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- 1. Carrie Underwood Live at Ed Sullivan VIP Event
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Carrie Underwood Live at Ed Sullivan VIP Event
WTF: One Hospital Charges $8k...Another $38k?
Thom Hartmann argues the for-profit Reaganomics healthcare system forces millions of Americans to chose between life-saving procedures or a life of poverty.
User Comments
xxcrysad3000xx
commented
on 09 May 2013
This is something conservatives have been railing on about for decades,
consumers are shielded from the cost of the procedures they elect to have,
the pricetags are arbitrary in the extreme, and noone has any incentive to
economize on their care because they believe themselves entitled to the
best. The distortions are caused by the kinds of cost sharing that Medicare
and employer group plans that leverage lower premiums, leaving people on
the private market to pay absurd prices or go uninsured.
xxcrysad3000xx
commented
on 09 May 2013
Blaming the for-profit motive of hospitals and doctors is nonsense too.
"For fun, let’s imagine confiscating all the profits of all the famously
greedy health-insurance companies. That would pay for four days of health
care for all Americans. Let’s add in the profits of the 10 biggest
rapacious U.S. drug companies. Another 7 days. Indeed, confiscating all the
profits of all American companies, in every industry, wouldn’t cover even
five months of our health-care expenses." David Goldhill
xxcrysad3000xx
commented
on 07 Jun 2013
That is not the argument either I or Goldhhill was making in his piece, the
argument is this: you can literally confiscate all of the profits of these
so-called greedy insurance providers and it would not put a dent in our
health care costs. Medicaid and Medicare cost $414b and $554b respectively
in 2011--for the cost of just these two programs you could send the bottom
half of the income distribution, every man, woman, child and elderly a
$6000 check with which to buy private insurance.
xxcrysad3000xx
commented
on 07 Jun 2013
Yes health insurance is a $1.2 trillion industry but that represents less
than half of the $2.6T we spend on health care every single year. Federal
and state programs and out-of-pocket expenditures account for the rest. So
the problem isn't rapacious insurers putting profits over people, its just
the opposite: health insurers rank 86th in terms of profitability, their
profits a meager 3.3% of total revenue. The problem is cost, and you can
buy a damn good plan for $6000.
xxcrysad3000xx
commented
on 10 May 2013
All that means is that their operating costs have to be under 20% of the
revenue they take in from premiums. It doesn't say anything about profits,
the profit margins of insurance companies are relatively small, and they're
an infinitesimal fraction of what we spend on health care each year. Lack
of price transparency is a driver of soaring insurance costs, and that is
why millions of Americans have to choose between life-saving procedures or
a life in poverty.
Ekkie101
commented
on 10 May 2013
My younger brother died due to complications of diabetes because he
couldn't afford his medication and was apparently uncomfortable with asking
me or my other brother for help. America's for-profit health insurance
system is barbaric. Fraud, abuse and profiteering are built into our
system. It's long overdue for the U.S. to change this unfair, outdated
system.
irrefudiate
commented
on 10 May 2013
No, it's not nonsense. The medical insurers had to be forced by the
President to contribute at least 80% of your premium to your healthcare.
Your Goldhill argument is, however, nonsense. It's the same nonsensical
argument for not raising taxes on the wealthy. Republicans raise these
arguments as if they believe the rubes and yokels will fall for it.
irrefudiate
commented
on 10 May 2013
Reagan's "New Morning in America" was simple, just sell/give all the
commons to corporations, outlaw labor unions, and cut taxes. Voila! In many
civilized countries, medical care is a right. And, in all other civilized
countries medical care costs half of what it does in America. You don't
have to take a trip around the world to find this out.
biggydx
commented
on 09 May 2013
I saw some of the figures for my state. My local hospital of Kent Gen.
charges ~$40,000 for Major Small & Large Bowel procedures. 30 miles the
Nanticoke Memorial Hospital only charges ~20,000. 10 miles away from that
at the Beebe Medical center its ~$16,000. This is absolutely ridiculous.
xadam2dudex
commented
on 09 May 2013
this means all the hospitals will get together and tell the hospitals that
charge less to jack up their prices so that within a yr at the max they
will all charge the same price
Premier Rik Latyeskov
commented
on 09 May 2013
This is another example of failed Reaganomics, unfortunately my own twin
brother loves Reagan. You can already guess who's side I'm on, Thom, and
that's your side.
stillbreathing37
commented
on 09 May 2013
I just got charged 300 dollars for laying on a cot for 20 minutes without a
nurse even seeing me.These bastards are thieves no matter how you look at
it.
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