And WHY are health care costs so expensive in the first place? Because government got involved in a field where it has no business messing with. Remove government from health care entirely and the market forces will take over, making providers compete with each other, driving down costs.
Why is it that no one wants to talk about WHY costs are so high? Reduce federal overreach, get the feds out of the doctor-patient relationship, and let the market determine costs and prices.
Take a step back. What if healing is not the goal of Big Pharma?
Another step back. Who funds Science? Rich men? What if objectivity is not their goal? Do scientists stand up to this? Does big tech allow it to trend? The entire apparatus around Science is suspect.
Doctors and medicine are expensive because of insurance. With insurance, you don't have "price discovery." In other words, you don't shop around because the deductible is the same everywhere. For example, one of my prescriptions has a deductible of $10. It doesn't matter which drugstore I go to, it's still $10. Back before insurance, different stores had different prices, so you could shop around for the cheapest. The full price of that medicine 50 years ago was just $15. Now insurance claims that the full price is between $200 and $300. We are paying that full price through our insurance payments.
Insurance also adds to the expense of running a doctor's office. He has to hire bookkeepers and other staff to keep up with all the insurance filing and Medicare stuff. When I was a child, my doctor had a nurse and no one else. The doctor would tell my father that he was charging $10. My father would hand the doctor $10, and the doctor would put the $10 in his billfold. There was zero paperwork and thus no added expense.
Medical insurance should be similar to auto insurance. Auto insurance doesn't pay for wipers, tires, oil, etc., just for expensive accidents. Health insurance should be only for major medical problems, not colds or flu or simple broken bones and such.
And why is that? Not because we're such philanthropic people, it's because GOVERNMENT has dictated it. Again, get the government out of health care entirely and costs will come down. Let insurance agencies once again operate like they did in the 1950s, without government regulation.
In past years hospitals primarily were non profit, sponsored primarily by charitable and religious institutions. The big push to corporatize medicine into for profit institutions came with the promise of big dividends to the public in lowered medical costs. In those days hospitals and medical care was rated at around 3% of national GDP. Most recent estimates put it in the over 20% range of GDP
You are correct that if it were forced to respond to market forces, Costs would have actually dropped. But instead, it became the playground of pay offs and kick backs and and a bonanza of bribes to politicians.
Needless death and robbing the poor always find a way lining the pockets of the rich and powerful at the cost of everyone else.
And WHY are health care costs so expensive in the first place? Because government got involved in a field where it has no business messing with. Remove government from health care entirely and the market forces will take over, making providers compete with each other, driving down costs.
Why is it that no one wants to talk about WHY costs are so high? Reduce federal overreach, get the feds out of the doctor-patient relationship, and let the market determine costs and prices.
Take a step back. What if healing is not the goal of Big Pharma?
Another step back. Who funds Science? Rich men? What if objectivity is not their goal? Do scientists stand up to this? Does big tech allow it to trend? The entire apparatus around Science is suspect.
Doctors and medicine are expensive because of insurance. With insurance, you don't have "price discovery." In other words, you don't shop around because the deductible is the same everywhere. For example, one of my prescriptions has a deductible of $10. It doesn't matter which drugstore I go to, it's still $10. Back before insurance, different stores had different prices, so you could shop around for the cheapest. The full price of that medicine 50 years ago was just $15. Now insurance claims that the full price is between $200 and $300. We are paying that full price through our insurance payments.
Insurance also adds to the expense of running a doctor's office. He has to hire bookkeepers and other staff to keep up with all the insurance filing and Medicare stuff. When I was a child, my doctor had a nurse and no one else. The doctor would tell my father that he was charging $10. My father would hand the doctor $10, and the doctor would put the $10 in his billfold. There was zero paperwork and thus no added expense.
Medical insurance should be similar to auto insurance. Auto insurance doesn't pay for wipers, tires, oil, etc., just for expensive accidents. Health insurance should be only for major medical problems, not colds or flu or simple broken bones and such.
It’s expensive because we people with insurance pay for all these illegals and young people who choose not to work.
And why is that? Not because we're such philanthropic people, it's because GOVERNMENT has dictated it. Again, get the government out of health care entirely and costs will come down. Let insurance agencies once again operate like they did in the 1950s, without government regulation.
This ☝️
In past years hospitals primarily were non profit, sponsored primarily by charitable and religious institutions. The big push to corporatize medicine into for profit institutions came with the promise of big dividends to the public in lowered medical costs. In those days hospitals and medical care was rated at around 3% of national GDP. Most recent estimates put it in the over 20% range of GDP
You are correct that if it were forced to respond to market forces, Costs would have actually dropped. But instead, it became the playground of pay offs and kick backs and and a bonanza of bribes to politicians.
Needless death and robbing the poor always find a way lining the pockets of the rich and powerful at the cost of everyone else.