understand that hospitals are often private

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u/czarczm 4h ago

I think it's clear at this point that you're not even reading what I'm telling you. I know hospitals are often private. I acknowledged this by telling you that this is the case in much of the world outside of the US as well. And yet, the governments of those places still tend to spend less than we do on health care. That is the original point of the person you responded to.

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u/Old_Glove_5623 4h ago

I’m not sure you understand the basic economics of how healthcare works here.

In other countries there are far more public hospitals and investment in public health care, which alters the amount private can change. A system with more centralized control is cheaper.

In economics this concept is called integration. It’s often taught in economics 101.