@EddyFree:
Well put, but let me try it with medical insurance...When you're out living your life, and I'm out living mine, I have confidence that if you get sick, you'll have the resources available to compensate your healthcare provider so that they won't pass those costs on to me and everyone else.
Unless it is a life-threating situation, there is no cost because there is no free service provided.
Auto insurance protects my estate against loss in the event I cause an accident...Similarly, medical insurance protects my estate against loss in the event I need medical care...Using your logic (looking at it from the payee's perspective), auto insurance is protecting victims of accidents (payees) from failure to be compensated so it would stand to reason that medical insurance would be protecting hospitals/heathcare providers (payees) from failure to be compensated (a key reason cited for excessive healthcare costs)...Why would you be FOR MANDATING auto accident victims get compensated but AGAINST MANDATING heathcare providers get compensated?
Because of choice. If you hit me with your vehicle, I have no choice but to be in that accident. I do not have the opportunity to not be involved, once I AM involved. Hospitals have a choice - they do not have to treat those who do not have the ability to pay (unless it is life-threating). Hospitals have two reasons for not getting paid - bad debt, where they are expecting to get paid but don't get paid (under-insured patients); and charity, where they know from the onset that they will not get paid. Combined, this total amount is only about 5.8% of total expenses. (2006 numbers) Source. So, by completely eliminating BOTH charity and unpaid debt, which will not happen because you have a significant number of uninsured (illegal aliens, homeless, etc.) who will still not have health insurance, you have only decreased medical expenses by less than 6%. More likely it will be in the 3% range. As for protecting your estate, either from auto accident claims, or medical claims, again, that is your choice. And, in my opinion, it is a good choice. But, you do not have to do it.
I think you are reading way too much into the comment.
??? I am reading it that you are not happy with the fact that "a small group (with $$$) to have an alternative to paying premiums that a larger group must pay." And I am saying "Yes, that is the way it is".
I think the CBO has been equally criticized over the years by both parties...The quote of "It is not clear what specific policies the federal government can adopt to generate fundamental changes in the health system; that is, it is not clear what specific policies would translate the potential for significant cost savings into reality" doesn't specifically mention the affordable care act...Was the act specifically mentioned anywhere in the context or is this purely inference?
It specifically mentions the ACA. "Rising health costs will put tremendous pressure on the federal budget during the next few decades and beyond. In CBO’s judgment, the health legislation enacted earlier this year does not substantially diminish that pressure." and "Efforts to reduce costs increase the risk that people would not get some health care they need or would like to receive."Source
What I find interesting is at first there were cries of "Obamacare covers illegals", and now there are cries of "Obamacare doesn't cover illegals"...Now you are confusing me by taking exception to the fact that the Affordable Care Act explicitly excludes covering illegal immigrants, and then providing reasoning thus defending the exclusion?
I do not think that I ever said "Obamacare covers illegals". I am pretty sure that I never said that. And I am not complaining that Obamacare does not cover illegals. I agree with the decision to not cover illegals. What I am saying is that, with illegals not being covered by Obamacare, there are still 12+ million people in America, that will require some form of healthcare at some point, and they are not contributing to the payment of those costs because they are not insured. This goes to what I said above about "bad debt/charity" services provided by hospitals.
You gave me a link to a Google page, so I am not sure which page you are referring to, but I assume that it is the Huffington Post link. And, as I read it, the ranking includes the distribution of healthcare. As I said, this country has a problem with the distribution of healthcare services. And, as for the per capita spending, again, I do not know, but I think that some of the high costs of U.S. healthcare is driven by the unnecessary tests and procedures that we discussed earlier. I believe that allowing doctors to be doctors, without fear of risking their practice in a lawsuit, is what is happening in these other countries and should happen here.As I think about it, going back to what we discussed earlier about doctors having a "hammer" held over their heads, you hear nothing about medical malpractice lawsuits, or negligence suits in general, in other countries. What do they do? Are their doctors that much better than ours and they do not make mistakes? Or, do they have magical treatments, that only they have, that treats their patients? Or, do the people realize that the doctors are human, make mistakes, and that is part of life. Maybe, it is our "somebody must pay for my pain" attitude that is causing the problem.
I'll agree that the U.S. does still have the best Research and Development...I wouldn't say it was solely due to thirst for profits though as there is also government funding and you can't overlook academia (Universities and other non-profits).
There is still competition. Universities and companies compete like heck for government grants. They try to develop the newest, best and most revolutionary procedures to try and win funding.
Such as having insurance exchanges where individual companies are competing against each other for your premiums?
Yes. Exactly.
But do you think the Doctors and providers will just volunteer to be more efficient? What if it's inconvenient to them and/or they enjoy the status quo?
If it means maintaining or gaining patients, yes. They will lose patients, and hence revenue, if they are not running at the front of the pack.
"Medical Tourism" is becoming so common now that it's an industry, it travels both ways, and virtually any procedures are available. It may be the healthcare option of the future if nothing is done about costs here...The only thing worse than not getting paid, is not having "customers" to bill because they are all going over-seas for "affordable care".
I agree. I think most people believe that medical costs must be contained - including healthcare providers. The debate is how to do it. But, since everything else is becoming a world economy, maybe medical care has to also. You would not think twice about leaving Texas and going to Ohio (Cleveland Clinic) or Minnesota (Mayo Clinic) for a life-saving procedure, maybe in the future you will go to Switzerland or India.