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Started By
Message
re: WSJ: The U.K.’s Healthcare System Is in Crisis; 500 die every week due to treatment delays
Posted on 2/7/23 at 7:54 am to Oilfieldbiology
Posted on 2/7/23 at 7:54 am to Oilfieldbiology
quote:
health insurance companies
AKA the "capitalism" the poster I was responding says is great. Everything's fine. Nothing to see here.
Posted on 2/7/23 at 7:59 am to member12
I seem to recall many libs and progressives touting the UK healthcare system as a model to copy, when the Obamacare debate was ongoing. I seem to recall many of us stating that their treatment there was atrocious due to their incredibly long wait times...
Posted on 2/7/23 at 8:00 am to Fat Harry
quote:
German system much better and what Obamacare was based on.
link?
Posted on 2/7/23 at 8:00 am to heatom2
The total profit for the entire
health insurance industry was less than 1% of the total health expenditure.
The total health expenditure was 4.3 trillion. Insurance profits were less than 35 billion between all insurance companies combined.
Insurance premiums collected are regulated in the way they have to be spent.
85% of all insurance premiums collected must be spent on actual services and no more than 15% can actually be spent on overhead/salaries etc.
Americans should really educate themselves on what really drives health cost in America. It ain't the insurance companies as they make pennies for profits.
health insurance industry was less than 1% of the total health expenditure.
The total health expenditure was 4.3 trillion. Insurance profits were less than 35 billion between all insurance companies combined.
Insurance premiums collected are regulated in the way they have to be spent.
85% of all insurance premiums collected must be spent on actual services and no more than 15% can actually be spent on overhead/salaries etc.
Americans should really educate themselves on what really drives health cost in America. It ain't the insurance companies as they make pennies for profits.
Posted on 2/7/23 at 8:01 am to member12
Lol. These threads always bring out the resident communists.
Posted on 2/7/23 at 8:02 am to Damone
quote:
Luckily no one in the US ever experiences any treatment delays
Please provide numbers and comparisons to your snarky comment.
quote:
or loses out on any medical treatment
They don't.
quote:
due to our incredibly generous and affordable health insurance system.
You realize Obamacare is still the "law of the land" right? And that insurance prices skyrocketed once obamacare was implemented? Of course you realize this. You're just playing stupid
Posted on 2/7/23 at 8:02 am to Delacroix22
Agree. I saw someone use South Korea as an example in another thread. I mean South Koreans are some of the healthiest, most prideful people in the world. The US has so many obese people and dregs of society that leech off of anything that is “free”. It’s apples vs oranges argument
Posted on 2/7/23 at 8:03 am to Oilfieldbiology
quote:
What hospitals were overwhelmed? How many patients did we see in the convention center?
My wife's hospital is STILL operating above guidelines for patient/nurse ratios in an acute care unit most days of the week. So simply put, you don't know what the frick you are talking about.
Posted on 2/7/23 at 8:03 am to BhamDore
quote:
The total profit for the entire health insurance industry was less than 1% of the total health expenditure. The total health expenditure was 4.3 trillion. Insurance profits were less than 35 billion between all insurance companies combined. Insurance premiums collected are regulated in the way they have to be spent. 85% of all insurance premiums collected must be spent on actual services and no more than 15% can actually be spent on overhead/salaries etc. Americans should really educate themselves on what really drives health cost in America. It ain't the insurance companies as they make pennies for profits.
But they made $35 Billion in profit!!’n those evil greedy bastards!!!! How dare they make less than 1% profit on someone’s health!!!!!!!!
Posted on 2/7/23 at 8:04 am to whatiknowsofar
quote:
Capitalism ran out of hospital beds too.
We never once ran out of hospital beds during Covid. One of the biggest fake news fear mongering tactics during the pandemic.
Posted on 2/7/23 at 8:04 am to Powerman
quote:I'll defend it based on my and my friends' and family's experiences of getting care of all sorts when needed. For decades tests, surgeries, follow-ups all have been in a timely manner.
Yeah. Our system is nowhere near perfect and much more expensive but people will defend it to the death for reasons they don't even know
Posted on 2/7/23 at 8:05 am to Powerman
They live in the richest, most advanced society in the history of the world and are so cucked by the concept of THE FREE MARKET! that they can’t comprehend demanding free healthcare in exchange for their compulsory taxes.
Posted on 2/7/23 at 8:06 am to Bronc
quote:
My wife's hospital is STILL operating above guidelines for patient/nurse ratios in an acute care unit most days of the week. So simply put, you don't know what the frick you are talking about.
Above guidelines you say? So they are turning people away and requiring months and years wait times for routine services? Or are we just having to temporarily overwork the staff?
And would the hospital have been understaffed had they not fired a shite load of nurses due to the reduction of patients seen by shutting down all non emergency procedures?
Posted on 2/7/23 at 8:06 am to BhamDore
quote:
health insurance industry was less than 1% of the total health expenditure.
Doesnt tell the whole story and we went over this in another thread.
quote:
That is never the whole story...
quote:
quote:
UnitedHealth Group CEO Andrew Witty took home $18.4 million in total compensation last year, according to the company's latest proxy filing.
quote:
quote:
The CEOs of America’s seven largest publicly traded health insurance and services companies cumulatively earned more than $283 million in 2021 — by far the most of any year in the past decade.
quote:
quote:
Total CEO compensation in the last 10 years
Sum of all compensation by company since 2012
Cigna $365,959,592
UnitedHealth Group $349,470,281
Centene $322,619,510
CVS-Aetna $265,741,187
Humana $187,880,631
Anthem-WellPoint $166,515,815
Molina Healthcare $112,148,401
Chart: J. Emory Parker/STAT Source: SEC Filings
Add to that a fleet of private jets, lavish company expenses, oftentimes little incentive to pressure better reimbursement rates due to corrupted relationships and asymmetries, and suddenly a negative-innovative industry is handing out take-home compensation and benefits rivaling the most profitable industries in the country.
However it is true that insurance alone does not explain America's uniquely enormous healthcare morass, it is a combination of a ton of factors all coming together to feed this monster....and America has time and time again shown they will not fix it due to a combo of fear, propaganda, and inertia.
Posted on 2/7/23 at 8:07 am to BugAC
quote:
You're just playing stupid
I don't think that particular poster is playing
Posted on 2/7/23 at 8:07 am to Powerman
quote:
Our system is nowhere near perfect and much more expensive but people will defend it to the death for reasons they don't even know.
Everyone is stating the reasons we are defending it. Because the marxists solution is socialized medicine, and we've seen it fail at every juncture except for predominantly white, small population, homogenous countries. What you "woke" would call "racist" countries.
Posted on 2/7/23 at 8:08 am to Bronc
quote:
Add to that a fleet of private jets, lavish company expenses,
It's amazing to me that you leftists just hate private business so much, when it comes to incentives, but have zero fricking problems with the Nancy Pelosi's of the world making millions directly off of our tax dollars to personally enrich herself.

Posted on 2/7/23 at 8:09 am to Bronc
Look, I’m not happy about CEO’s compensation compared to the average workers salary. It’s gotten grossly out of line over the last 40 years.
But with that said, what $ amount are these CEO’s overlooking? $100’s of Billions of dollars? The responsibility to oversee that amount of business is never ending and pressure packed. That’s what the compensation is for.
But with that said, what $ amount are these CEO’s overlooking? $100’s of Billions of dollars? The responsibility to oversee that amount of business is never ending and pressure packed. That’s what the compensation is for.
Posted on 2/7/23 at 8:09 am to Bronc
quote:
My wife's hospital is STILL operating above guidelines for patient/nurse ratios in an acute care unit most days of the week. So simply put, you don't know what the frick you are talking about.

Posted on 2/7/23 at 8:11 am to tiggerthetooth
quote:
tiggerthetooth
Down 500 million? Huh?
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