Mercatus Study Finds 'Medicare for All' Saves $2 Trillion over 10 years!

[FAH1223]

But the government stepping in is why the price gouging is so egregious. The regulatory hoops to open a private hospital is so crazy that only big companies like bon secours can actually afford to do it.

We had a state run hospital out here that had a terrible reputation and awful service. People would routinely drive an extra 30 or 40 minutes to go to a better hospital. When Bons Secours brought the hospital the service and reputation improved greatly.

A group of talented doctors and surgeons should be able to open competing hospitals, instead we get mandates that everyone has to pay insurance to offset the people who cant afford the predatory pricing.

We have enough evidence throughout the years to see that the government being involved in anything

1. Opens the door for corruption since all politicians are for sale.

2. Becomes terribly inefficient because career politicians rarely know about the businesses they "regulate" and end up deferring to people who check the right boxes or align with them politically, not the best people for the job.

And 3. The guaranteed money from the government creates an atmosphere of free money (like Defense contracting), and useless administrative positions are created and salaries skyrocket

I don’t advocate the government running hospitals or even preventing more from opening. We have the opposite problem in many areas.

All I advocate are set price controls across the board. For drugs and for hospitals.

It’s the only way to control costs. Competition can work in tandem of busting up monopolies but if you have a heart attack and are in the hospital for 2 weeks, insurance pays $55k and your bill is $160k, you are on the hook for over $100k... that’s predatory.

 

[HellRell804]

I don’t advocate the government running hospitals or even preventing more from opening. We have the opposite problem in many areas.

All I advocate are set price controls across the board. For drugs and for hospitals.

It’s the only way to control costs. Competition can work in tandem of busting up monopolies but if you have a heart attack and are in the hospital for 2 weeks, insurance pays $55k and your bill is $160k, you are on the hook for over $100k... that’s predatory.

In theory you're right and I support what you're saying, but I just don't trust government to set those prices fairly when they have lobbyists and corporate donors to appease. I can see them manipulating the pricing to starve out competition and those prices slowly raising back up after the competition was gone kinda like what NAFTA did for walmart. The best bet is to start removing restrictions and encourage competition so that the cost of living finally lowers.

Sometimes you have to remember that you have to make moves for the world you actually live in, not the world you wish you lived in.

 

[☑︎#VoteDemocrat]

Justice Department now says courts should strike the entire ACA
The Justice Department now says the courts should strike down the entire Affordable Care Act — not just its protections for pre-existing conditions. The department signaled its new, broader position in a legal filing Monday, part of a lawsuit challenging the law's individual insurance mandate.

Why it matters: A ruling striking down the entire ACA would upend major parts of the health care system. Millions of people would lose their health care coverage, and a host of seemingly unrelated policies — including new experiments in how Medicare pays for care and an entire class of prescription drugs — would also go out the window.

 

[☑︎#VoteDemocrat]

 

[Perfectson]

I don’t advocate the government running hospitals or even preventing more from opening. We have the opposite problem in many areas.

All I advocate are set price controls across the board. For drugs and for hospitals.

It’s the only way to control costs. Competition can work in tandem of busting up monopolies but if you have a heart attack and are in the hospital for 2 weeks, insurance pays $55k and your bill is $160k, you are on the hook for over $100k... that’s predatory.

Imma hip you to game.

Medical costs falls into two categories typically (broadly )


Frequency and severity
Frequency is the amount of time a person goes in for service

Severity is the average amount incurred.

Passing costs to individuals and max out of pocket costs is a way to control frequency . Why? Because if it's free people would literally live in the hospitals... frequency will increase and severity will decrease. Doing such will expand and burdens the health places and you will need additional hospitals and doctors.

Canada has this problem now and is why there's a line to get seen.

Do your research and it will change your thinking

 

[FAH1223]

Imma hip you to game.

Medical costs falls into two categories typically (broadly )


Frequency and severity
Frequency is the amount of time a person goes in for service

Severity is the average amount incurred.

Passing costs to individuals and max out of pocket costs is a way to control frequency . Why? Because if it's free people would literally live in the hospitals... frequency will increase and severity will decrease. Doing such will expand and burdens the health places and you will need additional hospitals and doctors.

Canada has this problem now and is why there's a line to get seen.

Do your research and it will change your thinking

1st off people wouldn't live in hospitals, there's nothing to suggest that in publicly run systems. Yes, there are longer wait times in public systems and you already said that its because we have a heavily private system that has high costs which means you cut off access. People have to go bankrupt to try to get surgery on their knee, hip, etc even if they have insurance.

So if I'm gonna get a surgery like that, I do not mind waiting and not having to worry about a bill coming later that I can never pay.

In both systems, if its an emergency or life threatening you are going to be seen right away. No one is dying because of long wait times in Canada. Yes, they might in fact die while waiting for a knee replacement. But not because of the need for the knee replacement.

 

[☑︎#VoteDemocrat]

 

[☑︎#VoteDemocrat]

:TrollTrump:



:geniustrump:​

 

[Don Homer]

Imma hip you to game.

Medical costs falls into two categories typically (broadly )


Frequency and severity
Frequency is the amount of time a person goes in for service

Severity is the average amount incurred.

Passing costs to individuals and max out of pocket costs is a way to control frequency . Why? Because if it's free people would literally live in the hospitals... frequency will increase and severity will decrease. Doing such will expand and burdens the health places and you will need additional hospitals and doctors.

Canada has this problem now and is why there's a line to get seen.

Do your research and it will change your thinking

right-wing talking points

foh, moron

NEGGED

 

[rantanamo]

Lol@people living in hospitals. Regular checkups and visits will stop all of that.

 

[Perfectson]

right-wing talking points

foh, moron

NEGGED

Lol, yes because actuarial science is based on right wing talking points.

I'm not gonna listen to a nobody talk to me about a field that requires professional certification to analyze . What experience do you have in the field, I'd love to know. Smh

 

[Perfectson]

1st off people wouldn't live in hospitals, there's nothing to suggest that in publicly run systems. Yes, there are longer wait times in public systems and you already said that its because we have a heavily private system that has high costs which means you cut off access. People have to go bankrupt to try to get surgery on their knee, hip, etc even if they have insurance.

So if I'm gonna get a surgery like that, I do not mind waiting and not having to worry about a bill coming later that I can never pay.

In both systems, if its an emergency or life threatening you are going to be seen right away. No one is dying because of long wait times in Canada. Yes, they might in fact die while waiting for a knee replacement. But not because of the need for the knee replacement.

Are you really this dense?

The term "literally live in hospitals" doesn't mean to take it literal and they would actually live in hospitals.

2nd why the hell would I want long wait lines at all? People would clearly abuse the system and increase their numbers of visitations.

Not quite sure what arguement is, sounds like you agree that long wait lines are going to happen and the frequency will increase which will increase costs exponentially.

And what im saying isn't opinion it's factual. Youre basically creating a product with no underwriting which immediately eradicated duration savings and makes it 100% anti-selective as there no barrier to Usage and actually will promote higher Usage .

People in Canada are only happy with their health system because it's free , everything else they will happily admit it sucks, which is why people with money actually pay for private medical insurance lol

 

[Perfectson]

In theory you're right and I support what you're saying, but I just don't trust government to set those prices fairly when they have lobbyists and corporate donors to appease. I can see them manipulating the pricing to starve out competition and those prices slowly raising back up after the competition was gone kinda like what NAFTA did for walmart. The best bet is to start removing restrictions and encourage competition so that the cost of living finally lowers.

Sometimes you have to remember that you have to make moves for the world you actually live in, not the world you wish you lived in.

He's not right in theory, he doesn't even understand what a monopoly is. Then he thinks government mandating prices is the key, which means it's now 100% regulated which said in prior statement he wasn't for .once you control the price, you're basically in control . If a procedure costs $75 and you want me to charge $50, I'm gonna cut the quality or the physician . Youre gonna have it so all quality physicians will go to private medical insurance and create a caste system in health care . Right now I can see a doctor at 35k income that someone making 200k is seeing .

Pharma definitely needa reform and also tort reform on malpractice that's the real reason why medical inflation is so high

 

[barese]

Are you really this dense?

The term "literally live in hospitals" doesn't mean to take it literal and they would actually live in hospitals.

2nd why the hell would I want long wait lines at all? People would clearly abuse the system and increase their numbers of visitations.

"Living in hospital" - you mean preventive medicine, the one that gives better results and costs less?

The system in Europe self-regulates the number of visits on the bases of severity and necessity.
Non-urgent visits and preventive visits may require more time (so this limits your speculated frequency!) , but you want it because you know that for an urgent visit you will have the priority too.

 

[Don Homer]

@Perfectson it's not too late to use the "it would raise taxes" excuse

or how about the "M4A isnt meant for a country this size" excuse

or maybe u wanna go with the "those other nations are more homogenized than the US" excuse

u clown