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Old 05-18-2009, 09:25 AM
 
943 posts, read 2,875,151 times
Reputation: 709

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The health care industry has a plan to cut 2 Trillion in costs for medical care. Sounds good in theory but how will it be done?

Insurers offer Obama $2 trillion in healthcare cost savings | csmonitor.com

They say that they will just be more efficent. That sounds good but if this was possible why wasn't this done in the past before the trillions were already spent?

I suspect instead we will have to:

Lower payments to doctors
Longer waits for Service (like Canada)
Fire most of the Administrators
No expensive procedures for the old and dying?
Let the dying die?
No Services for the uninsured?
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Old 05-18-2009, 09:27 AM
 
Location: By the sea, by the sea, by the beautiful sea
61,763 posts, read 44,520,831 times
Reputation: 33179
Quote:
Originally Posted by Weekend Traveler View Post
The health care industry has a plan to cut 2 Trillion in costs for medical care. Sounds good in theory but how will it be done?

Insurers offer Obama $2 trillion in healthcare cost savings | csmonitor.com

Lower payments to doctors
Longer waits for Service (like Canada)
Fire most of the Administrators
No expensive procedures for the old and dying?
Let the dying die?
No Services for the uninsured?
Well, hospitals could start by not charging the uninsured on average more than three times what they charge insurance companies for the same services.
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Old 05-18-2009, 09:30 AM
 
943 posts, read 2,875,151 times
Reputation: 709
Quote:
Originally Posted by burdell View Post
Well, hospitals could start by not charging the uninsured on average more than three times what they charge insurance companies for the same services.
That is how they make money. It is similar to charging a higher interest rate to people who have poor credit or higher costs at inner city stores to pay for the shoplifting.
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Old 05-18-2009, 09:35 AM
 
Location: Rockland County New York
2,984 posts, read 5,398,869 times
Reputation: 1295
Fire most of the Administrators


I thought health care was going to be an expanding industry for labor? More lies and broken promises made to the working class.
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Old 05-18-2009, 09:39 AM
 
943 posts, read 2,875,151 times
Reputation: 709
Quote:
Originally Posted by Stac2007 View Post
Fire most of the Administrators


I thought health care was going to be an expanding industry for labor? More lies and broken promises made to the working class.
People are always saying this regardless of the industry. Fire the school administrators, fire the bureaucrats, fire the overhead workers. So naive! Organizations need people who organize, administrator programs, deal with paperwork, make sure the customers are taken care of, answer questions, etc. Not everyone can be a doctor, or a nurse and not everyone in education can be a teacher.
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Old 05-18-2009, 09:40 AM
 
519 posts, read 629,013 times
Reputation: 153
Very simple:

- Artificially cut costs now to lure the government into rubberstamping Universial Health Care - provided by the private healthcare industry
- Raise rates/costs after the official congressional approval and say "Oops - we had an Excel error" and proceed to tell us it costs more than projected
- Stick taxpayers with the increased "costs". As with all other entitlement programs, government will be forced into submission.
- We pay taxes on this cozy relationship for the rest of eternity

I see nothing complicated about it.
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Old 05-18-2009, 09:41 AM
 
Location: Virginia Beach
7,450 posts, read 6,088,675 times
Reputation: 2173
Quote:
Originally Posted by Weekend Traveler View Post
The health care industry has a plan to cut 2 Trillion in costs for medical care. Sounds good in theory but how will it be done?

Insurers offer Obama $2 trillion in healthcare cost savings | csmonitor.com

They say that they will just be more efficent. That sounds good but if this was possible why wasn't this done in the past before the trillions were already spent?

I suspect instead we will have to:

Lower payments to doctors
Longer waits for Service (like Canada)
Fire most of the Administrators
No expensive procedures for the old and dying?
Let the dying die?
No Services for the uninsured?
To be honest, I'd rather wait longer in lines to get medical care than my current insurance plan: Hope that it's something catastrophic so AFLAC can cover it.

As for "let the dying die", if they're truly dying, and there is no hope for recovery, then why shouldn't we?
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Old 05-18-2009, 10:28 AM
Status: "Autumn!" (set 8 days ago)
 
Location: Foot of the Rockies
90,097 posts, read 108,041,683 times
Reputation: 35718
Quote:
Originally Posted by Weekend Traveler View Post
That is how they make money. It is similar to charging a higher interest rate to people who have poor credit or higher costs at inner city stores to pay for the shoplifting.
Most hospitals are non-profit. I agree that the different charges are ridiculous, but they are doing that to pay for uncompensated care. If everyone had insurance, there would be less uncompensated care.
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Old 05-18-2009, 12:11 PM
 
Location: Pennsylvania, USA
5,217 posts, read 4,466,269 times
Reputation: 908
Quote:
Originally Posted by Weekend Traveler View Post
The health care industry has a plan to cut 2 Trillion in costs for medical care. Sounds good in theory but how will it be done?

Insurers offer Obama $2 trillion in healthcare cost savings | csmonitor.com

They say that they will just be more efficent. That sounds good but if this was possible why wasn't this done in the past before the trillions were already spent?

I suspect instead we will have to:

Lower payments to doctors
Longer waits for Service (like Canada)
Fire most of the Administrators
No expensive procedures for the old and dying?
Let the dying die?
No Services for the uninsured?
ONe very good way is to cut the CEO's of the health insurance companies salaries and bonuses.. some of them make like $12 - $14Million a year. Is that REALLY REALLY neccesary??

Electronic Medicar Records.. also very cost saving. More mainstreamed and less paperwork heavy claims paying proccess..

Here's a big one.. THEY CAN LOBBY TO MAKE INSURANCE MANDATORY!! The insurance industry wants this and I'm actually in agreement.
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Old 05-18-2009, 12:57 PM
 
Location: Jewel Lake (Sagle) Idaho
33,034 posts, read 20,169,702 times
Reputation: 19816
Quote:
Originally Posted by burdell View Post
Well, hospitals could start by not charging the uninsured on average more than three times what they charge insurance companies for the same services.
The major problem is that government health programs (medicare and medicaid) payments do not cover the costs of the procedures/treatments provided, and that public hospitals are can not refuse treatment. As such, those that pay for services are forced to pay more than the cost of service to recover these costs from those that don't/underpay. Insurance companies have the negotiating power to at least get away with paying a fair rate for service.
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