Are Health Insurance Profits Really A Problem?
Dread_Pirate The Profit argument is used, also with the Marketing argument, but it would seem to me the biggest problem is the Capital outlay/Benefit argument that is most troubling. We spend 16% of GDP on Helath Care, the next closest is canada at 10%, and were around 40th in developed countries on all lists of Quality of care, including Mortality rates, life expectancy, etc. As a principle, I do think that like Police, Fire and other basic services Health Care doesn’t need tobe concerned with profit. I’m not saying it shouldn’t be efficient. I just don’t see why profit must be a motivating factor. tidbits “it’s not the profits, it’s the wasted time dealing with the beaurocracy to get reimbursed.” Huge savings can be achieved through “standardization of technology and practices across the system.” “money saved through mandates…will pale in comparison to overall cost inflation…” Yes. Yes. And, yes. Succinctly and accurately put. Thank you. GreenDreams Mikkel, it’s easy (and common)
