Democrats ultimate objective. To see that all Americans have health coverage. To see than no American family goes bankrupt because of medical bills.
Rightwingnut freakzoids objective. See that Health industry thieves make billions off of keeping 50 million Americans uninsured, and seeing hundreds of thousands of American familys go bankrupt every year, many losing their homes.
See, here is the problem.
Time and again you have been shown to incorrect and untruthful. Here on the board, folks tell you this.
But have no doubt, those meet you in real life say the same behind your back.
Now to correct the record:
0.6% of healthcare spending is profits. That is six tenths of one per cent. For you rocky, that is about half of one percent.
CEO pay for healthcare officials is .005% That is five thousandths of one percent. Have a fourth grader explain what that means.
The major contributors to the Democrat party, the trial lawyers are responsible for skimming off the same amount as the total profits of the industry.
But, to prevent the lawyers from suing, the physicians and insurers ave to order extra medical tests and insurance equal to fifteen time the profits of the entire industry.
Here is the documentation:
While malpractice litigation accounts for only about 0.6 percent of U.S. health care costs, the fear of being sued causes U.S. doctors to order more tests than their Canadian counterparts. So-called defensive medicine increases health care costs by up to 9 percent, Medicare's administrator told Congress in 2005. "
Canada keeps malpractice cost in check - St. Petersburg Times
Now, compare those with these:
"Also, it’s worth noting that while these figures sound like a lot of money — and few would dispute the fact that health insurance company CEOs make healthy salaries — these numbers represent a very small fraction of total health care spending in the U.S. In 2007, national health care expenditures totaled $2.2 trillion. Health insurance profits of nearly $13 billion make up 0.6 percent of that. CEO compensation is a mere 0.005 percent of total spending."
FactCheck.org: Pushing for a Public Plan
The conclusion is that the cost of malpractice suits is equal to the profit of the entire industry.
This may be significant of and by itself, but when we look at the costs of defensive medicine, it alone adds to the costs of healthcare by a factor 15!!!
I hope the above serves as a cautionary note for anyone who might subscribe to words of the shill, Concrete Cranium.