Discussion in 'Healthcare/Insurance/Govt Healthcare' started by Flaylo, May 12, 2011.
Richard Kirsch: It's the Prices, Stupid: Consumers Don't Drive High Health Care Costs
It's insurance. If we didn't have other people pay for our needs, rates would have to be reasonable to get paid. Add the cost of schooling to that too. If people didnt have to pay so much for their schooling, so that they have to take out loans, they wouldn't have to charge so much to pay off their debts.
lot's of factors involved here, but the overwieght middleman surely isn't helping.....
1. I thought you were leaving?
2. The USA is the only nation that let's its lawyers feast on its health care system
3. Government is the biggest consumer of health Care and they never give a fuck about what anything costs
4. Oh, thanks for posting yet another article from HuffPo, you always have so much to add to this Board.
The theoretical laws regarding supply demand are tested when it comes to health care.
First, consumers do not decide their treatment in most cases, the doctors do.
Secondly, few consumers actually pay for their HC.
Now I am not saying that the supply demand plays no role in HC costs, but HC certainly isn't remotely like that widget market so many of read about in ECON 100
You have the CEOs of some Health Care Companies making a hundred million dollar plus paychecks and people on this board want to blame "lawyers" and "doctors" for the high cost?
A single 100 million dollar check will pay the total medical insurance costs of 34,000 people. Imagine how many policies you actually have to skim to make a paycheck that large.
Add in private jets, stock options, administration costs, company retreats, all the other high level salaries, and you have to begin to ask yourself, "For every dollar paid into that policy, how much actually goes to the patient?" For the VA, it's around 96 cents on the dollar. Does anythone think it's close to that for market Health Care?
The number one cause of bankruptcy are medical bills.
All you have to do is "connect the dots".
Yeah you're right you liberal idiot. The fact that we are one of the unhealthiest industrialized nations in the world has NOTHING to do with what health care costs in this country.
The disconnection is pretty simple to understand. The average health care consumer doesn't actually pay for care- to them it is essentially "FREE". Their employer pays the lions share of the insurance premium, and they pay a small portion and possibly a co-payment. So, they over utilize services. Why not? To them health care is "FREE" or almost "FREE". So long as someone else is paying the tab, health care costs will continue to rise.
so in a month or two obie doodle will issue an executive order decreasing the pay for our nations physicians... kool beans.
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