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if you really want to start controlling medical costs, then start by reducing the number of regulations dealing with health care paperwork in this country. doctors in this country have large staffs just to handle the paperwork the government requires, let alone what the insurance companies require.
Japan has the system we should model, they spend half as much as the US and get better results. Its a combination of public and private entities, but dont expect any changes now, companies in the health care sector love Obamacare, its making them wealthier, and they are spending billion on lobbying politicans and docs to keep it going. Follow the money, and you wont find any motivation to control spending, get used to it. Health care costs have been going up at 8% a year for the last 25 years, about double the rate of inflation, companies like United make billions of dollars of profit for doing nothing but filing paperwork, a process that anyone can learn in a couple weeks, and they just keep 15% of revenues for themselves for providing the paper work service. Its a scam.
And I have friends in Canada who come to the USA for health care. Go figure.
And Americans go to Canada to buy their medicines at a MUCH LOWER PRICE. A recurring monthly set of drugs can be much more costly than two visits a year to the doctor.
And the insurance industry makes billions every year by just doing the paperwork of health care------what a gravy train!!!!!!!!!!
And the hospital CEOs make much more than the doctors and nurses.
The base pay of insurance executives, hospital executives and even hospital administrators often far outstrips doctors’ salaries, according to an analysis performed for The New York Times by Compdata Surveys: $584,000 on average for an insurance chief executive officer, $386,000 for a hospital C.E.O. and $237,000 for a hospital administrator, compared with $306,000 for a surgeon and $185,000 for a general doctor.
Perhaps you could provide a real world example on why you feel this doesn't work - from Canada, not Venezuela?
Doubt it. Bottom line (no matter what irrelevant stuff you want to compare) is that US Healthcare is by far the most expensive in the modern world, and that our objective results (such as life expectancy) are ranked much lower. We pay more to get less with our current system. Period!
I believe that price controls is NOT the answer. I believe that nothing can happen until we stop letting corporate interest own our politicians. Until that happens, it's all just lip service. (I was for single-payer, which was the original ACA plan. What we got was rubbish. Not Obama's fault, not really the GOP's fault, it was never going to be allowed by the corporations who own Washington.)
the outcomes of supply and demand and price controls don't change because the good or service changes.
The governent tried to cap the cost of a gallon of gasoline in the 1970's. The result was lines around the block and massive shortages.
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