C-south
Well-Known Member
- Joined
- Sep 15, 2018
- Messages
- 29,829
- Likes
- 52,551
Wait a minute You are going to make a government program BIGGER, and that will SAVE on administrative costs?He's right.
The only thing I've heard mentioned so far that is not totally out of the question is "Medicare for all." Mind you, I don't think it will pass all at once. But it makes sense to gradually expand the groups that participate and pay for it along the way with Medicare taxes to self-sustain.
The cost to fund it for all would be approximately $3 trillion/year. Currently, we spend $1.5 trillion on premiums, and the savings from administrative costs alone would be over $1 trillion. So we can come close just in nixing premiums and cost savings.
And that means no uninsured problem and no deductibles or copays. So there would be substantial savings there, as well.
I don't expect this to happen any time soon. The companies making a TON of money off the current system will fight it and portray it with so much negativity that it just can't pass. But slowly expanding it would. So that's the way to go.
Wait a minute You are going to make a government program BIGGER, and that will SAVE on administrative costs?
![]()
Do some research. Administrative costs in the Medicare program are about 3 percent. For private health insurers it is several times that. Additionally, the government can get even better rates on pharmacy costs.
They can't even manage the website to register. What private company would spend what the Obama admin did for healthcare.gov?The government has never managed to manage the economy of scale thing. Bigger program = more people = more layers = more inefficiency and less accountability because that's just the way bureaucracies roll. Why did Medicare never negotiate drug costs like normal insurors did?
Do some research. Administrative costs in the Medicare program are about 3 percent. For private health insurers it is several times that. Additionally, the government can get even better rates on pharmacy costs.
Translation: we will raise your Medicare Insurance that you aren't supposed to "dip" into until 65 to a level that will be basically 3x what you are paying in health insurance and medicare combined. THEN, we are going to give this same care to everyone so that 1) your access to healthcare will be decreased because there will be way more people going to the doctor and the doctors are already quitting, or 2) your access to healthcare will be decreased because the doctors are already quitting.He's right.
The only thing I've heard mentioned so far that is not totally out of the question is "Medicare for all." Mind you, I don't think it will pass all at once. But it makes sense to gradually expand the groups that participate and pay for it along the way with Medicare taxes to self-sustain.
The cost to fund it for all would be approximately $3 trillion/year. Currently, we spend $1.5 trillion on premiums, and the savings from administrative costs alone would be over $1 trillion. So we can come close just in nixing premiums and cost savings.
And that means no uninsured problem and no deductibles or copays. So there would be substantial savings there, as well.
I don't expect this to happen any time soon. The companies making a TON of money off the current system will fight it and portray it with so much negativity that it just can't pass. But slowly expanding it would. So that's the way to go.
You cannot use empirical data from a system that isn't in stasis. As soon as you change access, the data goes in the s**tter.Do some research. Administrative costs in the Medicare program are about 3 percent. For private health insurers it is several times that. Additionally, the government can get even better rates on pharmacy costs.
I heard on the radio this morning that almost 50% of our current doctors in the country are thinking of quitting. The ACA is running them out of business. Go full blown under gov control and we won’t have any doctors left
He's right.
The only thing I've heard mentioned so far that is not totally out of the question is "Medicare for all." Mind you, I don't think it will pass all at once. But it makes sense to gradually expand the groups that participate and pay for it along the way with Medicare taxes to self-sustain.
The cost to fund it for all would be approximately $3 trillion/year. Currently, we spend $1.5 trillion on premiums, and the savings from administrative costs alone would be over $1 trillion. So we can come close just in nixing premiums and cost savings.
And that means no uninsured problem and no deductibles or copays. So there would be substantial savings there, as well.
I don't expect this to happen any time soon. The companies making a TON of money off the current system will fight it and portray it with so much negativity that it just can't pass. But slowly expanding it would. So that's the way to go.
dude, it got worse with ACA which removed players from the field.Well that's just a lie. It isn't the ACA that is causing these problems. A lot of it is the expense and labor that goes into billing and getting paid by a half a dozen insurance companies, that use their own coding, and cause massive headaches.
Single payor would eliminate that and billing would be uniform in coding DRGs.
Wrong.Well that's just a lie. It isn't the ACA that is causing these problems. A lot of it is the expense and labor that goes into billing and getting paid by a half a dozen insurance companies, that use their own coding, and cause massive headaches.
Single payor would eliminate that and billing would be uniform in coding DRGs.
Well that's just a lie. It isn't the ACA that is causing these problems. A lot of it is the expense and labor that goes into billing and getting paid by a half a dozen insurance companies, that use their own coding, and cause massive headaches.
Single payor would eliminate that and billing would be uniform in coding DRGs.
You are ****ing full of ****.Well that's just a lie. It isn't the ACA that is causing these problems. A lot of it is the expense and labor that goes into billing and getting paid by a half a dozen insurance companies, that use their own coding, and cause massive headaches.
Single payor would eliminate that and billing would be uniform in coding DRGs.