Submitted by Thegreatcornholio459 t3_1267104 in explainlikeimfive
Fortressa- t1_je958iy wrote
Reply to comment by Manofchalk in ELI5: What is Universal Healthcare by Thegreatcornholio459
Just to clarify, private providers do not negotiate with Medicare. The Medicare Benefits Schedule is set and the provider can take it or leave it. There are tweaks and new items and occasional indexations, but the rate is the rate. Docs can charge whatever they want, and the patient will only get back what the MBS says.
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