Quote:
Originally Posted by Guest
I'll take that deal. But before you agree, realize I've paid about 300K into it, which invested at the average market return of 8% would double every 9 years. So take the midpoint, 150K, and multiply by 16 for a total return of 2.4 million. Since Medicare pays 80% of approved charges, that's an even 3 million in charges. Still want to make the deal??????
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If you indeed paid over 300K into Medicare you were either grossly over paid or you had a poor accountant. If you were a brain surgeon please disregard this post.