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Depending on whom you believe, health care spending in the USA is 15% to 25% of all economic activity. Now what happens if we “cut” one third of that spending? Yes, in the near term we reduce GDP by 5% to 10% — instant recession. Perhaps this is the reason no politician wants to take that leap and “fix” health care, it’s political suicide.
Yes, so basically the same situation as it is now. Any part of the insurance premium currently covered by the employer is part of the total compensation.
Yeah, I wonder about the same. Anybody with a "half a brain" would know that HC is regulated in all other developed countries.
Really? Compare OTC meds elsewhere and the fact that they can only be obtained with a prescription here in the US. That's just the beginning.
For example, I order my contact lenses from the UK (where they're made, incidentally) for half what I'd pay here in the US. No prescription required, so I save on the cost of an eye doctor exam, as well.
Really? Compare OTC meds elsewhere and the fact that they can only be obtained with a prescription here in the US. That's just the beginning.
For example, I order my contact lenses from the UK (where they're made, incidentally) for half what I'd pay here in the US. No prescription required, so I save on the cost of an eye doctor exam, as well.
Yes, really. Google npr bill of the month. Let me know where in the rest of the world anything like this can happen. Take the examples of charging 59x the Medicare allowance for dialysis, or 50k for an allergy test, etc. etc.
You need to distinguish between regulation that's done on behalf of big pharma, or hospitals, etc., and regulation that's done to actually lower the costs. Allowing federal government to negotiate prices, tight control on insurance companies premiums, hospitals, etc. would be examples of the latter.
Depending on whom you believe, health care spending in the USA is 15% to 25% of all economic activity. Now what happens if we “cut†one third of that spending? Yes, in the near term we reduce GDP by 5% to 10% — instant recession. Perhaps this is the reason no politician wants to take that leap and “fix†health care, it’s political suicide.
Imagine that, HC being part of local jobs, productivity and GDP in an advanced service oriented society! GDP for the very most part local and unable to off shore.
Yes, really. Google npr bill of the month. Let me know where in the rest of the world anything like this can happen. Take the examples of charging 59x the Medicare allowance for dialysis, or 50k for an allergy test, etc. etc.
You need to distinguish between regulation that's done on behalf of big pharma, or hospitals, etc., and regulation that's done to actually lower the costs. Allowing federal government to negotiate prices, tight control on insurance companies premiums, hospitals, etc. would be examples of the latter.
The Fed gov IS in control and it would cost me twice as much plus a doctor's office visit to get the same thing I can get OTC from the UK. Why? Death grip US regulations and controls. Obamacare did NOTHING to change that.
Strange.. because if it where run like any of the 30+ other 1st world countries run theirs, it would cost 20-25 Trillion over 10 years.
Must be those Republicans doing everything they can to drive costs up!!
Insurance and Pharma are terrified of loosing their cash cow... so expect their lobbying budgets to triple or quadruple in the next years!!
Can you not read either? Half (45%) of America pays no income tax.
10, 15, 30, 40 trillion dollars—the half of Americans that actually pays income taxes would get stuck with the bill.
These other socialist havens you speak of have wayyy more than 55% paying taxes and contributing to those societies. They also don’t have 330MM to cover.
My argument is we dont have a free market in health care, we have state regulated crony system that is tightly regulated. Do you disagree?
that begs the question. It doesn't matter if the government regulates healthcare or insurance companies do, it is not a free market, and it will never be a free market:
Quote:
The medical industry exists almost entirely to serve people who have been rendered incapable of representing their own interests in an adversarial transaction. When I need health services I often need them in a way that is quite different from my desire for a good quality television or a fine automobile. As I lie unconscious under a bus, I am in no position to shop for the best provider of ambulance services at the most reasonable price. All personal volition is lost. Whatever happens next, it will not be a market transaction. https://www.forbes.com/sites/chrisla.../#4f0eb3781147
It's sort of like if you were to accidentally park in a no parking zone and your car was towed. You had no choice over who towed it or what it will cost to get it out of impound. It happened when you weren't present hence you had no way to influence the outcome of the transaction. Likewise, if you have a heart attack, you can't do a google search and look for discount emergency rooms, you will at least initially receive care where the ambulance takes you.
I'm not sure why that is hard for you to understand?
Can you not read either? Half (45%) of America pays no income tax.
10, 15, 30, 40 trillion dollars—the half of Americans that actually pays income taxes would get stuck with the bill.
These other socialist havens you speak of have wayyy more than 55% paying taxes and contributing to those societies. They also don’t have 330MM to cover.
Not sure if you follow... Employers would still have to pay taxes. Like they do today. And even if a employe is not earning enough to pay taxes.. their employer are taxed for them. Its not falling 100% on the employee like you falsely claim.
And if its THAT hard to understand that 30+ other countries with 600 million people, manages operate their heal care system at half the cost compared to the US... But you won't belive a US system would do the same.
You refuse to belive that America can actually do something positive.
Its NO NO NO.. we can't do what 600 million other people benefit from. We are losers who can't save money and be more efficient.
Numbers of people in a country has NOTHING TO DO WITH IT!!! Just add up those 30+ countries and call them US states... they have twice as many people then the US. And they manage to do the same thing and only paying 50-60% of what the current US system does. Better or equal care..imagine that. IT works.
Are you actually trying to fool anybody into believing that the US would just F it up.. and start spending 50% more instead of saving 50% like 30+ other countries do.
Mind boggling...
Last edited by Northman83; 09-01-2019 at 03:37 PM..
Can you not read either? Half (45%) of America pays no income tax.
10, 15, 30, 40 trillion dollars—the half of Americans that actually pays income taxes would get stuck with the bill.
These other socialist havens you speak of have wayyy more than 55% paying taxes and contributing to those societies. They also don’t have 330MM to cover.
And 85% pay payroll taxes. What's your point?
And to your point about size discrepancies between countries... Would you ever think to use that argument to dismiss a private corporation being able to scale up?
Should we start thinking Spotify is not viable for America bc it's the same model it used in Sweden?
Should we start shuttering Ikea stores bc they started in a much smaller market and they won't be able to figure out how to expand their product to cover America?
No bc that argument doesn't make any sense in any regard except when people what to talk about healthcare.
My jaw literally dropped when I saw that amount. That's almost a thousand dollars a month.
Did you think it was gonna be free?
People who know have been saying for years it's gonna cost a helluva lot more than $10,000.
Quote:
Originally Posted by Mister 7
He defends it by saying a family that pays $20,000 a year for health insurance and care would be saving money.
Gotta love Liberals.
They lie so much they start believing their own lies they tell.
It's true that the average cost is ~$20,000/year, but that's not what workers pay. Employers pay 50% to 80% of the cost, depending on your employer and your benefit package, because even when people have the same employer, they pay different amounts. The rank and file have their benefit package, mid-level management has theirs, upper level management has theirs and so on.
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