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From | To | Subject | Date/Time | |||
BOB ACKLEY | ALL | Health care |
December 17, 2018 4:31 PM * |
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There are two problems with health care in this country. One is that there isn't (and never has been) enough of it to give everyone what they want. The other problem is that everybody wants the best care available and nobody wants to pay for it. People, particularly those on the political left, complain very loudly about the high cost of health care and blame greedy doctors and corporations. They are, of course, wrong. If one makes a time line beginning in about 1960 and plots the inflation rate and the cost of health care, one will find that health care starts to rise faster than inflation in the late 1960s and rises increasingly steeply until today. What happened? In a word: Medicare. Medicare does not and never has paid the cost of health care for the elderly. At first, providers just billed the patients or their estates for the charges that Medicare didn't pay, so people complained to their congresscrooks and congress made that "balance billing" illegal. So those unpaid charges go into general overhead as bad debt - which they are - and are allocated to everybody else's bills, just as businesses do with loses due to theft, bad checks, etc. Currently, Medicare is paying about twelve percent of the amounts billed to it for patient care (i.e. if the bill is $100, Medicare pays $12). The (probably oversimplified) problem with Obamacare is that if an insuror has to pay out $100 in claims and the premiums and government subsidy cover only $90 of that cost, it isn't going to take long for that insuror to get out of the business - which many if not most have done and more will do. This will leave the government as the sole provider of health insurance in the country - which is what the socialists have wanted all along. Note that if the government controls your health care, it controls you. Then we will have the providers having to spend $100 to provide care for a patient, and being reimbursed $12 by the government health insurance program. Which will quickly drive providers out of business. One cannot be treated at a hospital that's closed. When health care becomes unavailable, or if long waiting times come about, those who can afford to go elsewhere to obtain care will do so; and providers who don't want to work under some bureaucrat's thumb will go elsewhere and provide it there --- Platinum Xpress/Win/WINServer v3.0pr5 * Origin: Fido Since 1991 | QWK by Web | BBS.FIDOSYSOP.ORG (1:123/140) |
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