OT: Wealth Redistribution Experiment

[bubba99]

The solution to health care is relatively simple – redefine the role of doctor, and pubicly fund it.

For 80% of all medical procedures/visits, a nurse practicioner is adequately trained. 10 years of med school and residency is not required to set a simple fracture, or treat a cold. Reduce the investment in “Dr.” and reduce the price.

Private medical insurance has not lived up to the high ideals of “privatization”. We have seen no innovation, no cost reductions through productivity increases, nor any capital efficiencies pushed into the industry. Each year we are seeing cost increases of 25% and more. This is hardly a great track record. The state could not be any worse.

When you start to look at the embedded capital costs created by privatization of true “Non-profit charitable Hospitals” you see where the giant increases in costs comming from. As a child I broke my arm. The doctor at the hospital emergency room set it and put on a cast after x-rays at a total cost of $100.19. This was done at a church hospital run by nurse/nuns Recently when my nephew did the same, the cost was closer to $10,000.00 The hospital for my nephews treatment was a former community hospital sold to Blue Cross, then resold three more times to “Private” non-profit entities owned by Caremark among others. Each time the “profit center” was repriced upwards creating new debt to be loaded on the “non-profit” entity. The end result, 25% year over year price increase to service un-necessary capital ocsts.

[meadandale]

It’s funny. Everyone wants free education and free healthcare; when’s the last time you REALLY appreciated something you got for free?

Free education? Who cares if you don’t study or get crappy grades? You’re not paying for it. No parent’s can nag you to do better in school or they’ll cut off their funding. There’s no incentive to accel. I know that when I was paying my tuition in grad school that I paid a hell of a lot more attention in class than when I was in school as an undergrad and was getting loans and grants. Something about having to sit down and write those multi-thousand dollar checks shocks you into reality. I wanted my fricken money’s worth.

Similarly, since I am paying for my own health insurance now (full freight) and have a high deductible health plan to qualify for an HSA, I pay the whole nut on doctors visits, not some $10 copay. As such, I don’t waste my time and money (as well as the doctor’s) going to see him if I have a cold or flu…unless it degenerates into something more serious or doesn’t go away within a week or two. If he prescribes something that won’t help me get better faster or is solely for ‘pain’ or something else, I have to weigh whether I can live with the pain until I’m better or if it is worth $50 for the prescription because I’ll be paying for the whole thing.

In other words, when you are spending your own money, you tend to be a little more discriminating than when you are either a) spending someone else’s money or b) getting something for free.

More than anything, I feel that people need to have some ‘skin in the game’ with regards to these things or they’ll typically abuse them.

And, frankly, if you can afford to have a flat screen tv, $100 sneakers and $200 jeans, you can usually afford to buy health insurance, if that’s your priority. I see way too many people complaining that they can’t afford health insurance; it’s not that they can’t afford it, it’s that they’d just rather spend the money on other things. Yeah, me too. I’d rather spend my money on other things than paying for your health insurance because you have different priorities.

[meadandale]

It’s funny. Everyone wants free education and free healthcare; when’s the last time you REALLY appreciated something you got for free?

Free education? Who cares if you don’t study or get crappy grades? You’re not paying for it. No parent’s can nag you to do better in school or they’ll cut off their funding. There’s no incentive to accel. I know that when I was paying my tuition in grad school that I paid a hell of a lot more attention in class than when I was in school as an undergrad and was getting loans and grants. Something about having to sit down and write those multi-thousand dollar checks shocks you into reality. I wanted my fricken money’s worth.

Similarly, since I am paying for my own health insurance now (full freight) and have a high deductible health plan to qualify for an HSA, I pay the whole nut on doctors visits, not some $10 copay. As such, I don’t waste my time and money (as well as the doctor’s) going to see him if I have a cold or flu…unless it degenerates into something more serious or doesn’t go away within a week or two. If he prescribes something that won’t help me get better faster or is solely for ‘pain’ or something else, I have to weigh whether I can live with the pain until I’m better or if it is worth $50 for the prescription because I’ll be paying for the whole thing.

In other words, when you are spending your own money, you tend to be a little more discriminating than when you are either a) spending someone else’s money or b) getting something for free.

More than anything, I feel that people need to have some ‘skin in the game’ with regards to these things or they’ll typically abuse them.

And, frankly, if you can afford to have a flat screen tv, $100 sneakers and $200 jeans, you can usually afford to buy health insurance, if that’s your priority. I see way too many people complaining that they can’t afford health insurance; it’s not that they can’t afford it, it’s that they’d just rather spend the money on other things. Yeah, me too. I’d rather spend my money on other things than paying for your health insurance because you have different priorities.

[meadandale]

It’s funny. Everyone wants free education and free healthcare; when’s the last time you REALLY appreciated something you got for free?

Free education? Who cares if you don’t study or get crappy grades? You’re not paying for it. No parent’s can nag you to do better in school or they’ll cut off their funding. There’s no incentive to accel. I know that when I was paying my tuition in grad school that I paid a hell of a lot more attention in class than when I was in school as an undergrad and was getting loans and grants. Something about having to sit down and write those multi-thousand dollar checks shocks you into reality. I wanted my fricken money’s worth.

Similarly, since I am paying for my own health insurance now (full freight) and have a high deductible health plan to qualify for an HSA, I pay the whole nut on doctors visits, not some $10 copay. As such, I don’t waste my time and money (as well as the doctor’s) going to see him if I have a cold or flu…unless it degenerates into something more serious or doesn’t go away within a week or two. If he prescribes something that won’t help me get better faster or is solely for ‘pain’ or something else, I have to weigh whether I can live with the pain until I’m better or if it is worth $50 for the prescription because I’ll be paying for the whole thing.

In other words, when you are spending your own money, you tend to be a little more discriminating than when you are either a) spending someone else’s money or b) getting something for free.

More than anything, I feel that people need to have some ‘skin in the game’ with regards to these things or they’ll typically abuse them.

And, frankly, if you can afford to have a flat screen tv, $100 sneakers and $200 jeans, you can usually afford to buy health insurance, if that’s your priority. I see way too many people complaining that they can’t afford health insurance; it’s not that they can’t afford it, it’s that they’d just rather spend the money on other things. Yeah, me too. I’d rather spend my money on other things than paying for your health insurance because you have different priorities.

[meadandale]

It’s funny. Everyone wants free education and free healthcare; when’s the last time you REALLY appreciated something you got for free?

Free education? Who cares if you don’t study or get crappy grades? You’re not paying for it. No parent’s can nag you to do better in school or they’ll cut off their funding. There’s no incentive to accel. I know that when I was paying my tuition in grad school that I paid a hell of a lot more attention in class than when I was in school as an undergrad and was getting loans and grants. Something about having to sit down and write those multi-thousand dollar checks shocks you into reality. I wanted my fricken money’s worth.

Similarly, since I am paying for my own health insurance now (full freight) and have a high deductible health plan to qualify for an HSA, I pay the whole nut on doctors visits, not some $10 copay. As such, I don’t waste my time and money (as well as the doctor’s) going to see him if I have a cold or flu…unless it degenerates into something more serious or doesn’t go away within a week or two. If he prescribes something that won’t help me get better faster or is solely for ‘pain’ or something else, I have to weigh whether I can live with the pain until I’m better or if it is worth $50 for the prescription because I’ll be paying for the whole thing.

In other words, when you are spending your own money, you tend to be a little more discriminating than when you are either a) spending someone else’s money or b) getting something for free.

More than anything, I feel that people need to have some ‘skin in the game’ with regards to these things or they’ll typically abuse them.

And, frankly, if you can afford to have a flat screen tv, $100 sneakers and $200 jeans, you can usually afford to buy health insurance, if that’s your priority. I see way too many people complaining that they can’t afford health insurance; it’s not that they can’t afford it, it’s that they’d just rather spend the money on other things. Yeah, me too. I’d rather spend my money on other things than paying for your health insurance because you have different priorities.

[meadandale]

It’s funny. Everyone wants free education and free healthcare; when’s the last time you REALLY appreciated something you got for free?

Free education? Who cares if you don’t study or get crappy grades? You’re not paying for it. No parent’s can nag you to do better in school or they’ll cut off their funding. There’s no incentive to accel. I know that when I was paying my tuition in grad school that I paid a hell of a lot more attention in class than when I was in school as an undergrad and was getting loans and grants. Something about having to sit down and write those multi-thousand dollar checks shocks you into reality. I wanted my fricken money’s worth.

Similarly, since I am paying for my own health insurance now (full freight) and have a high deductible health plan to qualify for an HSA, I pay the whole nut on doctors visits, not some $10 copay. As such, I don’t waste my time and money (as well as the doctor’s) going to see him if I have a cold or flu…unless it degenerates into something more serious or doesn’t go away within a week or two. If he prescribes something that won’t help me get better faster or is solely for ‘pain’ or something else, I have to weigh whether I can live with the pain until I’m better or if it is worth $50 for the prescription because I’ll be paying for the whole thing.

In other words, when you are spending your own money, you tend to be a little more discriminating than when you are either a) spending someone else’s money or b) getting something for free.

More than anything, I feel that people need to have some ‘skin in the game’ with regards to these things or they’ll typically abuse them.

And, frankly, if you can afford to have a flat screen tv, $100 sneakers and $200 jeans, you can usually afford to buy health insurance, if that’s your priority. I see way too many people complaining that they can’t afford health insurance; it’s not that they can’t afford it, it’s that they’d just rather spend the money on other things. Yeah, me too. I’d rather spend my money on other things than paying for your health insurance because you have different priorities.

[gandalf]

manmom, I think this is right on target. Excellent approach to the healthcare problem. Wish it would received more consideration.

With regards to the ‘Obama is a socialist’ line being explored here, would any of the GOP types on this board like to explain the difference between socialism and government re-distribution of oil revenues in Alaska?

Hard to reconcile the contradictions, isn’t it?

[gandalf]

manmom, I think this is right on target. Excellent approach to the healthcare problem. Wish it would received more consideration.

With regards to the ‘Obama is a socialist’ line being explored here, would any of the GOP types on this board like to explain the difference between socialism and government re-distribution of oil revenues in Alaska?

Hard to reconcile the contradictions, isn’t it?

[gandalf]

manmom, I think this is right on target. Excellent approach to the healthcare problem. Wish it would received more consideration.

With regards to the ‘Obama is a socialist’ line being explored here, would any of the GOP types on this board like to explain the difference between socialism and government re-distribution of oil revenues in Alaska?

Hard to reconcile the contradictions, isn’t it?

[gandalf]

manmom, I think this is right on target. Excellent approach to the healthcare problem. Wish it would received more consideration.

With regards to the ‘Obama is a socialist’ line being explored here, would any of the GOP types on this board like to explain the difference between socialism and government re-distribution of oil revenues in Alaska?

Hard to reconcile the contradictions, isn’t it?

[gandalf]

manmom, I think this is right on target. Excellent approach to the healthcare problem. Wish it would received more consideration.

With regards to the ‘Obama is a socialist’ line being explored here, would any of the GOP types on this board like to explain the difference between socialism and government re-distribution of oil revenues in Alaska?

Hard to reconcile the contradictions, isn’t it?

[jficquette]

[quote=bubba99]The solution to health care is relatively simple – redefine the role of doctor, and pubicly fund it.

For 80% of all medical procedures/visits, a nurse practitioner is adequately trained. 10 years of med school and residency is not required to set a simple fracture, or treat a cold. Reduce the investment in “Dr.” and reduce the price.

Private medical insurance has not lived up to the high ideals of “privatization”. We have seen no innovation, no cost reductions through productivity increases, nor any capital efficiencies pushed into the industry. Each year we are seeing cost increases of 25% and more. This is hardly a great track record. The state could not be any worse.

When you start to look at the embedded capital costs created by privatization of true “Non-profit charitable Hospitals” you see where the giant increases in costs comming from. As a child I broke my arm. The doctor at the hospital emergency room set it and put on a cast after x-rays at a total cost of $100.19. This was done at a church hospital run by nurse/nuns Recently when my nephew did the same, the cost was closer to $10,000.00 The hospital for my nephews treatment was a former community hospital sold to Blue Cross, then resold three more times to “Private” non-profit entities owned by Caremark among others. Each time the “profit center” was repriced upwards creating new debt to be loaded on the “non-profit” entity. The end result, 25% year over year price increase to service un-necessary capital ocsts.

[/quote]

I go to a PA and the one I go to has excellent skills. You would have to limit malpractice suits because if you give primary health care for routine matters over to PA’s then they will begin to get sued as Docs are now. We have to get the lawyers out of health care if we ever want the costs to be reasonable.

I say do away with insurance, get rid of lawyers and let the Docs compete on price and service.

I had disc surgery in 2001 on my lower back. I had no insurance. The Doctor had his secretary call around and get bids on use of an operating room and a 24 hour stay. I got the MRI at half price because I paid cash and the Anethesologist also gave me half off since I paid him up front. The Orthopaedic did it for $2k, the fee under insurance would have been $5k.

All total the operation cost $6750. It was $3350 for the room. When I paid the clerk upon admittance she told me that I would be getting a bill for $10k in the mail because that is what they would have billed the insurance company had I had insurance.

If I had paid insurance rates the whole thing would have been around $20k.

I say just let everyone compete and get rid of the stupid lawsuits and insurance companies.

John

[jficquette]

[quote=bubba99]The solution to health care is relatively simple – redefine the role of doctor, and pubicly fund it.

For 80% of all medical procedures/visits, a nurse practitioner is adequately trained. 10 years of med school and residency is not required to set a simple fracture, or treat a cold. Reduce the investment in “Dr.” and reduce the price.

Private medical insurance has not lived up to the high ideals of “privatization”. We have seen no innovation, no cost reductions through productivity increases, nor any capital efficiencies pushed into the industry. Each year we are seeing cost increases of 25% and more. This is hardly a great track record. The state could not be any worse.

When you start to look at the embedded capital costs created by privatization of true “Non-profit charitable Hospitals” you see where the giant increases in costs comming from. As a child I broke my arm. The doctor at the hospital emergency room set it and put on a cast after x-rays at a total cost of $100.19. This was done at a church hospital run by nurse/nuns Recently when my nephew did the same, the cost was closer to $10,000.00 The hospital for my nephews treatment was a former community hospital sold to Blue Cross, then resold three more times to “Private” non-profit entities owned by Caremark among others. Each time the “profit center” was repriced upwards creating new debt to be loaded on the “non-profit” entity. The end result, 25% year over year price increase to service un-necessary capital ocsts.

[/quote]

I go to a PA and the one I go to has excellent skills. You would have to limit malpractice suits because if you give primary health care for routine matters over to PA’s then they will begin to get sued as Docs are now. We have to get the lawyers out of health care if we ever want the costs to be reasonable.

I say do away with insurance, get rid of lawyers and let the Docs compete on price and service.

I had disc surgery in 2001 on my lower back. I had no insurance. The Doctor had his secretary call around and get bids on use of an operating room and a 24 hour stay. I got the MRI at half price because I paid cash and the Anethesologist also gave me half off since I paid him up front. The Orthopaedic did it for $2k, the fee under insurance would have been $5k.

All total the operation cost $6750. It was $3350 for the room. When I paid the clerk upon admittance she told me that I would be getting a bill for $10k in the mail because that is what they would have billed the insurance company had I had insurance.

If I had paid insurance rates the whole thing would have been around $20k.

I say just let everyone compete and get rid of the stupid lawsuits and insurance companies.

John

[jficquette]

[quote=bubba99]The solution to health care is relatively simple – redefine the role of doctor, and pubicly fund it.

For 80% of all medical procedures/visits, a nurse practitioner is adequately trained. 10 years of med school and residency is not required to set a simple fracture, or treat a cold. Reduce the investment in “Dr.” and reduce the price.

Private medical insurance has not lived up to the high ideals of “privatization”. We have seen no innovation, no cost reductions through productivity increases, nor any capital efficiencies pushed into the industry. Each year we are seeing cost increases of 25% and more. This is hardly a great track record. The state could not be any worse.

When you start to look at the embedded capital costs created by privatization of true “Non-profit charitable Hospitals” you see where the giant increases in costs comming from. As a child I broke my arm. The doctor at the hospital emergency room set it and put on a cast after x-rays at a total cost of $100.19. This was done at a church hospital run by nurse/nuns Recently when my nephew did the same, the cost was closer to $10,000.00 The hospital for my nephews treatment was a former community hospital sold to Blue Cross, then resold three more times to “Private” non-profit entities owned by Caremark among others. Each time the “profit center” was repriced upwards creating new debt to be loaded on the “non-profit” entity. The end result, 25% year over year price increase to service un-necessary capital ocsts.

[/quote]

I go to a PA and the one I go to has excellent skills. You would have to limit malpractice suits because if you give primary health care for routine matters over to PA’s then they will begin to get sued as Docs are now. We have to get the lawyers out of health care if we ever want the costs to be reasonable.

I say do away with insurance, get rid of lawyers and let the Docs compete on price and service.

I had disc surgery in 2001 on my lower back. I had no insurance. The Doctor had his secretary call around and get bids on use of an operating room and a 24 hour stay. I got the MRI at half price because I paid cash and the Anethesologist also gave me half off since I paid him up front. The Orthopaedic did it for $2k, the fee under insurance would have been $5k.

All total the operation cost $6750. It was $3350 for the room. When I paid the clerk upon admittance she told me that I would be getting a bill for $10k in the mail because that is what they would have billed the insurance company had I had insurance.

If I had paid insurance rates the whole thing would have been around $20k.

I say just let everyone compete and get rid of the stupid lawsuits and insurance companies.

John

[jficquette]

[quote=bubba99]The solution to health care is relatively simple – redefine the role of doctor, and pubicly fund it.

For 80% of all medical procedures/visits, a nurse practitioner is adequately trained. 10 years of med school and residency is not required to set a simple fracture, or treat a cold. Reduce the investment in “Dr.” and reduce the price.

Private medical insurance has not lived up to the high ideals of “privatization”. We have seen no innovation, no cost reductions through productivity increases, nor any capital efficiencies pushed into the industry. Each year we are seeing cost increases of 25% and more. This is hardly a great track record. The state could not be any worse.

When you start to look at the embedded capital costs created by privatization of true “Non-profit charitable Hospitals” you see where the giant increases in costs comming from. As a child I broke my arm. The doctor at the hospital emergency room set it and put on a cast after x-rays at a total cost of $100.19. This was done at a church hospital run by nurse/nuns Recently when my nephew did the same, the cost was closer to $10,000.00 The hospital for my nephews treatment was a former community hospital sold to Blue Cross, then resold three more times to “Private” non-profit entities owned by Caremark among others. Each time the “profit center” was repriced upwards creating new debt to be loaded on the “non-profit” entity. The end result, 25% year over year price increase to service un-necessary capital ocsts.

[/quote]

I go to a PA and the one I go to has excellent skills. You would have to limit malpractice suits because if you give primary health care for routine matters over to PA’s then they will begin to get sued as Docs are now. We have to get the lawyers out of health care if we ever want the costs to be reasonable.

I say do away with insurance, get rid of lawyers and let the Docs compete on price and service.

I had disc surgery in 2001 on my lower back. I had no insurance. The Doctor had his secretary call around and get bids on use of an operating room and a 24 hour stay. I got the MRI at half price because I paid cash and the Anethesologist also gave me half off since I paid him up front. The Orthopaedic did it for $2k, the fee under insurance would have been $5k.

All total the operation cost $6750. It was $3350 for the room. When I paid the clerk upon admittance she told me that I would be getting a bill for $10k in the mail because that is what they would have billed the insurance company had I had insurance.

If I had paid insurance rates the whole thing would have been around $20k.

I say just let everyone compete and get rid of the stupid lawsuits and insurance companies.

John

[Author]

Posts