Is health care, by nature, a sham?

Truth

My opinions on the person who does this show are mixed, but he does a pretty good one on Healthcare:

Adam Ruins Everything - Why hospitals are so expensive

Adding the name of the show so that anyone who does not want to give views to him will not be sucker punched by the link.

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Full disclosure trying to understand insurance is nearly impossible for my brain and I'm definitely not an economist.

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After reading the rest of your post, the disclaimer was unnecessary.

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However, simple logic tells me that health care companies make an insane amount of money. Also, doctors make a lot of money. So in our current system we, the people/patients, are paying enough money to make multiple entities rich. Thus, does it not make simple sense that by cutting out one of those entities everyone would pay less overall?

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Cutting doctors out of the healthcare seems like a pretty bad idea. Maybe I'm wrong.

I think you might be getting close to a point that is legit though. Overall medical costs (like doctors salaries) are unsustainable and no one is trying to do anything about it.

Insurance by its nature is a pool of like-minded individuals paying premiums into a fund to help offset any unforeseen costs to indemnify (make whole) an individual for their expenses for, in this case, medical costs.

It's only when greed and society - building get in the way that problems are created. Where there is money, there's always a target.

I could be wrong but I believe insurers have razor thin margins. They make money because they insure a ton of people.

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However, simple logic tells me that health care companies make an insane amount of money. Also, doctors make a lot of money. So in our current system we, the people/patients, are paying enough money to make multiple entities rich. Thus, does it not make simple sense that by cutting out one of those entities everyone would pay less overall?

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We're trying to operate both a capitalist healthcare system, which drives innovation by attracting investor money, in conjunction with a welfare-based healthcare system in which the poor have the same access to care as those who can afford private HC.

This clearly isn't working and the 2 need to be separated.

$8294 premium, family of 4, on a group plan. And my boss catches some additional cost on top of that.
Next state of union address should start like this,
American people you are looking at 535 of the worlds biggest thieves. Along with any of their predecessors they have taken your money and lined their pockets with it.
I have a feeling that insurance companies razor thin margins are wider than my ex wives arse.

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$8294 premium, family of 4, on a group plan. And my boss catches some additional cost on top of that.

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Next year it will probably be close to $9000. If the Skinny Repeal would have become law it would be over $10,000. This was an attempt to score political points while making the situation worse for you and almost every other person living in this country.

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Cutting doctors out of the healthcare seems like a pretty bad idea. Maybe I'm wrong.

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I thought it was pretty clear which one I was talking about cutting out.

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I guess what I'm saying is cut out insurance and make prices reasonable again like what they were basically saying in that video somebody posted. No surgery truly costs $100,000.

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It's not really insurance that drives up the cost of surgery. Most Americans could probably afford most routine, preventative care from their primary doc absent insurance. Those private practices really aren't making much money.

Hospitals are a different animal. What they charge sometimes just doesn't make any sense. For example, a year or so ago I woke up in extreme pain. Knew immediately it was a kidney stone. Went to one of those new free standing ER's affiliated with a local hospital system. I was in there 3 hours, tops. Had a CT scan, they shot me up with demoral(sp?) and gave me a prescription for pain pills. Looked at the claim a week later and the bill was $12,000. That makes absolutely no sense that such a short visit cost so much. And I don't think there's an easy fix for that, unfortunately.