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They just spent that cash on new rims for their truckI don't understand why a person wouldn't be able to pay cash and then submit a claim form to their insurance
They just spent that cash on new rims for their truckI don't understand why a person wouldn't be able to pay cash and then submit a claim form to their insurance
This is the sort of rhetoric that is true, but won't get you anywhere. Yup, you'll see patients complain about a hospital bill for $1000 while flashing around a $500 purse, a $1500 cell phone, 20 tattoos, a $300/month smoking habit, and a new luxury car. However, there are just as many patients destroyed by medical bills who really never had a chance to save anyway and live fairly reasonably. While an incredible amount of this is just irresponsibility and people choosing to spend their money on luxuries and vices instead of health, an equally large part of it is that the system is broken.They just spent that cash on new rims for their truck
Well yeah we know both types and those in between exist but in general americans have poor habits and are awful at managing their money. its funny now foreigners come here and do better than americans who have had everything handed to them. such a joke. I am not a republican but I find the lack of personal responsibility rheteric of the left to be disheartening and honestly contradictory to most university sponsored studies of success. I don't argue that there arent privileged vs not privileged people but throwing away personal responsibility for a safety net is not always the answer.This is the sort of rhetoric that is true, but won't get you anywhere. Yup, you'll see patients complain about a hospital bill for $1000 while flashing around a $500 purse, a $1500 cell phone, 20 tattoos, a $300/month smoking habit, and a new luxury car. However, there are just as many patients destroyed by medical bills who really never had a chance to save anyway and live fairly reasonably. While an incredible amount of this is just irresponsibility and people choosing to spend their money on luxuries and vices instead of health, an equally large part of it is that the system is broken.
I just don't believe that M4A will actually fix it. M4A attacks the easy targets: insurance companies, healthcare workers, and pharma. It completely fails to address the much larger structural issue of corporate medicine, and it fails to demonstrate increased access to care.
I would expect a large diminishment in healthcare discoveries by dong this. Could you imagine kicking private equity out of microprocessors, automotive industry, and/or the software industry?Kick private equity out of healthcare immediately
I would expect a large diminishment in healthcare discoveries by dong this. Could you imagine kicking private equity out of microprocessors, automotive industry, and/or the software industry?
How is it unique, (not disagreeing) but I feel if we make the orange not worth the squeeze we will loose a lot of brainpower.No but healthcare is unique. Increase NIH funding by 500%
How is it unique, (not disagreeing) but I feel if we make the orange not worth the squeeze we will loose a lot of brainpower
I cant say yes to something that completely removes a competitive market and gives all the power to a government entity. History shows it does not work. If history says it works I would agree with you but it does not. Not saying government does not have its part but capitalism, while flawed, is the best thing we have at this time. The properly regulated free market has produced more good (even counting for its atrocities) than any government monopoly. Maybe one day this will change but as per history I am keeping my capitalism cards on the table.NIH funding needs to be higher and far more efficient to cover the costs of banning private equity. You can't put a profit on a basic good such as health.
I cant say yes to something that completely removes a competitive market and gives all the power to a government entity. History shows it does not work. If history says it works I would agree with you but it does not. Not saying government does not have its part but capitalism, while flawed, is the best thing we have at this time. The properly regulated free market has produced more good (even counting for its atrocities) than any government monopoly. Maybe one day this will change but as per history I am keeping my capitalism cards on the table.
Good ideas aren't free. private investing is a cornerstone of capitalism. I understand your sentiment that getting profit out of saving lives sounds good on the surface but it is a gross oversimplification.. sadly one that even educated people have bought into.Private equity is a threat to capitalism
Investing yes but private equity buys small businesses and sells them to megacorporations, ruining free marketGood ideas aren't free. private investing is a cornerstone of capitalism
I think what you are trying to say is to place laws into place that prohibit anti-competitive practices?Investing yes but private equity buys small businesses and sells them to megacorporations, ruining free market
I think what you are trying to say is to place laws into place that prohibit anti-competitive practices?
Its just a bunch of money trying to make more money, I wouldnt quite call it anticapitalist at its core. Where to draw the line in the sand is the difficulty part, but I will say its not at zero.Right but i'm going further to say private equity is fundamentally anticapitalist at its core. They have billions of dollars of resources to destroy and repair anything they see fit. That's a huge huge problem for healthcare especially private practice
I would argue government monopolizing an industry is a threat to capitalism and the field that it is taking overPrivate equity is a threat to capitalism
I would argue government monopolizing an industry is a threat to capitalism and the field that it is taking over
And current regulations set in place by the government have taken small private practice joints to the cleaner as large corporate medicine is taking overInvesting yes but private equity buys small businesses and sells them to megacorporations, ruining free market
And current regulations set in place by the government have taken small private practice joints to the cleaner as large corporate medicine is taking over
I know next to nothing about the NIH, but I googled doc salaries in the uk and google shows me 80-100k. If you told pre-meds/med students/residents "hey here is your salary for giving up your prime years to spend in the library and in the hospital, oh and here's 300k of debt", you would see an insane brain drain that would strain our system deeply.NIH funding needs to be higher and far more efficient to cover the costs of banning private equity. You can't put a profit on a basic good such as health.
fair point, just look at the nursing lobbyistsThat's because private equity captured the government
>see lobbying, revolving door etc
I know next to nothing about the NIH, but I googled doc salaries in the uk and google shows me 80-100k. If you told pre-meds/med students/residents "hey here is your salary for giving up your prime years to spend in the library and in the hospital, oh and here's 300k of debt", you would see an insane brain drain that would strain our system deeply.
Yeah but why do we want to give more power to the government allowing lobbying. if we get rid of PE something else will capture the government. and like the poster above said the government has really killed small practices more than anything else with ridiculous requirements and allowing large corps to get reimbursed more for the same services provided by the little guys. So I really don’t want to hand over more cash to small practice killers (government)That's because private equity captured the government
>see lobbying, revolving door etc
Imagine I ask the support of this question:
"Would you favor or support a health plan that is described as follows:
20% of your pay in premiums, after which you pay the first $5000 every single year
You cannot choose any doctor you want
medical bankruptcy will be the #1 cause of bankruptcy
insurance bureaucrats will decide if you can get a particular procedure
if you lose your job, you lose your healthcare (or you can pay out the nose with your new lack of income)
you can be denied coverage for any reason"
This is pretty close to our current health system - and I bet you it would be a pretty unpopular choice if we were starting today. It's not fair to compare questions decribing single payer boogeymen if you don't do the same with other systems.
I would expect a large diminishment in healthcare discoveries by dong this. Could you imagine kicking private equity out of microprocessors, automotive industry, and/or the software industry?
I know next to nothing about the NIH, but I googled doc salaries in the uk and google shows me 80-100k. If you told pre-meds/med students/residents "hey here is your salary for giving up your prime years to spend in the library and in the hospital, oh and here's 300k of debt", you would see an insane brain drain that would strain our system deeply.
Our two POV aren’t mutually exclusive.I don’t get the point of having the latest medication for left renal cell carcinoma, with tumor marker Kappa, in pts over 65, born in Kansas, and never visited NY, when you have kids (and adults) literally dying due to lack of the most basic meds.
MediCAID for all, you can buy up to MediCARE or private insurance.Our two POV aren’t mutually exclusive.
the only type of universal healthcare I would maybe be for would be basic super cheap stuff for everyone and the people who can afford can get more expensive care. Where to draw the line I don’t know. Everyone can’t have Lexus care.
Maybe free care up to age 21 or so but adults need to have some skin in the game. And Americans are financial irresponsible so see my above and others above posts for ideas on that.
Yep. Super basic. Generic only except in RARE needs. Primary care focus. If you keep doing stupid stuff and aren’t compliant you can lose it. Etc. Heavy midlevel use to save moneyMediCAID for all, you can buy up to MediCARE or private insurance.
What is cheaper exactly ?? please specify. People say it’s cheaper but always leave out the burden on tax payers. Every country with socialized medicine has the issue of rationing of care. Which is OK as long as it’s very basic, not a huge burden on those who make good $$$, and those with money can purchase private insurance. Socialized medicine is not the world I want to live in sorry.Can you explain what is unsustainable @TwistedTea ? And please don’t say price because the whole point is that it’s cheaper and any honest analysis admits that.
We don’t have wait times compared to other places. When people don’t have some skin in the game abuse happens. I am ok rationing by money because let’s be honest it happens in every country with socialized medicine. We need fixes in our healthcare system but broad stroke free everything is never the answer. and there are many on SDN who agree with this.What do you think is the burden on tax payers for this plan? What is it compared to what your average (30k salary) person pays in premiums right now much less including the deductible?
if your argument is that allowing everyone to get care = rationing and wait times, and you’re saying we DONT have wait times now, aren’t you saying that not everyone is able to get care? So you’re ok with rationing by money but not need.
I don’t doubt that a person posting on SDN is someone who doesn’t see the benefits of socialized medicine
We don’t have wait times compared to other places. When people don’t have some skin in the game abuse happens. I am ok rationing by money because let’s be honest it happens in every country with socialized medicine. We need fixes in our healthcare system but broad stroke free everything is never the answer. and there are many on SDN who agree with this.
Of course the devils in the details of whichever action the new administration takes and I hope whatever they do is reasonable. Removing capitalism as a whole from healthcare is not the answer to healthcare nor has it ever been in the past.
Skin in the game just means roadblocks and deterrents to abuse and over use. Free doctor visits ? Dang I can see this going well....My issue with the “skin in the game” argument (assuming we’re talking about deductibles?) is that it’s very different depending on your income. 5k means an average person can never afford healthcare period, whereas 5k for a wealthy person might mean nothing.
So if I want a system where everyone has “skin in the game” maybe if you’re wealthy your deductible is 15k or 20k? Would that be better? After all, fraud waste abuse etc.
Skin in the game just means roadblocks and deterrents to abuse and over use. Free doctor visits ? Dang I can see this going well....
Everything stated above doesn’t require a single payer system to work. Devil is in the details. I would expect reimbursement to tank under m4a as if one only have one payer why would they pay more than table scraps? Skin in the game = if you are non compliant and abuse the system you loose it and get nothing. There is a lot wrong with our system of which much has been hashed our above but I have always failed to see how single payer would resolve it. None of the things mentioned above would be fixed with single payer but would be things that could be changed without it.
They might not seem as they provide value but insurance does provide value in other fields. We have no evidence that they provide no value. Otherwise this is just a list of issues to work on, not things immediately solved by single payer.We do need pharmaceutical companies I agree, but shouldn't medicare be allowed to negotiate drug prices? yes or no? this is a huge part of the savings.
insurance companies on the other hand I have no love for. I believe they provide less than 0 value and only exist to extract money out of the system. what value does an insurance company have that medicare cannot do with far less overhead, no need for profit, and 0 people making millions of dollars or thousands of people whose jobs exist solely to navigate the stupid system that the insurance companies created?
have you asked any doctor how their practice would change if all their patients were covered by medicare instead of private insurance (assuming medicare rates were adjusted to be reasonable)? all it would do is reduce the bull**** that physicians have to do to stay afloat.
and no, its not that medical bankruptcies represent some sort of unpaid necessary cost to keep our system afloat. ask any other person in another country about medical bankruptcies and they'll look at you like your insane. Most of these bankruptcies are probably coming from inflated bills that the insurance industry is responsible for anyway since hospitals/physicians cannot bill medicare less than they bill other insurance companies for, so they end up billing every CPT code at the highest possible rate in case one insurance company happens to pay out. And then if someone doesn't have insurance these are the bills they get.
That doesn’t really make health insurance any different what you said. It’s purpose is to hedge risk.health insurance is completely different from other types of insurance for many reasons (with car insurance I can buy a cheaper car, drive less, not drive, not fix my car etc)
the reason I’m tying pharmaceutical negotiation to single payer in particular is because we’ve had many establishment presidents and none of them have ever fight to allow Medicare to negotiate. This is becaus they are bribed by the pharmaceutical industry through campaign donations. And passing a single payer system is far more difficult than just Medicare negotiation, so I’m assuming if the former happens so does the latter.
the issue with your idea of better docs getting more money is that medicine isn’t black/white like other fields. And it’s necessary for the functioning of our society. It’s just not a market where unfettered capitalism works well. However, fields with more voluntary things like ophtho, derm, plastics the free market does work well, but those are unique fields
That doesn’t really make health insurance any different what you said. It’s purpose is to hedge risk.
We have no proof that bribery would stop with single payer this is an issue with government. Likely more government would not help a governmental issue as we don’t throw fire on fire to fix it (excluding controlled burns I guess)
none of those fields are black and white and you give no reason why those other fields would work better in “pay for quality” than others. Have you worked in the medical field yet? I doubt it if you think optho and DERM and plastics take a majority of cash payments and just make fat balls of cash from cosmetics/optional procedures all day.
There are several things required for a functional society, many of which are doing without everyone getting free care.
That doesn’t really make health insurance any different what you said. It’s purpose is to hedge risk.
We have no proof that bribery would stop with single payer this is an issue with government. Likely more government would not help a governmental issue as we don’t throw fire on fire to fix it (excluding controlled burns I guess)
none of those fields are black and white and you give no reason why those other fields would work better in “pay for quality” than others. Have you worked in the medical field yet? I doubt it if you think optho and DERM and plastics take a majority of cash payments and just make fat balls of cash from cosmetics/optional procedures all day.
There are several things required for a functional society, many of which are doing without everyone getting free care.
if it did not have some use in people's lives they would likely not buy it. If you feel like insurance is not worth it then do not purchase it for yourself or family. Are there problems with insurance? yes. but Noone has stated how single payer would relieve these problems.The entire job of a insurance company is to make profit. That profit by definition comes at the expense of their customers health. There are entire branches of these companies devoted to denying claims. It’s a sick, immoral system.
The lobbying and benefitting politicians was what I said was a government issue, you misread my message. Government problems are not fixed by adding more government. Fix that singular issue (lobbying to politicians) instead of turning to a single payer system. All medical care is voluntary (noone forces you into the hospital unless you are a danger to self or others) also, so those specialties are not exclusive to "less regulation"I'm saying that the pharmaceutical industries and health insurance industry contributes to politicians and so that is who our system benefits. So in the example where a single payer bill totally screws over those industries which industries are you suggesting would be the big players now? Also people who push for a single payer system want to end citizens united which makes all of these contributions possible so if that happens your point has even less standing.
Do you think that if we had no medicare or medicaid it would be easier/cheaper for people to get healthcare? I'm confused by how the crazy prices that insurance companies charge are a "government issue"
I said that in fields with more voluntary things it can work well. Specifically I am referring to the cost/accessibility of those procedures in particular. so for ophtho it would be lasik, for derm fillers and botox, for plastics boob jobs, nose jobs, etc. For all these procedures the free market works well - id argue its because those things are voluntary and people can pick and choose at their leisure (or not get these things done at all). I didn't mean to imply that the entirety of those fields are like that, and obviously most derm/plastics/ophtho practices are doing mostly non-elective things
We also do have free food (ebt cards), free healthcare (medicaid), and free money (welfare) if you are poor enough already. I like the idea of free healthy food (esp. in food deserts) as well but that's a different conversation
The lobbying and benefitting politicians was what I said was a government issue, you misread my message. Government problems are not fixed by adding more government. Fix that singular issue (lobbying to politicians) instead of turning to a single payer system. All medical care is voluntary (noone forces you into the hospital unless you are a danger to self or others) also, so those specialties are not exclusive to "less regulation"
I greatly appreciate the responses but I think we have a different world view of things. Profit is not perfect, capitalism has its flaws, but at its base state it is the best thing that has ever happened to people in history. Just read the history books, the free market is a wonderful tool when properly regulated and single pay goes against that, hence why even though i lean more left of center, I cannot go for a single payer system without at least substantial offerings in the free market for "better care".
But if you want your physician wages and healthcare dictated by a single government entity then so be it, plenty off countries have that and i hope we never get it here. Let's remove some of the anti-competitive practices our government is OK with in the current system instead of scrapping it for supposed greener grass on the M4A side.