Oh, SNAP! (vs Medicaid)

So, FoIB Michael Bertaut offers 1,000 words on how Medicaid really reimburses providers, and its implication viz both Medicare and commercial health insurance:

[click chart to embiggen]

Money quote:

"Every time she scans anything, the price drops dramatically. That $4 gallon of milk goes down to $2. That $10 worth of ground meat down to $5. That $2 loaf of bread to $.50!! ... The only other way out would be to raise your prices enough on everyone else to cover your SNAP shortfall."

Now apply this to health care.

And by the way, co-blogger Mike wrote something similar a dozen years ago - great minds do think alike!