Eli5: Medicare buy in to the ACA / “public option”

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My brain can’t comprehend what this would do and how it would work. Also, does this lower health care costs? How? Why?

What is this “public option”?

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4 Answers

Anonymous 0 Comments

This may not decrease overall cost to the health care system if more people are on Medicare. Medicare dictates its reimbursement. The issue is that they have a tendency to underpay.. if the reimbursement is less than cost, it must be made up somewhere. Generally, it’s those with commercial insurance who make up the shortfall. If more are on Medicare, there will be a bigger shortfall and the costs will increase to those with commercial insurance.

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