- Sep 19, 2011
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We had that system right up to the time that Medicare was created. No children were turned away because they couldn't pay, and people were not dying on the streets. Medical rates were reasonable, insurance costs were reasonable, and this country prospered. Most hospitals were community or church sponsored, and rich people contributed considerably to the cause, and or course, to get their names on one or more of the buildings.
I imagine that some child, somewhere, was refused medical care because they couldn't pay, but that was definitely not the norm in the USA.
Medicare screwed up our medical care system. Not because it was not a good idea, but because it was run by dumbasses who didn't have any concept of what they were doing. Unlimited amounts of government money sponsored corruption throughout the system, and drove up costs tremendously. Medicaid finished the job, and now we need a new government program to fix the mess created by the existing government programs.
There are more problems caused by profit seeking than anything. We have not produced a cure for anything in a long time because the drug companies concentrate on drug therapies that require you to take a drug for the rest of your life. To contrast, antibiotics were developed by US and British scientists who worked for their governments and gave away the patents for penicillin to the world for free.
Son, I worked for a health insurance company before Medicare went into effect, and you are reciting pure bull shit....
These IDIOTs blaming an industry that under penalty of imprisonment sign financial statements that show an average of 80% of every dollar in
premium is paid out in claims! Then according to state laws that require reserves for future claims these companies must have a profit to build reserves. So when all said and done average insurance company spends:
80¢ of every dollar for claims
16¢ of every dollar for administration computers,salaries, FICA,
4¢ left for profit of which 30% goes for taxes leaving less the 2¢ profit to build reserves!
NO if these idiots KNEW anything about insurance they would be pissed at what 90% of the doctors who FILE claims with the companies state:
"Physicians estimate the cost of defensive medicine in US at $650 to $850 billion per year. This is 26 to 34% of all US healthcare costs.
Up to 92% of US physicians practice defensive medicine.
SOURCE: Health News Observer ? Physicians Estimate The Cost Of Defensive Medicine In Us At 650 To 850 Bill Articles
$850 billion a year that per the experts, i.e. doctors they waste because they fear lawsuits!