Some Dutch guy wants to legally change of age

[SG854]

Unfortunately the problem isn't just insurance companies, it's also private hospitals (and doctors) overcharging for everything little thing. A public option is needed to drive down costs, as the government (under Democrats) is the only entity left willing to negotiate lower-priced drug/treatment options.

The Adam Ruins Everything episode on healthcare is quite informative.

I’ll check Adams video later.

But from what I know you can’t impose price control, it has a bad track record no matter time period or history.

Keeping prices lower then would be under supply and demand produces shortages, quality deterioration, and black markets whether it’s gas, housing, food, medicine or anything else.

People use more of something and throw it away like it’s nothing, for things they perceive to be cheap or free. This creates longer lines, longer wait times and less for everyone else.

We not only have to worry about the greed of buisnesss, we also have to worry about the greed of the consumer using too much and leaving less for everyone else. Resources are limited, we don’t live in the garden of eden. So we have to use those resources efficiently.

 

[Xzi]

I’ll check Adams video later.

But from what I know you can’t impose price control, it has a bad track record no matter time period or history.

Keeping prices lower then would be under supply and demand produces shortages, quality deterioration, and black markets whether it’s gas, housing, food, medicine or anything else.

People use more of something and throw it away like it’s nothing, for things they perceive to be cheap or free. This creates longer lines, longer wait times and less for everyone else.

We not only have to worry about the greed of buisnesss, we also have to worry about the greed of the consumer using too much and leaving less for everyone else. Resources are limited, we don’t live in the garden of eden. So we have to use those resources efficiently.

I'm aware that things cost money. That doesn't make it okay for hospitals to charge you $50 for something that cost them $5. Nor does gaining insurance mean a person is going to require more hospital visits than they would have anyway.

 

[SG854]

I'm aware that things cost money. That doesn't make it okay for hospitals to charge you $50 for something that cost them $5. Nor does gaining insurance mean a person is going to require more hospital visits than they would have anyway.

I saw Adams video. He confirmed the thing I said which was that we use to pay cheaper prices when we payed doctors directly years ago, then it became more expensive when insurance companies got involved.

In order to impose price controls government would have to not set it too low to create the negative consequences I mentioned. The question is can government properly do that? History has shown a bad track record on this. And is it beneficial to give monopoly control to the government?

From what I know we have to pay not only cost of production but also for R&D which is up in the millions. You would have to calculate the cost for that to price the drugs right.

We also have a large amount of Canadians coming to our Country and paying for our health care for something they can get free in Canada, (among them is the premier of Quebec), then the other way around. And many Canadian doctors practice in the U.S. We would have to see what we are doing better then they are while fixing the problems we have.

 

[Xzi]

In order to impose price controls government would have to not set it too low to create the negative consequences I mentioned. The question is can government properly do that? History has shown a bad track record on this. And is it beneficial to give monopoly control to the government?

They already negotiate lower prices for Medicare/Medicade. Also they don't have to eliminate private insurance altogether, as private insurance will have to lower their prices to compete with a public option/guarantee anyway.

 

[KingVamp]

Unfortunately the problem isn't just insurance companies, it's also private hospitals (and doctors) overcharging for everything little thing. A public option is needed to drive down costs, as the government (under Democrats) is the only entity left willing to negotiate lower-priced drug/treatment options.

From what I understand, public option isn't enough. We need a NHS like the UK and they still have private services.

 

[Xzi]

From what I understand, public option isn't enough. We need a NHS like the UK and they still have private services.

Right. My preference is guaranteed Medicare if you don't have another provider or can't afford one.

 

[SG854]

They already negotiate lower prices for Medicare/Medicade. Also they don't have to eliminate private insurance altogether, as private insurance will have to lower their prices to compete with a public option/guarantee anyway.

In Adams video he says after the rise of insurance companies hospital billing got complicated. Private insurance makes things more expensive since more people to pay that are involved.

He also states that the reason for the chargemaster was because they were demanding discounts to begin with which hospitals couldn’t afford. Which will lead to a degrade in medical care. So they came up with something to make them happy and not degrade care.

A chapter in the book applied economics of medical care by Thomas Sowell, he explains also other reasons why it’s expensive which is beyond what Adam mentioned.

Malpractice insurance is expensive in the U.S. so costs are passed on to the payer. Also doctors can sued for little things that are beyond their control, so that leads them to do unessesary precautions like more scans or unneeded c sections which makes it more expensive.

They are also not comparing apples to apples when compared to European countries. Differences in how we collect statistics, excluding certain things in data comparisons, not counting hidden costs makes it seem like U.S. does worse. They are comparing apples to oranges.

http://leeconomics.com/00-Sowell-EconomicsMedicalCare.html

 

[Noctosphere]

BTW, the CAQ wants to reduce waitting in urgencies
I hope he will introduce the moderator ticket
that way it won't be free anymore for those who there for no urgency

 

[Xzi]

He also states that the reason for the chargemaster was because they were demanding discounts to begin with which hospitals couldn’t afford. Which will lead to a degrade in medical care. So they came up with something to make them happy and not degrade care.

I'm not suggesting that they shouldn't be allowed to make any profit, but if a hospital can't manage decent care at two times the cost of products/services rendered to patients instead of ten times the cost, it's probably not worth artificially propping that hospital up. They're too inefficient and should be replaced by a competitor at that point.

I also completely disagree with the notion that higher prices automatically equate to better care. Healthcare in the US is no better than what you receive in Canada or Europe. In fact I'd say the focus on the profit motive makes doctors and healthcare workers less caring and less attentive overall. Gauze is gauze and antibiotics are antibiotics, nobody should be charged hundreds or thousands of dollars for basics like these.

 

[Captain_N]

I think this Dutch guy identifies as a dumb ass. His pronoun will be daz....

 

[Saiyan Lusitano]

It's a case of how one identifies vs reality. Nothing really new, so in a way I hope he gets his way to make his point and show how ridiculous the system has become.

There was a man in the news who identified as a child so this isn't as bad. lol