Re: OT: Health care in other countries

On Feb 26, 9:08 am, Jim Thompson <To-Email-Use-The-Envelope-I...@My-
Web-Site.com> wrote:
On Thu, 26 Feb 2009 16:21:09 GMT, James Arthur

<bogusabd...@xxxxxxxxxxx> wrote:

[snip]



Of course even if you behave yourself, you'll eventually
die of something.  Government doesn't fix that.  And
infinite $$ doesn't either.  Rich people die too.

In the U.S. government is the main reason for the high prices.
High taxes is what drove people to getting pay in the form
of insurance in the 1970's--income was taxed, insurance wasn't.
So tax evasion was the original motive.  Now, subsidies support
ever higher prices.

And nobody's spending their own money, so no one cares (or
even knows) how much anything costs.  There's a complete absence
of pricing feedback, no competition, and total insulation from
the effects of supply and demand.  Market forces are nil,
defeated by interventions.

[snip]

Medical pricing is all a hoax.

My experience is that Medicare pays about 30% of "list price", then my
supplemental policy pays maybe 15%-20% of list.  Then the account is
called "paid-in-full" ;-)

The "negotiated rates" crap is the biggest leverage that insurance
companies have and biggest reason it is so expensive to go self-
insured.


.

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