- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Fundamentally Speaking, are There Any Industries That Should Be Not For Profit?
Posted on 2/24/19 at 2:04 pm to NYNolaguy1
Posted on 2/24/19 at 2:04 pm to NYNolaguy1
quote:
He's not wrong.
Lung cancer treatments have horrible real life expectations but are sold to the patient as life saving treatments at exorbitant costs.
The real problem with healthcare is that it in no way resembles the free market.
Do you not think that these companies would find a cure if they could? They immediately dominate the market and have significant pricing power when they do.
It’s just extremely difficult to find a legitimate cure for anything and then shepherd it through the approval processes. It’s not market incentives holding this stuff back.
This post was edited on 2/24/19 at 2:05 pm
1
Posted on 2/24/19 at 2:10 pm to AggieDub14
quote:
Limit salary to 200% of the national average.
Why not 222%?
Posted on 2/24/19 at 2:12 pm to AggieDub14
quote:
Healthcare is expensive because of insurance companies trying to meet their bottom line and Malpractice costs.
You can’t be this dumb.
Posted on 2/24/19 at 2:19 pm to AbuTheMonkey
quote:
Do you not think that these companies would find a cure if they could? They immediately dominate the market and have significant pricing power when they do.
Yeah, the line of thought that companies are holding back a cure is beyond stupidity.
Posted on 2/24/19 at 2:22 pm to AggieDub14
quote:
Profit focus leads to treatments, not cures
Ok genius, tell me this. Why haven't countries with highly socialized health care found a cure for all of these diseases?
Posted on 2/24/19 at 2:27 pm to Loserman
quote:
Show me one public-only industry that has better outcomes than private industry.
quote:
Military
Probably the most inefficient government entity we have. Private military contractors often accomplish a lot of the same things at a fraction of the cost.
Posted on 2/24/19 at 2:33 pm to AggieDub14
quote:
Profit focus leads to treatments, not cures. Wall street wants sick people to rely on treatments and stay sick forever so they will continue spending money instead of being cured.
If your definition of "cure" is to take a medication and your body is returned to its normal function than, the only actual cures we have are antibiotics, and vaccines to prevent disease. For almost every other malady we only have treatments for the symptoms, quit taking the treatment, and the symptoms of the disease returns.
Posted on 2/24/19 at 2:36 pm to roadGator
Healthcare is expensive because the government buys most of it and they are very poor shoppers. Their motivation is not to make the best buys of service but to make the most politically important buys of healthcare.
Because medicare establishes a floor for prices that providers cannot go below, the providers are constantly lobbying for higher reimbursement which then raises prices for all of us. Medicare limits competition and drives up cost.
"profit" in GAAP and tax terms is what remains after expenses. Profit for government and "non profits" are essentially any revenue. Non profits want more and more revenue so they can spend more and more money on salaries and services. There is no such of thing as a true "non profit". I try in my business to be a non profit when it comes to paying taxes.
Because medicare establishes a floor for prices that providers cannot go below, the providers are constantly lobbying for higher reimbursement which then raises prices for all of us. Medicare limits competition and drives up cost.
"profit" in GAAP and tax terms is what remains after expenses. Profit for government and "non profits" are essentially any revenue. Non profits want more and more revenue so they can spend more and more money on salaries and services. There is no such of thing as a true "non profit". I try in my business to be a non profit when it comes to paying taxes.
Posted on 2/24/19 at 2:37 pm to AggieDub14
quote:
God forbid we focus on the greater good in healthcare and education rather than greed.
Public school systems in the U.S. spend more money per student by a large margin than any private school yet have poorer outcomes by any measure.
This post was edited on 2/24/19 at 2:51 pm
Posted on 2/24/19 at 2:41 pm to AggieDub14
Fundamentally speaking, competition is the only thing that will improve any of those "industries."
Competition is so distorted, stifled and/or eliminated by our command-economies/neofascist systems that it can't possibly work properly. But the leftist solution is to blame "capitalism."
Competition is so distorted, stifled and/or eliminated by our command-economies/neofascist systems that it can't possibly work properly. But the leftist solution is to blame "capitalism."
This post was edited on 2/24/19 at 2:42 pm
Posted on 2/24/19 at 2:46 pm to AggieDub14
Not meant to derail the thread but how are volunteer fire departments funded? Isn’t it a combination of govt funds and donations.
This post was edited on 2/24/19 at 2:47 pm
Posted on 2/24/19 at 2:46 pm to AggieDub14
quote:
Insurance
Should we take away profits for banks? Mortgage companies? Brokerages? Credit card companies?
It is amazing how many people confuse insurance with healthcare.
Posted on 2/24/19 at 2:54 pm to AggieDub14
How retarded does one have to be to not realize that profit motivation is what actually makes industries successful?
Posted on 2/24/19 at 3:30 pm to NYNolaguy1
quote:
Exactly my point-perhaps we are talking past each other here.
No, we aren’t. You made an assertion with no evidence and that was, in the details, factually incorrect.
quote:
My point is that defense contractors (think Academi, Blackwater, etc) are usually subject to very little criminal liability or accountability. Who would have guessed that could lead to problems?
Again, what problems?
Posted on 2/24/19 at 3:33 pm to AggieDub14
quote:
God forbid we focus on the greater good in healthcare and education rather than greed.
Signed,
The millions dead in the USSR and China
Posted on 2/24/19 at 3:35 pm to AggieDub14
quote:
Education? Healthcare? Insurance? How much better would this world be if Wall Street no longer had the ability to make money in these fields?
It would be infinitely worse.
quote:Ahh. Marx would be proud of you.
Imagine how much better all our lives would be if Millionaires and Billionaires couldn't take advantage of people trying to get educated or healthy or protecting themselves with insurance.
quote:
The middle and lower class individual would retain far more of their wealth.
Posted on 2/24/19 at 3:36 pm to AggieDub14
quote:
Education was more referring to entities like University of Phoenix who scam people with subpar education.
Harvard and Yale are private educational institutions.
Posted on 2/24/19 at 3:37 pm to AggieDub14
quote:Another liberal moron who thinks that all things are static and that the only difference between private and public is profit margin.
I never said make labor free. You dont understand what not for profit means. They would charge just enough to cover overhead and nothing more.
Good fricking God. Burn all of our schools down. They've failed.
Posted on 2/24/19 at 3:47 pm to AggieDub14
quote:
Fundamentally Speaking, are There Any Industries That Should Be Not For Profit?
Nope. A for-profit will ALWAYS be more effiecent than a charity.
Every. Single. Time.
Posted on 2/24/19 at 3:54 pm to DisplacedBuckeye
You can stop big corporations from taking advantage of the less intelligent.
It amazes me how brainwashed most of you are. You will fight tooth and nail for the rich to get richer. All while society falls apart and the middle class gets poorer.
It amazes me how brainwashed most of you are. You will fight tooth and nail for the rich to get richer. All while society falls apart and the middle class gets poorer.
Page 6 of 11
Popular
Back to top
Follow TigerDroppings for LSU Football News