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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
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 2/7/23 at 7:54 am to
quote:

health insurance companies


AKA the "capitalism" the poster I was responding says is great. Everything's fine. Nothing to see here.
Posted by BugAC
St. George
Member since Oct 2007
55490 posts
Posted on 2/7/23 at 7:59 am to
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 by BugAC
St. George
Member since Oct 2007
55490 posts
Posted on 2/7/23 at 8:00 am to
quote:

German system much better and what Obamacare was based on.


link?
Posted by BhamDore
Nashville
Member since Aug 2009
6432 posts
Posted on 2/7/23 at 8:00 am to
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.

Posted by USMCguy121
Northshore
Member since Aug 2021
6332 posts
Posted on 2/7/23 at 8:01 am to
Lol. These threads always bring out the resident communists.
Posted by BugAC
St. George
Member since Oct 2007
55490 posts
Posted on 2/7/23 at 8:02 am to
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 by Civildawg
Member since May 2012
9773 posts
Posted on 2/7/23 at 8:02 am to
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 by Bronc
Member since Sep 2018
12646 posts
Posted on 2/7/23 at 8:03 am to
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 by Oilfieldbiology
Member since Nov 2016
39949 posts
Posted on 2/7/23 at 8:03 am to
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 by The Boat
Member since Oct 2008
172266 posts
Posted on 2/7/23 at 8:04 am to
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 by Jake88
Member since Apr 2005
75332 posts
Posted on 2/7/23 at 8:04 am to
quote:

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
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.
Posted by Damone
FoCo
Member since Aug 2016
32966 posts
Posted on 2/7/23 at 8:05 am to
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 by Oilfieldbiology
Member since Nov 2016
39949 posts
Posted on 2/7/23 at 8:06 am to
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 by Bronc
Member since Sep 2018
12646 posts
Posted on 2/7/23 at 8:06 am to
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 by FredBear
Georgia
Member since Aug 2017
15972 posts
Posted on 2/7/23 at 8:07 am to
quote:

You're just playing stupid



I don't think that particular poster is playing
Posted by BugAC
St. George
Member since Oct 2007
55490 posts
Posted on 2/7/23 at 8:07 am to
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 by BugAC
St. George
Member since Oct 2007
55490 posts
Posted on 2/7/23 at 8:08 am to
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 by Oilfieldbiology
Member since Nov 2016
39949 posts
Posted on 2/7/23 at 8:09 am to
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.
Posted by FredBear
Georgia
Member since Aug 2017
15972 posts
Posted on 2/7/23 at 8:09 am to
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 by sidewalkside
rent free in yo head
Member since Sep 2021
3389 posts
Posted on 2/7/23 at 8:11 am to
quote:

tiggerthetooth


Down 500 million? Huh?
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