If you bet 21 days you won

[brummelben]

my bad weasel thinking you could see the error of your ways

He is an idiot, to dismiss anything out of hand

It was bullshit then and it's bullshit now. Liberals are just brainwashed disciples with no ability to process anything.

How is this for "bullseye" son. The government can provide insurance with an overhead of 3%, yet private insurers prior to the ACA were writing off as much as 40% of every premium dollar as "overhead"

 

[Iceweasel]

my bad weasel thinking you could see the error of your ways

He is an idiot, to dismiss anything out of hand

It was bullshit then and it's bullshit now. Liberals are just brainwashed disciples with no ability to process anything.

How is this for "bullseye" son. The government can provide insurance with an overhead of 3%, yet private insurers prior to the ACA were writing off as much as 40% of every premium dollar as "overhead"

Sorry JUNIOR. The government provides NOTHING. It takes money. You are so goddamn stupid you think if the government takes from one and gives to another government created the wealth.

A write off is a loss. Government involvement is another layer for them to deal with, while too much government was a big part of their overhead as it was.

 

[NightFox]

my bad weasel thinking you could see the error of your ways

He is an idiot, to dismiss anything out of hand

It was bullshit then and it's bullshit now. Liberals are just brainwashed disciples with no ability to process anything.

How is this for "bullseye" son. The government can provide insurance with an overhead of 3%, yet private insurers prior to the ACA were writing off as much as 40% of every premium dollar as "overhead"

Umm..no, the 3% number is a myth since it excludes all the administrative costs that are offloaded to other government agencies like the IRS (which collects all the revenues necessary to run the programs), the HHS which does all the accounting, auditing, fraud investigation, marketing, building and operational costs and in case no one told you government run healthcare programs are TAX EXEMPT which private insurers are not (private insurers actually bear part of the cost to run government health care programs via the taxes they pay).

Lastly and most importantly Medicare subscribers are older and sicker which drives up the denominator used to calculate those bogus overhead figures, the denominator shifts administrative costs into patient care costs making it seem like administrative costs are lower while increasing patient care costs artificially, it's an accounting trick.

It's IMPOSSIBLE for any government agency to be more efficient than a private sector counterpart because lacking the profit motive and competition there is NO incentive for a government agency to be more efficient or provide higher quality products and services. They can simply take whatever resources they deem necessary by force and they have a captive customer base which isn't vulnerable to competitive offerings.

 

[brummelben]

my bad weasel thinking you could see the error of your ways

He is an idiot, to dismiss anything out of hand

It was bullshit then and it's bullshit now. Liberals are just brainwashed disciples with no ability to process anything.

How is this for "bullseye" son. The government can provide insurance with an overhead of 3%, yet private insurers prior to the ACA were writing off as much as 40% of every premium dollar as "overhead"

Umm..no, the 3% number is a myth since it excludes all the administrative costs that are offloaded to other government agencies like the IRS (which collects all the revenues necessary to run the programs), the HHS which does all the accounting, auditing, fraud investigation, marketing, building and operational costs and in case no one told you government run healthcare programs are TAX EXEMPT which private insurers are not (private insurers actually bear part of the cost to run government health care programs via the taxes they pay).

Lastly and most importantly Medicare subscribers are older and sicker which drives up the denominator used to calculate those bogus overhead figures, the denominator shifts administrative costs into patient care costs making it seem like administrative costs are lower while increasing patient care costs artificially, it's an accounting trick.

It's IMPOSSIBLE for any government agency to be more efficient than a private sector counterpart because lacking the profit motive and competition there is NO incentive for a government agency to be more efficient or provide higher quality products and services. They can simply take whatever resources they deem necessary by force and they have a captive customer base which isn't vulnerable to competitive offerings.

Are you gonna tell us that it costs the government more that the 40% overhead that private insurance companies had been charging

 

[Iceweasel]

my bad weasel thinking you could see the error of your ways

He is an idiot, to dismiss anything out of hand

It was bullshit then and it's bullshit now. Liberals are just brainwashed disciples with no ability to process anything.

How is this for "bullseye" son. The government can provide insurance with an overhead of 3%, yet private insurers prior to the ACA were writing off as much as 40% of every premium dollar as "overhead"

Umm..no, the 3% number is a myth since it excludes all the administrative costs that are offloaded to other government agencies like the IRS (which collects all the revenues necessary to run the programs), the HHS which does all the accounting, auditing, fraud investigation, marketing, building and operational costs and in case no one told you government run healthcare programs are TAX EXEMPT which private insurers are not (private insurers actually bear part of the cost to run government health care programs via the taxes they pay).

Lastly and most importantly Medicare subscribers are older and sicker which drives up the denominator used to calculate those bogus overhead figures, the denominator shifts administrative costs into patient care costs making it seem like administrative costs are lower while increasing patient care costs artificially, it's an accounting trick.

It's IMPOSSIBLE for any government agency to be more efficient than a private sector counterpart because lacking the profit motive and competition there is NO incentive for a government agency to be more efficient or provide higher quality products and services. They can simply take whatever resources they deem necessary by force and they have a captive customer base which isn't vulnerable to competitive offerings.

Are you gonna tell us that it costs the government more that the 40% overhead that private insurance companies had been charging

What government insurance providers are there?

 

[brummelben]

He is an idiot, to dismiss anything out of hand

It was bullshit then and it's bullshit now. Liberals are just brainwashed disciples with no ability to process anything.

How is this for "bullseye" son. The government can provide insurance with an overhead of 3%, yet private insurers prior to the ACA were writing off as much as 40% of every premium dollar as "overhead"

Umm..no, the 3% number is a myth since it excludes all the administrative costs that are offloaded to other government agencies like the IRS (which collects all the revenues necessary to run the programs), the HHS which does all the accounting, auditing, fraud investigation, marketing, building and operational costs and in case no one told you government run healthcare programs are TAX EXEMPT which private insurers are not (private insurers actually bear part of the cost to run government health care programs via the taxes they pay).

Lastly and most importantly Medicare subscribers are older and sicker which drives up the denominator used to calculate those bogus overhead figures, the denominator shifts administrative costs into patient care costs making it seem like administrative costs are lower while increasing patient care costs artificially, it's an accounting trick.

It's IMPOSSIBLE for any government agency to be more efficient than a private sector counterpart because lacking the profit motive and competition there is NO incentive for a government agency to be more efficient or provide higher quality products and services. They can simply take whatever resources they deem necessary by force and they have a captive customer base which isn't vulnerable to competitive offerings.

Are you gonna tell us that it costs the government more that the 40% overhead that private insurance companies had been charging

What government insurance providers are there?

you know the answer to that, providers are not needed. Why should any company be in the business of profiting in healthcare

 

[NightFox]

It was bullshit then and it's bullshit now. Liberals are just brainwashed disciples with no ability to process anything.

How is this for "bullseye" son. The government can provide insurance with an overhead of 3%, yet private insurers prior to the ACA were writing off as much as 40% of every premium dollar as "overhead"

Umm..no, the 3% number is a myth since it excludes all the administrative costs that are offloaded to other government agencies like the IRS (which collects all the revenues necessary to run the programs), the HHS which does all the accounting, auditing, fraud investigation, marketing, building and operational costs and in case no one told you government run healthcare programs are TAX EXEMPT which private insurers are not (private insurers actually bear part of the cost to run government health care programs via the taxes they pay).

Lastly and most importantly Medicare subscribers are older and sicker which drives up the denominator used to calculate those bogus overhead figures, the denominator shifts administrative costs into patient care costs making it seem like administrative costs are lower while increasing patient care costs artificially, it's an accounting trick.

It's IMPOSSIBLE for any government agency to be more efficient than a private sector counterpart because lacking the profit motive and competition there is NO incentive for a government agency to be more efficient or provide higher quality products and services. They can simply take whatever resources they deem necessary by force and they have a captive customer base which isn't vulnerable to competitive offerings.

Are you gonna tell us that it costs the government more that the 40% overhead that private insurance companies had been charging

What government insurance providers are there?

you know the answer to that, providers are not needed. Why should any company be in the business of profiting in healthcare

LOL, Why should any company be in the business of profiting on anything? Perhaps the concepts of specialization of labor and voluntary exchange are new ones to you but out here in the real world the prosperity of the entire human race relies on them. If providers weren't needed there would be no market demand for what they are selling.

The reason that Companies are in the business of profiting in healthcare is because consumers want and need their services and are willing to pay for them, that's what profit is, it's the payment for goods and services rendered along with compensation for the risk to capital that entrepreneurs expose themselves to. You don't work for cost do you? Why the fuck would you expect anybody else to?

 

[brummelben]

How is this for "bullseye" son. The government can provide insurance with an overhead of 3%, yet private insurers prior to the ACA were writing off as much as 40% of every premium dollar as "overhead"

Umm..no, the 3% number is a myth since it excludes all the administrative costs that are offloaded to other government agencies like the IRS (which collects all the revenues necessary to run the programs), the HHS which does all the accounting, auditing, fraud investigation, marketing, building and operational costs and in case no one told you government run healthcare programs are TAX EXEMPT which private insurers are not (private insurers actually bear part of the cost to run government health care programs via the taxes they pay).

Lastly and most importantly Medicare subscribers are older and sicker which drives up the denominator used to calculate those bogus overhead figures, the denominator shifts administrative costs into patient care costs making it seem like administrative costs are lower while increasing patient care costs artificially, it's an accounting trick.

It's IMPOSSIBLE for any government agency to be more efficient than a private sector counterpart because lacking the profit motive and competition there is NO incentive for a government agency to be more efficient or provide higher quality products and services. They can simply take whatever resources they deem necessary by force and they have a captive customer base which isn't vulnerable to competitive offerings.

Are you gonna tell us that it costs the government more that the 40% overhead that private insurance companies had been charging

What government insurance providers are there?

you know the answer to that, providers are not needed. Why should any company be in the business of profiting in healthcare

LOL, Why should any company be in the business of profiting on anything? Perhaps the concepts of specialization of labor and voluntary exchange are new ones to you but out here in the real world the prosperity of the entire human race relies on them. If providers weren't needed there would be no market demand for what they are selling.

The reason that Companies are in the business of profiting in healthcare is because consumers want and need their services and are willing to pay for them, that's what profit is, it's the payment for goods and services rendered along with compensation for the risk to capital that entrepreneurs expose themselves to. You don't work for cost do you? Why the fuck would you expect anybody else to?

What services do these companies offer that our government could provide for less. All an insurance company in health care is, is a middleman who takes our money and pay the doctors and hospitals. Do we really need a very expensive middleman?

 

[Iceweasel]

What government insurance providers are there?

you know the answer to that, providers are not needed. Why should any company be in the business of profiting in healthcare

Fail. You don't understand the basics of economy. Why don't you go out, spend a fortune and work to provide services for others at no profit and get back to us.

 

[Iceweasel]

Umm..no, the 3% number is a myth since it excludes all the administrative costs that are offloaded to other government agencies like the IRS (which collects all the revenues necessary to run the programs), the HHS which does all the accounting, auditing, fraud investigation, marketing, building and operational costs and in case no one told you government run healthcare programs are TAX EXEMPT which private insurers are not (private insurers actually bear part of the cost to run government health care programs via the taxes they pay).

Lastly and most importantly Medicare subscribers are older and sicker which drives up the denominator used to calculate those bogus overhead figures, the denominator shifts administrative costs into patient care costs making it seem like administrative costs are lower while increasing patient care costs artificially, it's an accounting trick.

It's IMPOSSIBLE for any government agency to be more efficient than a private sector counterpart because lacking the profit motive and competition there is NO incentive for a government agency to be more efficient or provide higher quality products and services. They can simply take whatever resources they deem necessary by force and they have a captive customer base which isn't vulnerable to competitive offerings.

Are you gonna tell us that it costs the government more that the 40% overhead that private insurance companies had been charging

What government insurance providers are there?

you know the answer to that, providers are not needed. Why should any company be in the business of profiting in healthcare

LOL, Why should any company be in the business of profiting on anything? Perhaps the concepts of specialization of labor and voluntary exchange are new ones to you but out here in the real world the prosperity of the entire human race relies on them. If providers weren't needed there would be no market demand for what they are selling.

The reason that Companies are in the business of profiting in healthcare is because consumers want and need their services and are willing to pay for them, that's what profit is, it's the payment for goods and services rendered along with compensation for the risk to capital that entrepreneurs expose themselves to. You don't work for cost do you? Why the fuck would you expect anybody else to?

What services do these companies offer that our government could provide for less. All an insurance company in health care is, is a middleman who takes our money and pay the doctors and hospitals. Do we really need a very expensive middleman?

The government would provide services directly ...how? If they aren't the middleman then they are the ones providing the service. I worked in a VA hospital and grew up a military dependent so I already know how that works out. No thanks.

 

[NightFox]

my bad weasel thinking you could see the error of your ways

He is an idiot, to dismiss anything out of hand

It was bullshit then and it's bullshit now. Liberals are just brainwashed disciples with no ability to process anything.

How is this for "bullseye" son. The government can provide insurance with an overhead of 3%, yet private insurers prior to the ACA were writing off as much as 40% of every premium dollar as "overhead"

Umm..no, the 3% number is a myth since it excludes all the administrative costs that are offloaded to other government agencies like the IRS (which collects all the revenues necessary to run the programs), the HHS which does all the accounting, auditing, fraud investigation, marketing, building and operational costs and in case no one told you government run healthcare programs are TAX EXEMPT which private insurers are not (private insurers actually bear part of the cost to run government health care programs via the taxes they pay).

Lastly and most importantly Medicare subscribers are older and sicker which drives up the denominator used to calculate those bogus overhead figures, the denominator shifts administrative costs into patient care costs making it seem like administrative costs are lower while increasing patient care costs artificially, it's an accounting trick.

It's IMPOSSIBLE for any government agency to be more efficient than a private sector counterpart because lacking the profit motive and competition there is NO incentive for a government agency to be more efficient or provide higher quality products and services. They can simply take whatever resources they deem necessary by force and they have a captive customer base which isn't vulnerable to competitive offerings.

Are you gonna tell us that it costs the government more that the 40% overhead that private insurance companies had been charging

I'm not going to tell you, the numbers are going to tell you and your 40% number is nonsense as you completely ignore the fact that baked into that fictitious number (that only a moron like Maxine Waters would believe) are all the taxes and regulatory burdens IMPOSED BY GOVERNMENT. Health insurance companies and Health Care providers operate on incredibly thin margins to begin with and government just continually squeezes them further by adding completely unnecessary burdens to them, the effect of which is to stunt capital flows, decouple costs from actual consumption and stifle competition.

If you really want to lower health care costs, get rid of all the ridiculous tax and regulatory burdens along with all the government facilitated crony capitalism that stifles competition.

 

[brummelben]

Are you gonna tell us that it costs the government more that the 40% overhead that private insurance companies had been charging

What government insurance providers are there?

you know the answer to that, providers are not needed. Why should any company be in the business of profiting in healthcare

LOL, Why should any company be in the business of profiting on anything? Perhaps the concepts of specialization of labor and voluntary exchange are new ones to you but out here in the real world the prosperity of the entire human race relies on them. If providers weren't needed there would be no market demand for what they are selling.

The reason that Companies are in the business of profiting in healthcare is because consumers want and need their services and are willing to pay for them, that's what profit is, it's the payment for goods and services rendered along with compensation for the risk to capital that entrepreneurs expose themselves to. You don't work for cost do you? Why the fuck would you expect anybody else to?

What services do these companies offer that our government could provide for less. All an insurance company in health care is, is a middleman who takes our money and pay the doctors and hospitals. Do we really need a very expensive middleman?

The government would provide services directly ...how? If they aren't the middleman then they are the ones providing the service. I worked in a VA hospital and grew up a military dependent so I already know how that works out. No thanks.

If you worked in a VA hospital you know of the excellent level of care people receive without paying for private insurance companies

 

[brummelben]

He is an idiot, to dismiss anything out of hand

It was bullshit then and it's bullshit now. Liberals are just brainwashed disciples with no ability to process anything.

How is this for "bullseye" son. The government can provide insurance with an overhead of 3%, yet private insurers prior to the ACA were writing off as much as 40% of every premium dollar as "overhead"

Umm..no, the 3% number is a myth since it excludes all the administrative costs that are offloaded to other government agencies like the IRS (which collects all the revenues necessary to run the programs), the HHS which does all the accounting, auditing, fraud investigation, marketing, building and operational costs and in case no one told you government run healthcare programs are TAX EXEMPT which private insurers are not (private insurers actually bear part of the cost to run government health care programs via the taxes they pay).

Lastly and most importantly Medicare subscribers are older and sicker which drives up the denominator used to calculate those bogus overhead figures, the denominator shifts administrative costs into patient care costs making it seem like administrative costs are lower while increasing patient care costs artificially, it's an accounting trick.

It's IMPOSSIBLE for any government agency to be more efficient than a private sector counterpart because lacking the profit motive and competition there is NO incentive for a government agency to be more efficient or provide higher quality products and services. They can simply take whatever resources they deem necessary by force and they have a captive customer base which isn't vulnerable to competitive offerings.

Are you gonna tell us that it costs the government more that the 40% overhead that private insurance companies had been charging

I'm not going to tell you, the numbers are going to tell you and your 40% number is nonsense as you completely ignore the fact that baked into that fictitious number (that only a moron like Maxine Waters would believe) are all the taxes and regulatory burdens IMPOSED BY GOVERNMENT. Health insurance companies and Health Care providers operate on incredibly thin margins to begin with and government just continually squeezes them further by adding completely unnecessary burdens to them, the effect of which is to stunt capital flows, decouple costs from actual consumption and stifle competition.

If you really want to lower health care costs, get rid of all the ridiculous tax and regulatory burdens along with all the government facilitated crony capitalism that stifles competition.

Sorry bub, but one of the provisions of the ACA limited private insurers to 20% overhead, and that has zero to do with taxes. Is this what you call thin margins

 

[Iceweasel]

What government insurance providers are there?

you know the answer to that, providers are not needed. Why should any company be in the business of profiting in healthcare

LOL, Why should any company be in the business of profiting on anything? Perhaps the concepts of specialization of labor and voluntary exchange are new ones to you but out here in the real world the prosperity of the entire human race relies on them. If providers weren't needed there would be no market demand for what they are selling.

The reason that Companies are in the business of profiting in healthcare is because consumers want and need their services and are willing to pay for them, that's what profit is, it's the payment for goods and services rendered along with compensation for the risk to capital that entrepreneurs expose themselves to. You don't work for cost do you? Why the fuck would you expect anybody else to?

What services do these companies offer that our government could provide for less. All an insurance company in health care is, is a middleman who takes our money and pay the doctors and hospitals. Do we really need a very expensive middleman?

The government would provide services directly ...how? If they aren't the middleman then they are the ones providing the service. I worked in a VA hospital and grew up a military dependent so I already know how that works out. No thanks.

If you worked in a VA hospital you know of the excellent level of care people receive without paying for private insurance companies

Yep. You're a retard alright.

 

[Iceweasel]

It was bullshit then and it's bullshit now. Liberals are just brainwashed disciples with no ability to process anything.

How is this for "bullseye" son. The government can provide insurance with an overhead of 3%, yet private insurers prior to the ACA were writing off as much as 40% of every premium dollar as "overhead"

Umm..no, the 3% number is a myth since it excludes all the administrative costs that are offloaded to other government agencies like the IRS (which collects all the revenues necessary to run the programs), the HHS which does all the accounting, auditing, fraud investigation, marketing, building and operational costs and in case no one told you government run healthcare programs are TAX EXEMPT which private insurers are not (private insurers actually bear part of the cost to run government health care programs via the taxes they pay).

Lastly and most importantly Medicare subscribers are older and sicker which drives up the denominator used to calculate those bogus overhead figures, the denominator shifts administrative costs into patient care costs making it seem like administrative costs are lower while increasing patient care costs artificially, it's an accounting trick.

It's IMPOSSIBLE for any government agency to be more efficient than a private sector counterpart because lacking the profit motive and competition there is NO incentive for a government agency to be more efficient or provide higher quality products and services. They can simply take whatever resources they deem necessary by force and they have a captive customer base which isn't vulnerable to competitive offerings.

Are you gonna tell us that it costs the government more that the 40% overhead that private insurance companies had been charging

I'm not going to tell you, the numbers are going to tell you and your 40% number is nonsense as you completely ignore the fact that baked into that fictitious number (that only a moron like Maxine Waters would believe) are all the taxes and regulatory burdens IMPOSED BY GOVERNMENT. Health insurance companies and Health Care providers operate on incredibly thin margins to begin with and government just continually squeezes them further by adding completely unnecessary burdens to them, the effect of which is to stunt capital flows, decouple costs from actual consumption and stifle competition.

If you really want to lower health care costs, get rid of all the ridiculous tax and regulatory burdens along with all the government facilitated crony capitalism that stifles competition.

Sorry bub, but one of the provisions of the ACA limited private insurers to 20% overhead, and that has zero to do with taxes. Is this what you call thin margins

Gee, I wonder if that's why so many bailed out, some states are down to one.

 

[NightFox]

Umm..no, the 3% number is a myth since it excludes all the administrative costs that are offloaded to other government agencies like the IRS (which collects all the revenues necessary to run the programs), the HHS which does all the accounting, auditing, fraud investigation, marketing, building and operational costs and in case no one told you government run healthcare programs are TAX EXEMPT which private insurers are not (private insurers actually bear part of the cost to run government health care programs via the taxes they pay).

Lastly and most importantly Medicare subscribers are older and sicker which drives up the denominator used to calculate those bogus overhead figures, the denominator shifts administrative costs into patient care costs making it seem like administrative costs are lower while increasing patient care costs artificially, it's an accounting trick.

It's IMPOSSIBLE for any government agency to be more efficient than a private sector counterpart because lacking the profit motive and competition there is NO incentive for a government agency to be more efficient or provide higher quality products and services. They can simply take whatever resources they deem necessary by force and they have a captive customer base which isn't vulnerable to competitive offerings.

Are you gonna tell us that it costs the government more that the 40% overhead that private insurance companies had been charging

What government insurance providers are there?

you know the answer to that, providers are not needed. Why should any company be in the business of profiting in healthcare

LOL, Why should any company be in the business of profiting on anything? Perhaps the concepts of specialization of labor and voluntary exchange are new ones to you but out here in the real world the prosperity of the entire human race relies on them. If providers weren't needed there would be no market demand for what they are selling.

The reason that Companies are in the business of profiting in healthcare is because consumers want and need their services and are willing to pay for them, that's what profit is, it's the payment for goods and services rendered along with compensation for the risk to capital that entrepreneurs expose themselves to. You don't work for cost do you? Why the fuck would you expect anybody else to?

What services do these companies offer that our government could provide for less. ?

The government can NEVER provide anything for "less", since with government there is no profit motive and no competition. It just takes whatever it wants by force and isn't held accountable by consumers for the price and quality (aka value) of what it provides.

All an insurance company in health care is, is a middleman who takes our money and pay the doctors and hospitals. Do we really need a very expensive middleman

Ummm... that "expensive middleman" as you call it is insuring against RISK, just like that "expensive middleman" does with your home, he's only "expensive" until your house burns down and they're not really expensive since as I said they operate on incredibly thin margins.

 

[NightFox]

It was bullshit then and it's bullshit now. Liberals are just brainwashed disciples with no ability to process anything.

How is this for "bullseye" son. The government can provide insurance with an overhead of 3%, yet private insurers prior to the ACA were writing off as much as 40% of every premium dollar as "overhead"

Umm..no, the 3% number is a myth since it excludes all the administrative costs that are offloaded to other government agencies like the IRS (which collects all the revenues necessary to run the programs), the HHS which does all the accounting, auditing, fraud investigation, marketing, building and operational costs and in case no one told you government run healthcare programs are TAX EXEMPT which private insurers are not (private insurers actually bear part of the cost to run government health care programs via the taxes they pay).

Lastly and most importantly Medicare subscribers are older and sicker which drives up the denominator used to calculate those bogus overhead figures, the denominator shifts administrative costs into patient care costs making it seem like administrative costs are lower while increasing patient care costs artificially, it's an accounting trick.

It's IMPOSSIBLE for any government agency to be more efficient than a private sector counterpart because lacking the profit motive and competition there is NO incentive for a government agency to be more efficient or provide higher quality products and services. They can simply take whatever resources they deem necessary by force and they have a captive customer base which isn't vulnerable to competitive offerings.

Are you gonna tell us that it costs the government more that the 40% overhead that private insurance companies had been charging

I'm not going to tell you, the numbers are going to tell you and your 40% number is nonsense as you completely ignore the fact that baked into that fictitious number (that only a moron like Maxine Waters would believe) are all the taxes and regulatory burdens IMPOSED BY GOVERNMENT. Health insurance companies and Health Care providers operate on incredibly thin margins to begin with and government just continually squeezes them further by adding completely unnecessary burdens to them, the effect of which is to stunt capital flows, decouple costs from actual consumption and stifle competition.

If you really want to lower health care costs, get rid of all the ridiculous tax and regulatory burdens along with all the government facilitated crony capitalism that stifles competition.

Sorry bub, but one of the provisions of the ACA limited private insurers to 20% overhead, and that has zero to do with taxes. Is this what you call thin margins

Sorry bub but that's one of the STUPIDEST provisions in the ACA since it capped administrative costs that were already in large part a result of a government created regulatory burden and then ADDED to that regulatory burden and I don't know where you get the notion that it has "zero to do with taxes" unless you believe that insurance companies simply print the money to pay those, where do you think the money that private enterprise pays taxes with comes from? Do you think that tax attorneys and accountants work for free?

 

[ClosedCaption]

Trump is not going to be impeached. You lost the election fair and square. Deal with it and stop acting like the spoiled two year old brats you all mentally are. While I'm not thrilled about Trump running the country I sure as hell don't want you childish clowns at the helm either.

Fair and square you say? Now we know different.

 

[edward37]

How is this for "bullseye" son. The government can provide insurance with an overhead of 3%, yet private insurers prior to the ACA were writing off as much as 40% of every premium dollar as "overhead"

Umm..no, the 3% number is a myth since it excludes all the administrative costs that are offloaded to other government agencies like the IRS (which collects all the revenues necessary to run the programs), the HHS which does all the accounting, auditing, fraud investigation, marketing, building and operational costs and in case no one told you government run healthcare programs are TAX EXEMPT which private insurers are not (private insurers actually bear part of the cost to run government health care programs via the taxes they pay).

Lastly and most importantly Medicare subscribers are older and sicker which drives up the denominator used to calculate those bogus overhead figures, the denominator shifts administrative costs into patient care costs making it seem like administrative costs are lower while increasing patient care costs artificially, it's an accounting trick.

It's IMPOSSIBLE for any government agency to be more efficient than a private sector counterpart because lacking the profit motive and competition there is NO incentive for a government agency to be more efficient or provide higher quality products and services. They can simply take whatever resources they deem necessary by force and they have a captive customer base which isn't vulnerable to competitive offerings.

Are you gonna tell us that it costs the government more that the 40% overhead that private insurance companies had been charging

What government insurance providers are there?

you know the answer to that, providers are not needed. Why should any company be in the business of profiting in healthcare

LOL, Why should any company be in the business of profiting on anything? Perhaps the concepts of specialization of labor and voluntary exchange are new ones to you but out here in the real world the prosperity of the entire human race relies on them. If providers weren't needed there would be no market demand for what they are selling.

The reason that Companies are in the business of profiting in healthcare is because consumers want and need their services and are willing to pay for them, that's what profit is, it's the payment for goods and services rendered along with compensation for the risk to capital that entrepreneurs expose themselves to. You don't work for cost do you? Why the fuck would you expect anybody else to?

Yes and who cares if MYLN can raise the price of a drug from $50 to $800?? and all the others ripping off the public Guess you think thats fine and dandy too?

 

[edward37]

Trump is not going to be impeached. You lost the election fair and square. Deal with it and stop acting like the spoiled two year old brats you all mentally are. While I'm not thrilled about Trump running the country I sure as hell don't want you childish clowns at the helm either.

Fair and square you say? Now we know different.

Yes all those trump people talking to Russians were just figuring out who to bet on in the super bowl