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Heh

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39 comments

Heh

POSTED: Thursday, January 10, 2013, 9:31 PM

Heh.

Will Bunch @ 9:31 PM Permalink | 39 comments

39 comments

Comments (39)

0 like this / 0 don't • Posted 1:27 PM, 01/11/2013

Montani,
You obviously missed the authors point. Most of the rise in health care costs' are because of the exclusive monopolies that medical care companies, health insurers and pharmaceutical companies enjoy in this countries. The reason why so many drugs are more expensive in other countries that they are here is because Big Pharma gets to cost shift their R&D on the backs of the American consumer. Because of their lobbying efforts they've been allowd to get away with it. And yes, politicians from both sides of the isle are in on it.

— Phishface

0 like this / 0 don't • Posted 1:46 PM, 01/11/2013

Solution?

— montani semper liberi

0 like this / 0 don't • Posted 1:42 PM, 01/11/2013

"Start with tort reform. Is there anything that drives costs more?" . . . . . Isn't that again a matter of shifting costs or burdens onto someone else, or ultimately the taxpayer? Rather than putting artificial limits or barriers to recovery for malpractice, I'd like to see a no-fault system. New Zealand is an interesting example. There's also the tricky question of the limits of Congress's power to reform tort law which has traditionally been within the exclusive power of the states, limited only by the Constitution's check on the states via the 14th Amendment and the incorporation of the Bill of Rights.

— montani semper liberi

0 like this / 0 don't • Posted 1:50 PM, 01/11/2013

Yeah, like I said, no one suggested it was a cure. A cure would have led to the PV of future assets and liabilities in the fund to balance. The passage of the ACA did not promise this. On the other hand, it crimped the growth rate (different from lowering costs). IF the admin. thinks it will lower costs, they need to rephrase. IT will lower the rate of growth. This of course is not a cure. Its math. Having phish state this is hilarious. Its unclear whether he understands principals of financial math.

— Murrayman

0 like this / 0 don't • Posted 3:18 PM, 01/11/2013

This was a pet peeve of mine on the ACA. Many people were claiming it would cut costs when in reality it will flatten the rate of growth in costs by increasing the pool of insured and extracting further efficiencies out of the healthcare system.

Deep down I believe the real issue with the ACA is that it will allow states to expand their Medicaid population, which you know, is welfare. Damn elderly and disabled folks with their healthcare needs.

— chasing history

0 like this / 0 don't • Posted 1:54 PM, 01/11/2013

"You obviously missed the authors point. Most of the rise in health care costs' are because of the exclusive monopolies that medical care companies, health insurers and pharmaceutical companies enjoy in this countries." Pure unadulterated nonsense - poppycock. The cost of procedures and fees for service are led by the reimbursement rate of insurers. Insurers see increasing risk due to the intensity of services being rendered. Services are rendered because people are unhealthy. If this is continued we are doomed - there is no legislating it out of existence. Medicare, through the ACA, will be able to better determine whether or not a course of reimbursement is warranted, based on previous outcomes. This will slow the rate of growth. It will not halt, or cure, the amount of growth rate of resources being demanded.

— Murrayman

0 like this / 0 don't • Posted 7:04 PM, 01/11/2013

Most of the dead industries in America have one thing in common. UNIONS. As for tort reform, bring back the Bush years, they received no quarter, not like the current adminstration where Lawyers, insurers and bankers make the money. You voted this way, own it.

— Fisher

0 like this / 0 don't • Posted 7:06 PM, 01/11/2013

wow high talk about tmi. the fact you know what it tastes like is way way more info than anyone should know.

— rysagr

0 like this / 0 don't • Posted 9:20 PM, 01/11/2013

" Rather than putting artificial limits or barriers to recovery for malpractice, I'd like to see a no-fault system." - What we have now drives costs up. If this can work, give it a shot! If they can make rules that says everyone has to have insurance, I'm sure they can start to work to find a way to put in some sort of relief to the high cost of malpractice insurance and to let doctors make sound medical judgements unaffected by so much 'just to be safe' (read CYA)thinking.

— elbrewador

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