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/cgi-bin/YaBB.pl General Category >> Politics, Religion (Tall Table) >> More on medical insurance..... /cgi-bin/YaBB.pl?num=1500478694 Message started by raydawg on 07/19/17 at 08:38:14 |
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Title: More on medical insurance..... Post by raydawg on 07/19/17 at 08:38:14 I heard yesterday, even tho insurance companies have bemoaned the cost of ACA, they are making record profits..... So, I thought, WTF????? I came up with this question? Why do we, and I think Bot already mentioned this, but I didn't grasp it, the gravity of it at the moment..... PROFIT off of medicine and healthcare? Yes, I know programs exist like not for profit hospitals, etc, but this should be the norm. Why do these BIG companies need to make a profit off of illness, etc? How about co-opts, where folks can pool their money like big corporations, unions, etc, and get cheaper rates? Why is a single person more expensive to cover? It seems I am migrating to the thought of, I guess, a single payer..... Take private companies that make $$$$$$$ out of this equation. Insurance is based on liability, like in a car, you hope you don't need it. Healthcare ALL of us WILL need it...... We don't need to prop up a GIANT industry off of that burden too, that is EXTORTION >:( Tell me where I'm wrong? Please don't tell me it will curb new technology...... Man is too VAIN, he wants to live forever. That argument is like a dope pusher telling you the drug won't hook you. |
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Title: Re: More on medical insurance..... Post by T And T Garage on 07/19/17 at 08:46:43 44574F52574151360 wrote:
Well founded, well put!! Great questions ray! (I have no answers, unfortunately...) |
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Title: Re: More on medical insurance..... Post by raydawg on 07/19/17 at 09:10:42 I am thinking the whole insurance industry is just one BIG friggin Vegas gambling game, LEGALIZED. |
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Title: Re: More on medical insurance..... Post by MShipley on 07/19/17 at 11:38:48 Wow, Raydawg, when did you move so far to the left. Remember the Government runs the VA......how is that working? |
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Title: Re: More on medical insurance..... Post by raydawg on 07/19/17 at 12:12:37 I think you view things through your own perceptions. I know the government has a lousy track record, however, we still hold TRUMP ( pun intended ) as we can vote, if we can unite together on that fact, and fire those elected who only feather their own beds and become puppets to the forces in DC, etc. We will never attain that if we assign, as you did to me, a name with connotations. Let's debate in merit, and try new ideas, admit failures, move on. You should know how devious and coy Satan is, do not dance to his tune thinking his way is true because of arguments in the flesh. |
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Title: Re: More on medical insurance..... Post by Trippah on 07/19/17 at 20:41:37 Well, the big insurance companies raise money not only by their insurance premiums, but by selling stock shares. If you take the ins co's out of the system, wouldn't the amount presently being made by investor buying stocks as well as the ins co's investment; wouldn't all that have to be made up by taxes? :-/ |
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Title: Re: More on medical insurance..... Post by WebsterMark on 07/20/17 at 05:34:52 Tell me where I'm wrong? Please don't tell me it will curb new technology...... It will curb new technology. That's an unfortunate reality. Don't believe me? Tell me what new developments are produced from research done and with a singular market directed towards VA hospitals? How many new and useful drugs are being developed in Syria nowdays? Venezuela? Hell, even Russia?.................crickets. Profit drives technology. Profit saves lives. In 1961, my twin brother died of a staph infection. In 1987, my 1 year old son contracted a strain of meningitis, spent a few days in an isolation room and came out of everything just fine. Had I and my brother been born in 1987, he'd be alive today. The difference between 1961 and 1987 was technological advancements by companies seeking profits. That's the reality. Take that away, and we all lose. Don't be envious of the rich. Live your own life. Enact logical controls that prevent fraud etc, but don't be so foolish as to think you can put roadblocks up to profits and yet expect the same level of the pursuit of technology gains. Healthcare in the US is a difficult beast to figure out, but don't bite off your nose to spite your face. |
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Title: Re: More on medical insurance..... Post by Serowbot on 07/20/17 at 06:15:16 You're comparing us the Syria, Venezuela?... How about England, France, Germany?... I'd bet there are more medical innovations come from Europe than the US... |
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Title: Re: More on medical insurance..... Post by WebsterMark on 07/20/17 at 06:37:21 You're comparing us the Syria, Venezuela?... No I'm not comparing us to them! How obtuse are you?! I just hate it when people take examples out of context to deflect. Did I say the US is just like Syria? Did I? No. Don't be an idiot. The US is the marketplace where those innovations are being targeted because its where the money is made. We "subsidize" the industry and everyone else benefits which I think is great. Without that, technological advancements slows. That's a simple, logical fact. |
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Title: Re: More on medical insurance..... Post by WebsterMark on 07/20/17 at 06:45:41 I have to leave in a minute, so I didn't research this well, but quickly found this. Regardless of how accurate this is, pharmaceutical companies sell their products to prosperous nations where they can make money. Single payer, government run healthcare has little motivation to innovate. This is no different that what I face everyday at work. Large companies outsource procurement to entities who justify their fees by lowering the initial cost. Innovative products which have the potential to lower overall cost and improve performance have a difficult time getting past this narrow minded thinking because of the upfront cost. https://www.statista.com/statistics/272181/world-pharmaceutical-sales-by-region/ |
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Title: Re: More on medical insurance..... Post by justin_o_guy2 on 07/20/17 at 06:48:27 That's a cheap way to pretend you're the idiot. |
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Title: Re: More on medical insurance..... Post by Serowbot on 07/20/17 at 06:49:35 1C2E29383F2E39062A39204B0 wrote:
Gee well,.. I'll try... Still,.. why choose Syria as an example?... Is that not an idiotic comparison?... Does Syria even have a pharmaceutical lab?... If it did it's rubble... |
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Title: Re: More on medical insurance..... Post by Eegore on 07/20/17 at 08:21:23 I agree that we would have much less advancement in medical care if it was non-profit. These Large-Pharma companies can lose millions in investment on a drug if it cant pass clinical trials. If they can't re-make that lost money then its just another bankrupt company putting some of the leading minds in the industry out on the job search again. If I give a hundred thousand to a cancer research group they have exactly that to work with, but if they are allowed to invest that money they will have more than I donated to fund research. The problem is corruption, not the method. |
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Title: Re: More on medical insurance..... Post by WebsterMark on 07/25/17 at 05:29:54 4A5C4B564E5B564D390 wrote:
I was reading this morning, ran across this article and recalled this thread from last week. Yes, single payer with kill innovation in healthcare. http://www.washingtonexaminer.com/single-payer-would-be-a-nightmare-for-americans/article/2629120 In the 1970s, four European countries developed more than half of the world's medicines. But since they imposed price controls on drugs, those countries now invent only one-third of medicines. The United States, by contrast, developed nearly 60 percent of the world's new drugs between 2001 and 2010 |
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Title: Re: More on medical insurance..... Post by pg on 07/25/17 at 06:50:15 7365726F77626F74000 wrote:
Fewer rights, less free speech, no guns, outright socialism, hey, it is only a short plane ride away..... Best regards, |
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Title: Re: More on medical insurance..... Post by Trippah on 07/25/17 at 10:15:13 well, not to rain on anyone's drama, but the big Pharma companies are mostly international in structure. They will have labs all over, but will bring forth new meds in a location that provides the lowest taxes. If the US taxes at 30% and The United Kingdom at 70%, I'm trying to figure out which would I choose to pretend was the location of the new drug's birth. ;D ;D ;D AS tWEETY said , "WHO KNEW HEALTHCARE WAS SO COMPLEX? |
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Title: Re: More on medical insurance..... Post by WebsterMark on 07/25/17 at 10:24:41 Where the majority of the consumers are located is a critical piece of the puzzle. |
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Title: Re: More on medical insurance..... Post by raydawg on 07/25/17 at 10:45:05 6F49524B4B5A533B0 wrote:
Trippah, you seem to know a lot about this issue. Could you give us a thumbnail sketch as to how we came to this junction, and what is most likely the best possible outcome? If not, that's cool, it is after all, complex :D Thanks! |
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