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Old 08-29-2020, 02:17 PM
 
885 posts, read 624,546 times
Reputation: 1827

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Major healthcare insurance corporations know that healthcare reform is inevitable no matter who wins the White House, which is why they are already spending millions to lobby both sides of the aisle.


We saw this during the Democratic National Convention when a front group for insurers ran anti-public opinion ads, and during the Republican National Convention when speakers attacked progressive reforms as "socialist" and "anti-American."


I don't expect the onslaught of attacks to stop anytime soon because health insurers are terrified that their bottom line will soon be compromised.


Health insurers have comfortably lined their pockets, but there is no limit to their greed.
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Old 08-29-2020, 02:27 PM
 
Location: Houston
3,163 posts, read 1,725,809 times
Reputation: 2645
Quote:
Originally Posted by Nearwest View Post
Major healthcare insurance corporations know that healthcare reform is inevitable no matter who wins the White House, which is why they are already spending millions to lobby both sides of the aisle.


We saw this during the Democratic National Convention when a front group for insurers ran anti-public opinion ads, and during the Republican National Convention when speakers attacked progressive reforms as "socialist" and "anti-American."


I don't expect the onslaught of attacks to stop anytime soon because health insurers are terrified that their bottom line will soon be compromised.


Health insurers have comfortably lined their pockets, but there is no limit to their greed.
I doubt that we will EVER have a nationalized one-payer system. They completely shut out the Public Option in the last reform that we had. A national health system goes against a capitalist system like ours and draws protests and a shellacking in the next congressional voting years. It's the reason why I changed my vote from Obama to Gary Johnson in 2012. I got stuck on the paying end of the formula.
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Old 08-29-2020, 02:30 PM
 
Location: SoCal
4,169 posts, read 2,142,045 times
Reputation: 2317
There will not be any health care reform unless you mean by US Supreme Court when it declares Obamacare unconstitutional. No we will never heave national health care system as it's unAmerican.
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Old 08-29-2020, 02:40 PM
 
Location: Connecticut
5,104 posts, read 4,833,833 times
Reputation: 3636
Quote:
Originally Posted by Nearwest View Post
Major healthcare insurance corporations know that healthcare reform is inevitable no matter who wins the White House, which is why they are already spending millions to lobby both sides of the aisle.


We saw this during the Democratic National Convention when a front group for insurers ran anti-public opinion ads, and during the Republican National Convention when speakers attacked progressive reforms as "socialist" and "anti-American."


I don't expect the onslaught of attacks to stop anytime soon because health insurers are terrified that their bottom line will soon be compromised.


Health insurers have comfortably lined their pockets, but there is no limit to their greed.



We're not getting any "medicare for all" system even if Biden wins. Biden already said he would veto a "medicare for all" bill if it reached his desk as President. OTOH, Trump may actually make healthcare worse if he gets four more years.


Perhaps we'll see some traction after Biden or Trump Presidencies are over.
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Old 08-29-2020, 02:42 PM
 
Location: Evergreen, Colorado
1,260 posts, read 1,103,007 times
Reputation: 1943
Industrial propaganda is not just limited to election cycles, they go 24/7/365, and they attack on multiple fronts.

They constantly hassle our representatives with lobbyists, bombard us with TV ads disguised as PSA’s and even send their minions out on forums like this to convince us that science is bad, clean coal is good and
pre-existing conditions saves us money.
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Old 08-29-2020, 02:48 PM
 
4,156 posts, read 4,174,225 times
Reputation: 2076
Quote:
Originally Posted by Nearwest View Post
Major healthcare insurance corporations know that healthcare reform is inevitable no matter who wins the White House, which is why they are already spending millions to lobby both sides of the aisle.


We saw this during the Democratic National Convention when a front group for insurers ran anti-public opinion ads, and during the Republican National Convention when speakers attacked progressive reforms as "socialist" and "anti-American."


I don't expect the onslaught of attacks to stop anytime soon because health insurers are terrified that their bottom line will soon be compromised.


Health insurers have comfortably lined their pockets, but there is no limit to their greed.
They are not health insurer. They are 3rd party administrators who happened to play doctor/god and make big profits on their "services". They are the reason why health care is so expensive.

We need to get rid of the HMO or make them like a real insurance company. For example, if I have damage to my home and my contractor said I need XYZ done, the insurance company will pay for the claim less the deductible. However, with HMO, my doctor said I need XYZ services, and the HMO administrators denied the request for services.
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Old 08-29-2020, 02:49 PM
 
Location: SoCal
4,169 posts, read 2,142,045 times
Reputation: 2317
Quote:
Originally Posted by Good Red Road View Post
Industrial propaganda is not just limited to election cycles, they go 24/7/365, and they attack on multiple fronts.

They constantly hassle our representatives with lobbyists, bombard us with TV ads disguised as PSA’s and even send their minions out on forums like this to convince us that science is bad, clean coal is good and
pre-existing conditions saves us money.


That is just a fact that it does save everyone money when there is pre-existing condition in insurance policy. If Joe been paying insurance for the last 15 years and gotten very sick, insurance company will be losing less money as result compare to Jane that never had insurance, gotten very sick as well and just purchased insurance without paying in to it. At the end of the day if insurance company's is losing money, they have no choice but to raise the rates.
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Old 08-29-2020, 02:54 PM
 
9,639 posts, read 6,017,180 times
Reputation: 8567
Quote:
Originally Posted by Hopeful for Life View Post
I doubt that we will EVER have a nationalized one-payer system. They completely shut out the Public Option in the last reform that we had. A national health system goes against a capitalist system like ours and draws protests and a shellacking in the next congressional voting years. It's the reason why I changed my vote from Obama to Gary Johnson in 2012. I got stuck on the paying end of the formula.
How would it go against capitalism?

Capitalism is the economy. Socialism is government policy.

Healthcare kinda falls in the middle.

Isn’t it beneficial that people aren’t declaring bankruptcy over medical debts? Or that they’re stitched up and put back to work as soon as possible?

I don’t see how insurance companies really add to capitalism. They’re not competitive enough (as is the medical industry in general).

Either insurance and medical service needs to be made more competitive, or single payer.

Until them, I’m moving as much business to cash basis as I can. Health insurance costs are insulting. It literally is a tapeworm on our economy
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Old 08-29-2020, 02:58 PM
 
Location: Evergreen, Colorado
1,260 posts, read 1,103,007 times
Reputation: 1943
Quote:
Originally Posted by looker009 View Post
That is just a fact that it does save everyone money when there is pre-existing condition in insurance policy. If Joe been paying insurance for the last 15 years and gotten very sick, insurance company will be losing less money as result compare to Jane that never had insurance, gotten very sick as well and just purchased insurance without paying in to it. At the end of the day if insurance company's is losing money, they have no choice but to raise the rates.
Actually they don’t, reason being is eventually we all get sick and die.
For the most part we pay into insurance 40-50 years of lives and collect very little in return, then when we’re old enough to need it, Insurance companies want the option of reneging from a lifetime of investment with them all while extracting our 401k’s in the process. It’s your money or your life.
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Old 08-29-2020, 03:06 PM
 
Location: the very edge of the continent
89,006 posts, read 44,813,405 times
Reputation: 13709
Quote:
Originally Posted by Nearwest View Post
Major healthcare insurance corporations know that healthcare reform is inevitable no matter who wins the White House, which is why they are already spending millions to lobby both sides of the aisle.


We saw this during the Democratic National Convention when a front group for insurers ran anti-public opinion ads, and during the Republican National Convention when speakers attacked progressive reforms as "socialist" and "anti-American."


I don't expect the onslaught of attacks to stop anytime soon because health insurers are terrified that their bottom line will soon be compromised.


Health insurers have comfortably lined their pockets, but there is no limit to their greed.
You're barking up the wrong tree on why health care is so expensive in the US. The problem isn't the insurance companies.

The health insurance industry has a profit margin of only 3.3%.

https://naic.org/documents/topic_ins...ind_report.pdf

MUCH higher profit margins in the following...

Outpatient Care Centers: 15.9%
Other Health Care Providers' Offices: 14.2%
Pharmaceutical Industry: 13.8%
Physician's Offices: 11.5%
Medical and Diagnostic Laboratories: 11.1%

https://jamanetwork.com/journals/jam...stract/2762308

https://www.inc.com/jeff-haden/the-1...profitabl.html

And just for fun, compare the above profit margins to those of some well-known corporations...

Much-maligned Walmart's profit margin is only 4.70%
https://ycharts.com/companies/WMT/profit_margin

Meanwhile, Apple's and Google's (including Android products and spinoff services) profit margins are:

Apple (iPhone, iPad, Mac computers, etc.): 18.85%
https://ycharts.com/companies/AAPL/profit_margin

Google (Alphabet): 18.17%
https://ycharts.com/companies/GOOG/profit_margin
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