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Old 02-03-2011, 04:21 PM
 
Location: Michigan
29,391 posts, read 55,587,071 times
Reputation: 22044

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"I hope to be able to get waivers from Congress and the White House to allow us to do so. At the end of the day, if you are going to provide health care to all of our people in a cost effective way, you have to get rid of the health insurance companies, not profiteering and bureaucracy."

Breitbart.tv » Senator Sanders: Get Rid of Private Insurance Companies
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Old 02-03-2011, 07:43 PM
 
Location: missouri
1,179 posts, read 1,405,323 times
Reputation: 154
Good idea-these companies manufacture nothing and push paper around (I think at just a 15% payout of take in-I am sure someone must know the figures though); that is what the black hole of government should be doing. I saw where a moron, senator I believe, seems to be saying that government will not be paying for the 40,000,000 new customers forced on companies by government! And here I heard that there will be subsidies, and have you noticed your deductibles and out of pocket and such? Who is gonna pay that for people who can't pay for a policy? Well, it just seems as a subsidy for big paper pushing companies to me and we still pay for the poor: maybe sheer volume will bring down medical prices, or perhaps Ike should have warned us of a medical industrial complex.
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Old 02-03-2011, 10:20 PM
 
29,981 posts, read 42,926,416 times
Reputation: 12828
Bernie the Communist failed to point out that the government keeps standing in the way of private health insurers being allowed to compete and thus drive the cost lower. Pesky details that don't serve the agenda of those wanting an all powerful central government.
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Old 02-03-2011, 11:19 PM
 
Location: Victoria, BC.
33,535 posts, read 37,132,711 times
Reputation: 13999
Quote:
Originally Posted by John1960 View Post
"I hope to be able to get waivers from Congress and the White House to allow us to do so. At the end of the day, if you are going to provide health care to all of our people in a cost effective way, you have to get rid of the health insurance companies, not profiteering and bureaucracy."

Breitbart.tv » Senator Sanders: Get Rid of Private Insurance

Companies
He's right, that is the only way health care can cover everyone and be affordable.

The US spent $650 billion on health care administration in 2008. This figure is over five times the estimated $125 billion or so in additional health spending that would be needed to attain truly universal health insurance coverage in this country. One thing Americans do buy with this extra spending is an administrative overhead load that is huge by international standards. The McKinsey team estimated that about 85 percent of this excess administrative overhead can be attributed to the highly complex private health insurance system in the United States.

Why Does U.S. Health Care Cost So Much? (Part II: Indefensible Administrative Costs) - NYTimes.com
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Old 02-03-2011, 11:30 PM
 
570 posts, read 882,400 times
Reputation: 539
Quote:
Originally Posted by sanspeur View Post
The US spent $650 billion on health care administration in 2008.

Yea, you're correct there. Because health care is the MOST REGULATED industry in the US. That is why the administration of health care costs so much. They have to pay and hire lawyers and lawyer and lawyers and experts in law and health care experts who know the law to make sure that they don't break one of the thousands of health care laws on the books.

If government stayed where it belonged.. outside of the private sector, we would not have the high cost problem of today.
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Old 02-03-2011, 11:54 PM
 
26,680 posts, read 28,665,061 times
Reputation: 7943
Quote:
Originally Posted by 1bright_future View Post
If government stayed where it belonged.. outside of the private sector, we would not have the high cost problem of today.
I can't imagine that anyone living in the real world could buy that argument.
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Old 02-04-2011, 12:14 AM
 
Location: Victoria, BC.
33,535 posts, read 37,132,711 times
Reputation: 13999
Quote:
Originally Posted by 1bright_future View Post
Yea, you're correct there. Because health care is the MOST REGULATED industry in the US. That is why the administration of health care costs so much. They have to pay and hire lawyers and lawyer and lawyers and experts in law and health care experts who know the law to make sure that they don't break one of the thousands of health care laws on the books.

If government stayed where it belonged.. outside of the private sector, we would not have the high cost problem of today.
If that were so, then Canadian heath care which is solely government mandated and regulated would cost more than the private insurance in the US...The fact is that administrative costs in Canada are only 1/3 of the cost in the US, so your theory holds no water.

Administration cost are salaries for the fat cats, advertising, and yes lawyers that all insurance companies have to help them deny claims, among many other costs that do not add to actual health care.
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Old 02-04-2011, 12:37 AM
 
2,851 posts, read 3,474,258 times
Reputation: 1200
Quote:
Originally Posted by sanspeur View Post
If that were so, then Canadian heath care which is solely government mandated and regulated would cost more than the private insurance in the US...The fact is that administrative costs in Canada are only 1/3 of the cost in the US, so your theory holds no water.

Administration cost are salaries for the fat cats, advertising, and yes lawyers that all insurance companies have to help them deny claims, among many other costs that do not add to actual health care.
NY had more CT scanners then the entire country of Canada. Sure you want to play compare and contrast?
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Old 02-04-2011, 01:05 AM
 
9,879 posts, read 8,017,267 times
Reputation: 2521
Quote:
Originally Posted by lifelongMOgal View Post
Bernie the Communist failed to point out that the government keeps standing in the way of private health insurers being allowed to compete and thus drive the cost lower. Pesky details that don't serve the agenda of those wanting an all powerful central government.
Compete - LMAO.
Why do you think insurance companies get involved in Medicare Part C Their profits from the government exceeded those of their private profits. They want to be part of the government - thus the insurance mandate.

You know how you drive the cost down - Medicare for ALL.
Get rid of the middle man - it works every time
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Old 02-04-2011, 01:10 AM
 
9,879 posts, read 8,017,267 times
Reputation: 2521
Quote:
Originally Posted by sanspeur View Post
He's right, that is the only way health care can cover everyone and be affordable.

The US spent $650 billion on health care administration in 2008. This figure is over five times the estimated $125 billion or so in additional health spending that would be needed to attain truly universal health insurance coverage in this country. One thing Americans do buy with this extra spending is an administrative overhead load that is huge by international standards. The McKinsey team estimated that about 85 percent of this excess administrative overhead can be attributed to the highly complex private health insurance system in the United States.

Why Does U.S. Health Care Cost So Much? (Part II: Indefensible Administrative Costs) - NYTimes.com
Medicare for All: Home
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