Comment on N.J. nurses vote to strike, reject hospital’s settlement

• jeffw@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Currently studying this. It depends on your payer mix. Medicare and Medicaid never negotiate. Insurers will negotiate reimbursement rate to docs/hospitals, depending on the situation. If one insurance company dominates the market, they won’t negotiate. Why would they? They insure 80% of a city, what can a hospital do? Refuse patients on that plan? Then they lose access to 80% of potential revenues

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  • min_fapper@iusearchlinux.fyi ⁨1⁩ ⁨year⁩ ago

    Thanks for the write up. It was informative.

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    • jeffw@lemmy.world ⁨1⁩ ⁨year⁩ ago

      You’re welcome! Happy to talk other questions that I can give short answers to. Insurance is a wild world

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