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re: Study reveals a $600 billion savings in administrative costs with Medicare for ALL
Posted on 2/9/20 at 1:17 pm to burdhead
Posted on 2/9/20 at 1:17 pm to burdhead
quote:
I can only imagine converting the entire population at one time.
My question is, is the government going to force present day doctors to stay in the doctoring business? Those with a decent retirement in the bank will quit and then we have a shortage of doctors. I go to two doctors that don't accept first time Medicare patients. The only reason I got on their lists was because my wife who is not on Medicare saw them first and I was accepted on her coattails.
Posted on 2/9/20 at 1:26 pm to Homesick Tiger
quote:
My question is, is the government going to force present day doctors to stay in the doctoring business?
Even if they did stay in the profession, where are all the extra doctors, nurses, support staff, facilities and equipment, etc, etc, going to come from when all of a sudden everyone has the equivalent of Medicare?
Why does no one seem to ask a basic question like that?
Posted on 2/9/20 at 1:29 pm to tiggerthetooth
Administrative costs are high due to government regulations.
You people are so dumb.
You people are so dumb.
Posted on 2/9/20 at 1:30 pm to RebelExpress38
quote:
Please tell us more about government making administration of complex industries more efficient
Yep, wondering if this is the same research firm that said we'd save $2500 a year under Obsmacare...
Posted on 2/9/20 at 1:45 pm to tiggerthetooth
quote:The US population is nearly 9X the size of Canada's.
The US spent $817 billion on healthcare administrative costs in 2017, $600 billion more than Canada
In other words, CANADA SPENDS 2.3 TIMES what the US spends per capita on Administrative Costs. Put differently for the math challenged, their system in our country would run $1.9 TRILLION.
That is over $1 TRILLION more than we currently spend. It's money which would not go to care at all, but rather to administrators.
GREAT IDEA THERE, tiggerthetooth!
This post was edited on 2/9/20 at 1:47 pm
Posted on 2/9/20 at 1:46 pm to tiggerthetooth
Maybe you morons should look closely at Medicare and see it it is what you want for your medical care. Little to no choice in treatment and many things that you get now dont qualify. A lot of doctors dont take medicare because it is a loss to them.
A "Medicare" system for our primary care will degrade our entire standard of living and medical care. The public will not tolerate it.
A "Medicare" system for our primary care will degrade our entire standard of living and medical care. The public will not tolerate it.
Posted on 2/9/20 at 1:48 pm to NC_Tigah
quote:
GREAT IDEA THERE, tiggerthetooth!
Read my responses in the thread you stupid frick. I didnt endorse the information, I just posted it.
Posting =/= endorsing.
This post was edited on 2/9/20 at 1:49 pm
Posted on 2/9/20 at 1:49 pm to tiggerthetooth
Post off lice loses money yet fedex and ups make a profit
Posted on 2/9/20 at 1:52 pm to tiggerthetooth
Our government doesn’t ever save money ever just know that.
Posted on 2/9/20 at 1:54 pm to tiggerthetooth
medicare for all will destroy the medical industry, thus saving us all a lot of money.
Posted on 2/9/20 at 1:56 pm to tiggerthetooth
quote:Melt baby.
Read my responses in the thread you stupid frick.
But in the future if you post a dumbass OP, complete with extensive quotes, and you disagree with it, you'd do well to make that clear at the outset.
You'd also do well to avoid respondent pejoratives when you ignore that suggestion.
Posted on 2/9/20 at 1:57 pm to tiggerthetooth
Why are they comparing the costs in the US per patient to Canada’s per capita.
Because Canada has about 12 percent our population and 25% our admin costs.
Why is it that every bullshite claim is not supported by facts. Per capita the US is half the cost of Canada per capita
Because Canada has about 12 percent our population and 25% our admin costs.
Why is it that every bullshite claim is not supported by facts. Per capita the US is half the cost of Canada per capita
Posted on 2/9/20 at 1:57 pm to I B Freeman
quote:
nstead we should convert medicare to a subscription based pricing model and give medicare folks $X to shop competing subscription offers and then pocket any savings.
You just described the Medicare Advantage program ...... and it fricking sucks. Runs less efficient than traditional Medicare model.
Posted on 2/9/20 at 1:58 pm to tigeraddict
quote:go give the UPS office 55 cents and see what they do for you
Post off lice loses money yet fedex and ups make a profit
Posted on 2/9/20 at 2:19 pm to tiggerthetooth
Bongino has debunked this MULTIPLE times.
Posted on 2/9/20 at 2:26 pm to tiggerthetooth
quote:
The US spent $817 billion on healthcare administrative costs in 2017, $600 billion more than Canada, which has a smaller population than the US but also has much lower per capita healthcare costs: For example, the US spends an average of $2,479 per patient on admin costs, compared with $551
Okay. Can somebody explain the math to me?
In 2017 Canada had a population of 36.54 million.
They spent $217 billion on health care admin costs ($817 billion-$600 billion).
$217 billion divided by 36.54 million equals $5,938.70 per capita. Where did $551 come from?
The per capita number for the US ($2479) appears to be in range of acceptable error depending on the population numbers used.
Posted on 2/9/20 at 2:31 pm to 93and99
There’s a movement by some primary care doctors who advocate for direct care to the patients thus eliminating the insurance middleman. I listened to a doctor on an AM radio talk show claim she’s reduced costs to her patients 30-40% for office visits by eliminating insurance carriers. Her solution to significantly reduce medical costs was market driven competition, reducing/eliminating insurance companies, allow for greater contributions and tax incentives for HSA and doctors would be subjected to a customer satisfaction rating system just as many other professionals and businesses are.
Posted on 2/9/20 at 2:41 pm to tiggerthetooth
So by going to a single payer (Medicare) we save $600 billion in administrative costs all the while paying for all of healthcare which is up around $3.7 trillion. Now that's a hell of a deal.
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