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re: Why Are American Health Care Costs So High?
Posted on 6/7/16 at 6:14 am to Wtodd
Posted on 6/7/16 at 6:14 am to Wtodd
Litigation is correct
Also, SEVERE epidemic of insurance fraud by the entire medical profession. The amounts and numbers of services and supplies charged to insurance is horrifying.
Insurance companies and medical profession in it together to make money while sticking it to consumer
Also, SEVERE epidemic of insurance fraud by the entire medical profession. The amounts and numbers of services and supplies charged to insurance is horrifying.
Insurance companies and medical profession in it together to make money while sticking it to consumer
This post was edited on 6/7/16 at 6:16 am
5
Posted on 6/7/16 at 6:18 am to Rouge
End of life care. Something like 90% of a person lifetime health care costs come in end of life.
Posted on 6/7/16 at 6:22 am to Rouge
quote:
Insurance companies and medical profession in it together to make money while sticking it to consumer
And this rigged scheme will never ever go away because government continues to meddle in healthcare policy and set forth regulations that pick winners and losers and they want it to stay that way because they sure as shite wouldn't survive in a real free market that holds the merchant accountable with their wallets.
Crony capitalism is why we're stuck with this.
Posted on 6/7/16 at 6:25 am to Rouge
quote:
Insurance companies and medical profession in it together to make money while sticking it to consumer
Not exactly correct. Insurance is the issue but its not that they collude to make money, its that they shield the patient from the real cost.
Most people do not know what the bill for their care really is, they only know the co-pay. If patients were forced to pay the prices really charged I don't think most people could pay it, therefore prices come down (hello capitalism).
Posted on 6/7/16 at 7:43 am to Rouge
quote:
nsurance companies and medical profession in it together to make money while sticking it to consumer
The healthier you are the more profit the insurance company makes. It is in their interest for you to be healthy.
Posted on 6/7/16 at 8:01 am to Rouge
The number three cause of death in the US is medical error.
So yes they (the medical field) have to figure cost of litigation into prices.
So yes they (the medical field) have to figure cost of litigation into prices.
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