Money Driven Medicine, Moyers on PBS

pal_of_poor

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Aug 14, 2009
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Bill Moyers: Money-Driven Medicine - The Real Reason Health Care Costs So Much | Health and Wellness | AlterNet

Link to transcript, and

Bill Moyers Journal . Home | PBS

link to show.

It is an eye-opening show, lacking the usual misinformation one gets by watching FAUX, or listening to republicans. Nice graph about how much we are spending, compared to other nations, just because we include insurance companies in the mix, that add no value to us as a nation. I don't get how even 14 percent of Americans still believe we need to keep the insurance industry involved in our health care, since they basically don't make our care better, and just end up costing us more money. I guess some folks either profit from the insurance companies, or perhaps a few are just too stupid to understand that keeping insurance industries involved, just costs us more money.

Single-payer is best, you get your care, and the government pays for it. That keeps CEOs with 700 million dollar compensation packages out of the deal.

Anyway, if you want true information, you'll check this out.
 
Insurance companies add 20% to 25% in administrative costs to the price of healthcare. Then there is the 3% to 5% profit margin that must be added in. On top of this, because there are so many different insurance companies to deal with and so many different plans, doctors and hospitals spend another 10% to 15% on paperwork.

Realistically, removing the insurance companies and going with a one payer system would reduce costs by 35% to 40%. However, healthcare in general would likely suffer unless we also addressed the lack of doctors, nurses, and other medical staff that is currently plaguing the system.
 
other countries have greatly reduced the costs and produced better care by adding in government care.

Funny how all the right thinks we are not as capable as these other countries
 
Insurance companies add 20% to 25% in administrative costs to the price of healthcare. Then there is the 3% to 5% profit margin that must be added in. On top of this, because there are so many different insurance companies to deal with and so many different plans, doctors and hospitals spend another 10% to 15% on paperwork.

Realistically, removing the insurance companies and going with a one payer system would reduce costs by 35% to 40%. However, healthcare in general would likely suffer unless we also addressed the lack of doctors, nurses, and other medical staff that is currently plaguing the system.

Yea, we really need to address the shortage of HC providers. We boomers are retiring, and rather than trying to poach nurses from already poor and underprovided English speaking countries, we need to redirect people into the medial industries.

I think Obama's address to the kids was supposed to push for more interest in Science and Math. Buuuuutttt, the republicans, as usual are up in arms about anything that might make people smarter, especially reality and science. You can't keep people duped up on religion once they've tasted a bit of science.
 
The insanity of a small, and highly vocal minority, is washing over us all.

It's the new racist behavior. They can't just come right out with it like they use to, so like the coward racists they are, they hide it in the birthers, the deathers, and the idiot Beck watchers.

It's a Brave New World, where good is bad, bad is good, and nothing Obama does will be greeted with reason, instead, met with a primal scream, a deafening din. I can only hope that reason prevails, and that when reasonable conservatives, if that is not an oxymoron, see the childish, puerile chiding of sick people at these meetings, that they will decide they do NOT want to be associated with such complete, and total assholes, who value their money, more than anything in the world, even their patriotism to America, and our system of government.
 

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