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Yeah, it doesn't have to make it profit. It can go crazy broke, pushing the deficit up into the trillions in a way that no private company can. That's not called "competition". That's annihilation.
If you think you're not going to make up in taxes what you're going to save in government help, you're crazy. The money you're going to save by taking away insurance company profits is going to be more than made up for in the mess the government makes of all of this.
i dont know if you read your comments... especially that this is from along time ago, but what are your exact arguments with the single payer, you didnt really explain
So the democrats thought everyone should own their own housing and we end up with a sub prime mess. They though we should have paid government retirement and now we have Social Security which is a mess. And we should have health care for seniors, and Medicare is also going broke. Maybe they can fix some of their past messes before going on to health care.
Well the idea of Social Security and Medicare and Medicaid was a good one.. The application, not so great. People do not understand that Social Security is not your income during retirement, it is supposed to be supplemental, meaning you are responsible for the bulk of your own retirement income.
"You can plan to buy a car or a house: it's your own responsibility and your money allocation--but you can't plan a medical affliction. Not the same."
complicated...as they should have an incentive to control cost...but they don't have leverage over Big Pharma....they don't have leverage on doctors or hospitals because consumers want the best...so they generate thier profits via premiums, refusing claims...and only selecting low risk people....
finally, the hospitals and industry have no incentive in investing in preventive care...you don't make any money by keep people healthy...your profit comes from treating them once they are sick
malpractice insurance is actually a very very small component of the cost....
the cost in driven by the fact that none of the major players have an incentive to keep the cost down.. 1) The Consumer....nope..they want as much as they can get 2) Doctors....nope..the want salaries higher than doctors anywhere else in the world and lobby for immigration laws which keep foreign doctors out of the country 3) Big Pharma...of course that is obvious...profits 4) Insurance companies...actually a little
i am american living in the UK...America already has socialized healthcare...it is just run inefficiently....you see, if you live in America...but don't have healthcare...when you get sick..you go to the emergency and the taxpayers pick up the bill...which is added to your taxes...and your premiums...there is no way around it...its called the Tragedy of the Commons....because we don't let people die in the street...many people have no incentive to get hc until they get sick...meanwhile everybody
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If you think you're not going to make up in taxes what you're going to save in government help, you're crazy. The money you're going to save by taking away insurance company profits is going to be more than made up for in the mess the government makes of all of this.
Thats a good point, I hadn't thought of that
finally, the hospitals and industry have no incentive in investing in preventive care...you don't make any money by keep people healthy...your profit comes from treating them once they are sick
the cost in driven by the fact that none of the major players have an incentive to keep the cost down..
1) The Consumer....nope..they want as much as they can get
2) Doctors....nope..the want salaries higher than doctors anywhere else in the world and lobby for immigration laws which keep foreign doctors out of the country
3) Big Pharma...of course that is obvious...profits
4) Insurance companies...actually a little