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re: Corporations like single payer because it keeps healthcare off the balance sheet

Posted on 7/18/17 at 6:27 pm to
Posted by Rakim
Member since Nov 2015
9954 posts
Posted on 7/18/17 at 6:27 pm to
quote:

Let's say you achieve a cost savings of 20% with a public option (lol). How many people lose their jobs in this scenario?


Millions

Healthcare Industry is an economy that touches everyone.
Posted by the808bass
The Lou
Member since Oct 2012
111738 posts
Posted on 7/18/17 at 6:28 pm to
quote:

Source?


Everyone who works in healthcare knows this. I'll leave the ramifications of that for your supposed knowledge about the system hanging thick in the air.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
36776 posts
Posted on 7/18/17 at 6:33 pm to
quote:

Everyone who works in healthcare knows this. I'll leave the ramifications of that for your supposed knowledge about the system hanging thick in the air.

Ah the ole well everyone just knows it line.
Posted by bonhoeffer45
Member since Jul 2016
4367 posts
Posted on 7/18/17 at 6:42 pm to
quote:

Let's say you achieve a cost savings of 20% with a public option (lol). How many people lose their jobs in this scenario?




Not sure you have thought out this logic well. If a public option were introduced under the parameters they were originally designed, the plan would have to be self-susitaing and negotiate with healthcare providers like anyone else in the marketplace.

So healthcare providers would not go lower then would be economically acceptable to them. Savings under the public option are typically realized because they would operate without the sort of administrative bloat private insurers do. With their high upper management salaries etc. The competition would theoretically put more pressure on private insurers to also negotiate harder to compete. Increase the pool and create benefits and savings from economies of scale.

Would there be economic rearrangements in the marketplace, obviously. Changes always produce that. You would have gained employment in the administration and operation of the public option, likely increased demand that would put upward pressure on the healthcare labor force in certain areas. Put some downward pressure on prices that could force responses that could include labor cuts in some places(raising them in others), but also as we see time and again, businesses will seek their own efficiencies outside of labor cuts to address changes in market conditions.

But i think you are hinting at taking the basic framework I was speaking about to contextualize the broad mechanism to an extreme and that is a bit silly.
This post was edited on 7/18/17 at 6:44 pm
Posted by bonhoeffer45
Member since Jul 2016
4367 posts
Posted on 7/18/17 at 6:42 pm to
quote:

Everyone who works in healthcare knows this. I'll leave the ramifications of that for your supposed knowledge about the system hanging thick in the air.



I'm starting to smell a whiff of bullshite coming from your direction all of the sudden.
Posted by Antonio Moss
Baton Rouge
Member since Mar 2006
48344 posts
Posted on 7/18/17 at 6:43 pm to
Using California's calculations, a nationwide UHC system would cost somewhere around 3.5 trillion dollars. The government spends close to a trillion on healthcare now, so we'd have to make up the additional 2.5 trillion. The total revenue of the federal government last year was 2.9 trillion.

This means we'd need an 86% percent increase in taxation to get back to the 2016 deficit.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 7/18/17 at 6:46 pm to
quote:

Using California's calculations, a nationwide UHC system would cost somewhere around 3.5 trillion dollars. The government spends close to a trillion on healthcare now, so we'd have to make up the additional 2.5 trillion. The total revenue of the federal government last year was 2.9 trillion.

This means we'd need an 86% percent increase in taxation to get back to the 2016 deficit.



Shhhhhhhhhhh

Don't talk about that. In 10 years it is supposed to be a shocking development that no one could have seen coming.
Posted by bonhoeffer45
Member since Jul 2016
4367 posts
Posted on 7/18/17 at 6:47 pm to
quote:

Using California's calculations, a nationwide UHC system would cost somewhere around 3.5 trillion dollars. The government spends close to a trillion on healthcare now, so we'd have to make up the additional 2.5 trillion. The total revenue of the federal government last year was 2.9 trillion.

This means we'd need an 86% percent increase in taxation to get back to the 2016 deficit.




California's proposal right now before re-working is, frankly, stupid.

It basically has no price controls, no framework to negotiate prices or set price schedules, none of the mechanisms that all other UHC countries have to control vast over-consumption and rampant gaming of the system. This would be like Medicare if you just told doctors to charge what they feel like, make no attempt at organizing the reward system to avoid runaway volume over-billing, no mechanisms to deal with fraud, and pay for any medication people wanted as long as a doctor says go for it. Not even Bernie Sanders was that generous and reckless with his vague Medicare for all proposal.

It's final form will likely look a lot different then the current one. But as of right now it is pretty problematic.
This post was edited on 7/18/17 at 6:50 pm
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69441 posts
Posted on 7/18/17 at 6:50 pm to
What is the difference between negotiations and outright price controls?

How exactly does someone "negotiate" with Medicare/Medicaid?
Posted by tigerskin
Member since Nov 2004
41039 posts
Posted on 7/18/17 at 6:57 pm to
Lobbying groups do the negotiating.

Also we need to separate Medicaid for all versus Medicare for all. The Medicaid for all would be much cheaper but is obviously more bare bones coverage.
This post was edited on 7/18/17 at 6:58 pm
Posted by ShortyRob
Member since Oct 2008
82116 posts
Posted on 7/18/17 at 6:57 pm to
quote:

Cause theyre the only countries with UHC?

No. Because you asserted govt involvement begets better negotiating power and it doesn't get any more powerful than those places.
quote:

Can i see your evidence? Gotta be easy almost every country converted to it at this point. Surely all their healthcare showed a drastic decrease? Or a majority?

Well. 75% of all new medical procedures and treatments have come out of the U.S. over the last 30 years.

In other words, the shite those other places are giving away wouldn't even be available to give away but for the U.S.

So, there's that.
Posted by bonhoeffer45
Member since Jul 2016
4367 posts
Posted on 7/18/17 at 7:00 pm to
quote:

What is the difference between negotiations and outright price controls?

How exactly does someone "negotiate" with Medicare/Medicaid?



Well Medicare/Medicaid apply fee schedules. A complex process that sets reimbursement rates based on a number of factors. With plenty of debate about the details and the concept itself. I'm personally more then ok with it broadly speaking, in the aggregate it allows a lot of maneuverability. The public option in its original concept would negotiate like a PPO. Establish networks, reimbursements etc. in the markets they open up in.
This post was edited on 7/18/17 at 7:03 pm
Posted by the808bass
The Lou
Member since Oct 2012
111738 posts
Posted on 7/18/17 at 7:00 pm to
quote:

I'm starting to smell a whiff of bull shite coming from your direction all of the sudden.


It's probably just a change in the direction of the wind. You've been bullshitting about healthcare since you showed up here.

I'll be more exact with CMS language.

A provider cannot charge "substantially less" for their "usual and customary rates" than CMS allowable charges. If you have any questions, CMS has an 800 number.
This post was edited on 7/18/17 at 7:03 pm
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69441 posts
Posted on 7/18/17 at 7:02 pm to
If everyone is on Medicaid, how can there be negotiation when one side has no other options except cash patients?
Posted by the808bass
The Lou
Member since Oct 2012
111738 posts
Posted on 7/18/17 at 7:04 pm to
quote:

Medicaid for all would be

A waste of money.
Posted by bonhoeffer45
Member since Jul 2016
4367 posts
Posted on 7/18/17 at 7:06 pm to
Still waiting on that source.

Posted by the808bass
The Lou
Member since Oct 2012
111738 posts
Posted on 7/18/17 at 7:07 pm to
quote:

If everyone is on Medicaid, how can there be negotiation when one side has no other options except cash patients?


Medicaid already gets steep discounts. It's a liberals wet dream to negotiate the discounts between Medicaid and drug companies. But private insurance is subsidizing Medicaid usage of the drug. Everyone converting to Medicaid would likely increase the price long-term versus what Medicaid currently pays.
Posted by bonhoeffer45
Member since Jul 2016
4367 posts
Posted on 7/18/17 at 7:15 pm to
quote:

If everyone is on Medicaid, how can there be negotiation when one side has no other options except cash patients?




Just to preface real quick, pretty much every UHC country has a healthy supplemental or alternative private market. And given our history and the deep roots of this system, it is hard to imagine that would ever go away here. I personally think the single-payer only people are unlikely to ever get that just as I think it is unlikely Britain ever adapts France's healthcare system despite reading that occasional polls find citizens thinking it slightly superior. Path dependency is a bitch.

But politically, it would be pretty problematic to set up an arrangement that pushes out the labor force needed to make the system function. You would have a lot of pissed off voters like we see play out all over the world. And people everywhere are sympathetic to their doctors. So its not like there aren't forces that make sure a hypothetical Medicaid for all system doesn't keep stakeholders inside of it taken care of. Also Medicaid for all would theoretically create another tactic: labor flight. healthcare workers could re-locate to states with better reimbursement schedules, forcing other states to have to adapt.

This post was edited on 7/18/17 at 7:20 pm
Posted by Taxing Authority
Houston
Member since Feb 2010
57455 posts
Posted on 7/18/17 at 7:19 pm to
quote:

Corporations like single payer because it keeps healthcare off the balance sheet
It will still be there, just more opaque. Instead of a direct expense line item it'll show up as reduced revenue from reduced demand and it'll arrive in the form of lower working capital as the government will be vacuuming it up to give away for gimmies.

quote:

Big business will be for it
Yep. Will keep new entrants out. Hell, it already is. We see it every day.
This post was edited on 7/18/17 at 7:20 pm
Posted by Taxing Authority
Houston
Member since Feb 2010
57455 posts
Posted on 7/18/17 at 7:22 pm to
quote:

Just increase corporate and capital gains taxes to pay for it. Problem solved
They already hoard too much money, amiright?
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