Quote:
Originally Posted by Rampage_Jackson
Part of the issue I have with the legislation is that it only addresses things from the demand side, and not the supply side of things. What I mean is you are adding a ton of new people to the system for free; that's going to add strain to hospitals and doctors. Doctors are already withdrawing from Medicare at an alarming rate. So are doctors now employees of the state?
Adding what people? Do you have insurance? If not, when you did have insurance, did you go twice a month to the hospital or a General Practitioner? Or did you go only when you got really ****ed up? The people to be added already go at "I'm really ****ed up" stage only they go to the ER and don't pay. This addresses that.
Quote:
One day it's the drug companies, next day the bankers, next day the insurance companies, next day the oil companies. Anybody who makes a profit is a target now. Pfizer is a publically traded company, if you think they are making such massive profits, you are welcome to partake in that free money.
This is incoherent and doesn't address what I said at all. The solution to "they game the hell out of the system already" isn't "let's game it even more and buy some stock".
Quote:
It's become increasing difficult to run a profitable private practice anymore, especially in fields like surgery where the cost to insure themselves from malpractice suits drawfs other costs. A surgeon can mess up a surgery and have it not be malpractice. Unfortunately there is a sue first ask questions later policy which drives up medical costs. Most practices just settle claims even if they are innocent to avoid a potential bankrupcy.
So you're ok with government dictating compensation.
Quote:
I'm unfamiliar with the credit cards thing. Let's say I can pick from 5 insurance companies in the state I'm in. If there was now 200 companies I can pick from, all competiting for my business, why would I be paying a higher rate?
Because insurance companies will flock to the state willing to let them have the most favorable laws for risk and insurance and they'll just sell all insurance from that one state. It happened with Credit Cards in South Dakota. It'll happen with insurance in (Wyoming, Montana, Delaware, whatever). Credit cards all largely have the same terms, same fees, same APRs, even the same rewards. Why do you think that is?
Further, there's not 200 insurance companies to pick from, theres like 35 and several of those are VERY local. You'd likely be looking at about 15, none of which would have a ton of incentive to undercut one another since it'd be a lot easier to just have mergers and then you'll have 4 or 5 or 6, just like now except on the national level.