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Author Topic: Corporate Profits over Patient in the Health Care Field  (Read 9311 times)

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AGelbert

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Agelbert NOTE: This JonSellers witty sarcasm accurately communicates the American "Health" Insurance Situation.

Quote
JonSellers

I, for one, am happy to pay any amount demanded by our health insurance companies. The sacrifices these people go through in order to negotiate prices with doctors and hospitals is almost beyond comprehension. Not to mention the hours our great actuaries spend determining prices to charge. And don't get me started on the efforts of the humble bill checkers who have to scan so many doctor's bills for possible errors.

And think of the shareholders! Imagine the Galt-like heroes, every day risking their capital on us unscrupulous, sick know-nothings. Thank God that they have been rewarded for their wild risk-taking. Why I know one fellow who inherited a measly $200 million from his Dad and had the guts to invest $20 million in Aetna! He could of lost a few million dollars! What would he have done? Just go without the second yacht? Like an animal?

We have the greatest health-care system in the world. Canadians have to wait decades just to buy an aspirin. When we can get one same day for just $300 at the emergency room! Some of you Commie, liberal, Socialists may want to pay less, but for me, give me my liberty to work until I'm 67 so I can pay our insurance companies all that they're worth! I'm with Mish!

Mish is a Libertarian 👎 who, though able to add and subtract quite well, cannot bring himself to do the U.S. health care reality based math, which every other advanced industrialized country has done, proving that single payer is the best option for BOTH controlling costs and providing the highest quality health care.

Mish is a study in ideological blindness. He exposes the government corruption that produces artificially low inflation numbers and out of control health care costs, but totally fails to connect said calculated defrauding of the poor and middle class with those (i.e. Capitalist oligarchs running the Federal Reserve and Wall Street for the benefit of said greedballs) actually responsible for this U.S. Government corruption.

All that said, Mish is not totally out to ideological lunch. He does admit that soaring health care costs may very well give Bernie Sanders, a person Mish is totally at policy odds with, the 2020 Presidential election. The second comment below explains why that is a real possibility, since Sanders is the only Presidential candidate pushing for unrestricted Medicare-4-ALL.    

Quote
Realist 👍

Yep. Health care, currently 18% of US GDP, heading toward 25%.

Compared to “single payer” systems in much of the developed world which cost 8-11% of GDP, and cover everyone.

I know I keep repeating myself whenever Mish brings this up, but the US will eventually arrive at a single payer system at some point in the distant future. But not before they try everything else possible first. And not until the costs begin to approach 25% of GDP.

Associated post:

Rob not the poor, because he is poor: neither oppress the afflicted in the gate:
For the Lord will plead their cause, and spoil the soul of those that spoiled them. Pr. 22:22-23

 

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