Worse Than the Public Option

This is an opinion item.

Author(s)	The Wall Street Journal editorial board
Source	The Wall Street Journal
Date	December 11, 2009
URL	http://online.wsj.com/article/SB10001424052748703514404574587981316751944.html
Quote	"In the case of Medicare, this means expanding a program that is already going broke. Medicare reimburses doctors and hospitals at rates 70% to 80% below those of private insurers, which means below the actual treatment costs in many cities and regions. Providers either eat these losses—about half of U.S. hospitals are running a deficit or close to it—or they raise prices for private payers."

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This item argues against the position Act should be passed on the topic Patient Protection and Affordable Care Act.