How to Reduce Healthcare Costs by 80% Overnight (Without Spending $2 Trillion)

http://bytestyle.tv/node/66

Dr. Mary Ruwart has a plan that would reduce healthcare costs by 80% overnight... without costing taxpayers $2 trillion. So why isn't anyone talking about this?

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• mary ruwart
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[ghordan]

What a spiel of horse shit. Regulation in pharma comprises 80% of over cost for development of a drug!!! Hahahaha.

A cycle of research and development of some drugs cost around several hundred million to billion dollars and they repeat the process 10+ times until they have it ready for marketing. I have close family members who have worked for Merck and Pfizer that can attest to that. And none of these procedures have anything to do with regulatory compliance.

[HempJammer]

Insurance payments to doctors are based upon two databases for "Fair Pricing" similar to the book used for mechanic. Funny, United Health Care Group purchased both and promise other insurance companies a 16 to 1 return on thier money.

The insurance companies want you to pay 30% out of pocket and above your premiums for any healthcare.

Where are the pharmacies in that???

[Yakko77]

Add to that he cost of advertising the pharma industry bombards us with. Seriously, you can't watch TV for more than 5 minutes without thinking you have a half dozen different ailments.

[64water]

The total value of loans to low income buyers that went into default is a tiny fraction of the total banking mess. Those loans could have been payed off at face value for a tiny percentage of the bail outs. Claiming the banks we're victims after they have received over ten trillion dollars in unaccounted for funds in bail outs and then blaming the poor who we're lured into sketchy loans, which in any case account for an insignificant portion of the problem, is disingenous at best.

[64water]

Not by any reasonable definition of "socialist." Look it up. Demos and Repugs are both ardent corporatists - govt., at the service of corporate interests - with no public control, input at all, that is what we have now. Obama's and Pelosi's policies are a consistent continuation of Bush's policies - who's policies were consistent with Clinton's and so on right back to at least Reagan.

[DigiLusionist]

64water, there is absolutely no debating that the Congressional Democrats are, by and large, Socialists.

[DigiLusionist]

It was the forcing of banks to make loans to people unable to repay that led to the derivatives market of which you speak. An entirely new commodity was created as a result. No one thought to regulate that. Or, didn't care.

Either way, I will agree it is the failing of both parties. However, it is galling that Speaker Pelosi would say, "The Democratic Party is not responsible."

The Free Market hasn't been free in decades; either through environmental regulation or political intereference.

[64water]

That's complete rott. The current banking/financial disaster can be traced directly to the repeal of Glass/Steagall act of 1999 - i.e., deregulation. Also, the complete lack of regulation of the dirivitives markets as well as unregulated hedge funds. Dodd, Frank and other Demos helped dismantle regulatory restrants, so how that makes them socialists, I guess only you know.

It's both Dem's and Repub's who deregulated, but it was Sen. Graham (repug) who wrote the most damaging legislation.

[64water]

Sorry, but the track record of pharmaceutical companys suggests strongly that they are interested only in profits, not in curing or healing the sick. The reason there is an "alternative" medicine boom is in part due to the abysmal failure of big Pharma to heal. And to ad insult to injury they overcharge for their ineffective, dangerous drugs. Having prozac and other dangerous drugs showing up in our ground and drinking water is just one more reason why these companies need to be regulated.

[badattitude77769]

Deregulation has harmed this country to the max, ask anyone who has worked in the usa for over thirty years, laws and regulations are needed as corporations and even individuals do not respect the environment, safety, their own workers. No one wants big government, but letting money do all the talking does not work.