Not directly, no. but having insurance coverage sure doesn't hurt..... I mean, what's the solution, then?
Here's what your single payer healthcare funding would look like.
- Thread starter SlugSlinger
- Start Date
Less government, more free market. Will it take care of everyone? No. Will it be the most efficient at allocating scarce resources? Yes.
It will definitely be efficient in the sense that those who are healthy will receive great care at lower cost…but it’s usually folks who are older or unable to work that need it most…remember before they took away pre existing conditions where having a medical issue could be used as an excuse to refuse coverage? And if you became sick they could drop you…there were also lifetime coverage limits..expensive cancer treatment or medication? Sorry you d hit your 100k lifetime limit and we will no longer cover you. You’re on your own…I mean it goes on and on… there’s a reason there are regulations on healthcare, why Medicaid and Medicare exist…specifically because of the failures of the free market…this isn’t a cell phone plan that you can do without, eventually you will need healthcare…in the old days, sure you could just pay a dr a small fee and he’d give you some opiates or something…but nowadays you need advanced medical equipment, medication and well paid professional drs..are we gonna remove the regulations on dr licensing too? This **** is expensive…
It will be great for the few but a lot of people will slip through the cracks..especially folks with long term conditions like diabetes, multiple sclerosis etc…no more Medicare for you…
Yes, but let’s look at a doc used to making 750k a year. All the sudden the gov says their only going to pay him 350k? He thinks to himself ‘I’m already making that on my hotel and restaurant, sorry but no thanks’
The solution is that the industry would have been regulated properly in the first place. You can't just let capitalism run wild on things that people need - this is a place where the government should have protected the people with REGULATION. The government shouldn't have gotten its fingers in the money and who is paying for who and all of that which just led to runaway costs and the people at large being stuck with the bill. The government should have monitored it and said, this is the maximum cost you can charge for this service. You can't have 800,000% profit on insulin. One trip to the ER or day at the hospital shouldn't cost 10-15K. What was needed was people who govern with integrity and aren't bought and paid for by companies who care about profit over what is right. Biggest mistake the founders made in this country was reelection. There should be no reelection and no lobbying - the result of which we are living now and was inevitable.
1) They are probably not making that from their hotel and restaurant they aren’t around to run. There are far easier ways to make 8% than a restaurant.
2) There is an insane amount of waste just from billing and collecting in the medical industry.
3) Like I said tort reform, much lower malpractice premiums would do wonders for their take home
4) Canada and Europe, why don’t the seem to have these problems keeping medical staff?
To be clear, I’m playing devils advocate. All I know is the current system with everyone taking a big piece of the pie doesn’t work. How much of m6 insurance premiums just go to insurance admin overhead? How much of my bill from x dr go for the same freaking overhead on their end? Until we can see where everything is really going across the board…
Canada headed for nursing shortage ‘beyond anything we’ve ever experienced’: experts | Globalnews.ca
Canada's nurses say they are burnt out and considering leaving the profession as Omicron cases continue to surge across the country, leaving them understaffed and under-resourced.
Also, the docs making that kind of $ are surgeons & specialists. Hospitalists are around 250-300 today. What are you going to cut them to?
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We have that particular problem too though.Canada headed for nursing shortage ‘beyond anything we’ve ever experienced’: experts | Globalnews.ca
Canada's nurses say they are burnt out and considering leaving the profession as Omicron cases continue to surge across the country, leaving them understaffed and under-resourced.globalnews.ca
Simple solution: make anything to do with health care non-profit. This goes for hospitals, drug manufacturers, orthopedic devices, etc. Also, any patents for the medical field can only be held by a manufacturer. This will get rid of patent trolls who jack up the prices. Setup a price plan for medicine so that it can only be a certain percentage higher than manufacturing costs and that percentage is aggregated by how long its been on the market (i.e. the cost for insulin should be no more than 5% over production cost vs a brand new drug could be 15% to pay off the r/d costs). Of course cosmetic surgery would be excluded from this unless its covered under certain medical conditions (i.e. cosmetic surgery to cover scars from say a dog bite).
Capitalism is great when there is competition to keep the prices low. When there is no competition, capitalism fails. When that happens, regulation is needed to protect people from corporate greed. This is simple economics 101. And this is why economics are not a required course for HS anymore.
Capitalism is great when there is competition to keep the prices low. When there is no competition, capitalism fails. When that happens, regulation is needed to protect people from corporate greed. This is simple economics 101. And this is why economics are not a required course for HS anymore.
I bet non profit doesn't quite mean what you think it does. What do you do with these funds you can't give to shareholders? They sure don't tend to "give" it back to patients.
Still, like the thoughts and direction. Can't be worse than what we have...
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