On Wed, Sep 12, 2007 at 03:50:53AM +0200, s. keeling wrote:
>
> Socialized medicine is destroying medical care. The
> "clients/patients" don't have to care what it costs because "the
> system" pays for it. "The system" is terrified of pee-ing off voters,
> so they pay whatever "the caregiver" says it costs. The caregivers
> don't care what it costs, because the clients and "the system" pay
> whatever the caregivers says it costs.
>
> Consequently, caregivers are the least cost conscious consumers on the
> planet, since all costs are "externalized" to patients and
> bureaucrats ("the system").
>
> Brillant[sic]. Think eight bucks for a one dollar spray bottle, or
> forty bucks for a tiny bag of plastic wedges produced by a machine, or
> fifty bucks for a pair of scissors. What an excellent racket to be in!
>
Yes. One need simply ask himself, why is the cost every procedure
covered by managed care going up, while the cost of out-of-pocket
elective procedures going *down*?! Oh wait, it is because there is
competition in the marketplace.I was discussing this issue with someone at work last week. I was blown away when he told me that about 24% of health insurance premiums to go the insurance companies as profit and operating expenses. Think about it. They are basically glorified (maybe not) money managers. The SEC would have an absolute fit if there were investment banks out there charging such ridiculously high administrative fees. Why do we tolerate it from the insurance companies? Oh right, it is basically a government protected monopoly/cartel. Regards, -Roberto -- Roberto C. Sánchez http://people.connexer.com/~roberto http://www.connexer.com
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