Re: Canadians, a couple of questions about health care
From: notritenoteri (caldasfire_at_hades.com)
Date: 12/29/04
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Date: Wed, 29 Dec 2004 16:27:02 -0500
where does the other 80% come from assuming say 20% does come from the
consumer. Are the insurance companies in the business to lose money?
"Kurt Ullman" <kurtullman@yahoo.com> wrote in message
news:tnmAd.11522$RH4.253@newsread1.news.pas.earthlink.net...
> In article <otr3t0t8r348u1bf7e8ecnnq31cm3uh54n@4ax.com>,
> nospam@pacbell.net wrote:
> >On Tue, 28 Dec 2004 19:33:12 GMT, kurtullman@yahoo.com (Kurt Ullman)
wrote:
> >
> >> Nonsense. The sky has limits, the problem is that almost
> >>80% of American Healthcare costs are NOT paid by the patient. So,
> >>when you get a buck worth of something for 20 cents you are gonna
> >>demand the whole enchilada and scream if you don't get it.
> >>
> >
> >Who pays it if not the patient.
> >
> In teh US mostly employers and to a lesser extent Mcare and
> MCaid.. Studies have shown consisently over the last 20 years at
> least (look at the yearly reports from the office of the Actuary of
> Medicare..although it looks at the entire HC system.. in Health
> Affairs magazine). The out-of-pocket expense for healthcare in the
> US (INCLUDING the o-o-p part of the insurance premiums) is less than
> 20%. For every dollar spent, only 20 cents comes directly from the
> person's pocket.
> Interesting side report. If you look at changes since '60 (when
> it was just over 50%) you will note that as the %age of o-o-p
> expense went down, the costs of healthcare as % of GDP went up.
>
> --
> Diplomacy- The art of telling someone to go to Hell in such a manner that
they
> actually look forward to the trip.
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