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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."
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.
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.
"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."
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.
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.
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.
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?
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
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.
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