Sometimes the combination of arrogance and ignorance is breathtaking. Yes, US health care has high admin costs; that's because it relies so much on private insurers. Govt-run health insurance has much lower overhead
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Burke-McGuire (SEC clawed bach 500M) -> Hemsley...? All recieved enormous stock options. 100'sssssM. 80's -> 2016?
They profit massively by managing all aspects of gov't subsidized health care, esp Medicare Advantage. United Health profit taking may be the single biggest drain in healthcare.
Do you think it's ignorance on his part or do you think he's just willfully misrepresenting this to the public for his own gain? What do you think is most likely here?
Mayne the other systems don't have so much overhead because they don't automatically decline to give care. Then they have to go back and forth, then to court, then probably ly pay for the cost of dying in the emergency room.
Yet admin costs nowhere near account for the disparity of US Health costs vs. other countries. They're a minor part of the problem. I believe both the cost of services and volume of services are higher in the US. Although a politically attractive target, admin costs are relatively insignificant.
It’s so well known that med facility owners cut corners to make a buck that it’s been a plot line in almost every single medical show that’s ever been produced in America.
That doesn't change the fact that the vast majority of increased costs in the United States versus Europe are due to increased costs of individual services as well as increased volume of services. Admin costs are not the reason American Healthcare is incredibly more expensive than Europe or Canada.
It all plays in equally, nothing is more or less true.
Admin costs ARE a part of the reason why our healthcare is so expensive. Also, stopgap healthcare methods, inadequate doctors in lower income areas, among many other things.
You're saying, "It all plays in equally, nothing is more or less true," demonstrates a lack of knowledge of economics. For example, 100 is not equal to 1. It clearly does not "all play in equally," as you claim. This is not a productive dialogue, and not worth continuing on my part.
Hard agree.
Do the American health insurers provide insurance or run a rigged lottery? Are they parasites, feeding off the sick and dying? Or service companies with customer concerns foremost in their minds?
As anyone with a dog or cat knows, parasites can be hard to banish.
It’s because each claim is handled three times by multiple people.
1-Dr submits
Ins denies
2-Dr inquires and resubmits
Ins delays
3-dr inquiries trying to justify patient needs
Ins defends decision
Patient suffers
Ins hopes they’ve run out the clock and patient either gives up or has died.
But isn't that what we do best in the U.S., turning misery into dollars? Since the rich are morally superior to the rest of us, I suppose it serves us right
Would like to see the Pete Peterson Institute people re-do this chart - one line for US private insurance and another for US public (Medicare Medicaid Vets etc)
That's what I was thinking. the VA would be a good comparison between private and state health care here in the US. The VA has come a long way, but probably be set back with the loss of Tester heading VA affairs, it's about to get grifty I'm sure.
How does the fact of the profit middleman/gatekeeper improve the point? Still extreme greed. I’ve been at war with health insurance, and I’m healthy, wealthy and educated. Ordinary folk must be suffering such that they feel they have little to lose by engaging in gun violence 🤷🏻♀️
#MedicareForAll will be designed like universal healthcare in all the other nearly 30 developed countries who have it. Not the same as the current one only available for the elderly
According to @rbreich.bsky.social we save $450 Billion by implementing Medicare For All instead of our privatized health insurance scam model. A dr’s opinion:
In fact the amount the usa spends on healthcare (mostly private) is enough to cover our total budget (per capita)
Kinda seems like with the exception of the military and national debt the USA could just keep its healthcare budget and pay for everything else (including healthcare) and a chunk more
don't worry he was just saying we are all cold blooded murderers because we think that our lives matter just as much as the CEOs and shareholders of these insurance companies.
Retired MD-still connected. In NYC feeling not well. Called my best friend-internist in Nova Scotia. Told me come home now. Next day seen at 8pm. Examined, CT scan, subdural hematoma. Immediate referral to neurosurgeon. Surgery, CT post op. Discharged. I’m fine. Cost…$0 except for plane tix.
New framing? We pay 10-20x more for every drug and Treatment! Why do our Politicians insist we subsidize all other Nations Drugs and Treatments! We are 55th for Health pay 3x as much for Care! Why do we pay 10-20x more $!
It must end NOW! Also GOP wants to end drug price negotiations! Wtf!🤬
I've been saying this for years. If they'd just stop the bullshit paper shuffling and just pay the damn claims it would be cheaper for everyone. Everything is so upside down and backwards.
I don’t think reducing our admin costs by $700 per person is going to solve our healthcare challenges when we’re already spending $14k per capita. Our bills aren’t 5% too high, they are 100% too high. Regulate costs for typical procedures!
It is arrogance, preying upon the ignorant. They know the truth. How they tell us to feel about it is all smoke and mirrors, and yes, the ignorant believe it.
you're just not gonna be able to defeat four years of lies that are coming, and then you'll deflate and become depressed.
better pace yourself; it seems americans aren't humble enough to admit russians stole their election so the only way to stop those four years from happening isn't gonna happen
wait? did you mean elon musk? I don't recognise any such person, for days now I have called the russian entity who stole the election trumpuskutin!
The three working together is how they stole it. Each of them alone would have a harder time doing it.
I mean that it's more than three people. Timothy Mellon, Sheldon Adelson, whichever of the Koch brothers isn't in hell yet, and many more. Candidates spent $16 billion this year.
Putin is a bit player. We need to worry about American oligarchs.
lol YOU worry about that all you want until the day when putin sets foot in ameircan soil for the first time ever and then you'll come hey ceu, you were right and I will wave to you as you're taken away to auschwitz, i mean guantanamo.
ME, I will worry about how the US has bases in my country.
Private-Insurers R Legal-Steelers, protected by law!
Most've become: Fortune-50???
MEDICARE-4-ALL
isn't a perfect answer, but it's a
better-solution!
It's a free-country,
if you wish to buy
private-supplement
& have the means,
go for it!
NO MORE HLTH-
INS tight to jobs...
that solution is🐎💩!
💡🤯
And perhaps it’s time for the U.S. to start depending on “it’s always been this way” and instead look at “okay, how are the other countries making this work better and billionaires be damned.”
that chart is only half the story - the obscenely high costs of healthcare in the US compared to other Western nations. The real kicker though is that we get far worse healthcare results for those obscene costs including years less - YEARS LESS of living and lower quality of living in comparison.
This is because our system is a for-profit system run for the benefit of shareholders. Any surprise that it has grown layers of administration the purpose of which is to deny paying out claims?
I suspect there was more arrogance than ignorance there: he probably sent out a chart about administrative costs precisely because it would mislead his ignorant acolytes.
That’s a pesky little fact that the rich cucks who own big pharma & all the insurance companies will never admit to. They’re interested in making money off of sick people, not healthcare. Exactly why health care for profit is a failure. It makes rich vultures richer & hurts sick & dying people.
Very expensive building a high-functioning team that can effectively screw people out of their medical coverage, regardless of the actual need... All those other countries don't seem to invest in those costs...
I work in out-patient physical therapy. Private insurance companies haven’t increased our pay us per service in over 20 years. Not just my clinic, all small businesses. There’s nothing we can do about it except not take insurance & charge patients out of pocket. I don’t wanna just treat the rich 😳
He has never had an idea in his Godforsaken life that was his..he hired great people and as soon as he did they changed to the idea-mens ideas, then he fired them..
Why do you think there was no design change on Teslas for 10 yrs..You can buy a 2008 car and it looks the same as a 2018.
In addition: patients are sent from one expert to the next, paying for each exam, only to have signs and symptoms treated with meds that are addictive or have hefty side effects. It takes forever to have the cause treated. Treat the cause, heal the patient. This will lower the costs and save time.
The main crux remains that government-run health insurance has the goal of providing healthcare.
Private healthcare companies have the goal of maximising profits - everything else being either a distant second objective or or an actual obstacle to goal #1 that the companies try to minimise.
And, in order to maximize profits they have to run
their companies efficiently. They can't run a deficit like the government does. My Medicare Advantage plan has free gym membership, $0 copay to see my doctor, $10 copay to see a specialist, OTC quarterly payout, labs are free, dental, vision. OM 🚫
That's the crux. They make the most profit by optimising their insurance base, ie. they want as much healthy and young people and are incencitise to exclude the old or people with chronic conditions thus forcing a second system that includes them (or we let those people die).
Basically the US model is by design the least effective and based on a logic which is literally counter to the goal of healthcare. Healthcare should not be first and foremost a for-profit initiative and the only way to provide that is to make sure it has a not-for-profit backbone.
Every time Sissy SpaceX opens his mouth or tweets, we get reminded he's not the genius he says he is, or even smart. He's just a rich arrogant sociopathic entitled snot-nosed Afrikaaner nazi who pays smart people to build his visions and then takes all the credit.
But the ability to bring on people that can, or hire someone that can give them insight on how to. All we get is it needs to be fixed, but nothing happens.
Your costs are high because your medical facilities are free to charge what they want for services. They know the insurance companies will pay it. You need set fees for procedures. Am I suggesting a form of socialized medicine? Yes. It works. Full disclosure - I am a Cdn living in Ontario.
That usually signifies an interrupted train of thought where you remember what you left off on but are too distracted by the interruption to notice you already got that word. The other variation is when you skip the word you remember leaving off on.
It’s odd that we seem to be reaching an inflection point on public vs private healthcare on eve of installing our first, official fascist kakistocracy.
Healthcare shouldnt be for-profit industry nor should it be non-profit with individuals making ridiculous sums of $$$. Hell, it shouldn't be considered an "industry". It should be about taking care of people & their well-being. Truly a shame that humanity has come down to pricetags on everything.
Canadians are incredulous watching Americans puzzling about their dysfunctional health care system. We have enjoyed public programs for long enough that our neighbours should have "caught on" long ago!
You can also have a functional private system in which the government caps prices to avoid price gouging on products/services with inelastic demand, fine healthcare providers that add nonsense charges to hospital bills (or charge them with fraud), etc etc
I don't think you can, unless you're a very special case of Switzerland with very high both minimal and median wage, and a very strong habit of extra-insuring yourself against many things.
Australia’s private system achieves something like this (but it’s optional; ever resident also has universal healthcare that’s tax-payer funded in proportion to income, reduced if you have private health cover).
Fair. It’s a pretty fundamental part of the picture. My point was that the most broken parts of America’s private system can be regulated away. Germany has a different flavour of private/hybrid healthcare (and to be clear, neither is without its problems).
I'm quite sure that indeed, there may be some low hanging fruits that a well thought (and indeed enforced) regulation would make better.
But I'm also quite sure that it will take less than a decade for those vulture healthcare companies to come up with schemes to work around those, ... 1/2
Not sure if that's the sole reason. Switzerland's (mandatory basic) health insurance is provided by 39 private insurance companies. Yet per capita admin overhead is roughly the same as in France.
16 years ago, Frontline did an episode called “Sick Around The World” comparing healthcare systems in different countries. EVERY system, whether solely public or hybridized with public controls was superior to, and cheaper than, the US healthcare system. We’ve made virtually no progress.
Fix the Fragmented Care Delivery Systems - Clinics, Hospitals, Dr’s and Specialists who refuse to coordinate, duplicate costs and endanger lives.
Ban Outsourced Services.
Standardize Procedure Costs.
Prosecute Theft.
Focus on Outcomes.
Include Health Maintenance.
I won't hold my breath on a billionaire trying to cut back on the multi million $ packages paid to top health care execs.
Elmo is trying to get a 55 BILLION package at Tesla so exec pay will not be touched.
It's so obvious the game being played, the folks who will lose are those who can't fight.
Just a few years ago, he was tweeting that he believed we should have a single pair of healthcare system. As he got richer, he decided he wanted other people to have a less and less.
Government funded health care runs the risk of not being funded.
Ask the UK how government funded health care is going.
We need better laws. It used to be health insurance cos we're non profits. Let's do that again along with stricter regs.
Capitalism. Doge is a fucking waste. Musk should return all of his subsidies that he took from the American people. Republicans will cut social security, Medicaid, and Medicare but do nothing to military budget or tax breaks for billionaires. Doge isn’t a real thing. Everyone should ignore them.
Exactly why he's trying this DOGE. Politicians move on the 90% who aren't paying attn are thinking, not the 10% who are engaged. That's why media & message are important! "We tried hard to work w/Musk and saved a few $$ but stood the line on essential govt programs" is the headline you want!
Gee it doesn’t make any sense why all of these countries with universal healthcare spend less than the one that doesn’t. I was told, by greedy ass republicans, universal healthcare would be too expensive. but these dumbasses are proving that’s a lie, but instead will cut Medicaid/medicare.
Your first mistake believing a MAGA.
Why do you think they are busy with bills every week? Everytime Biden gets more prescription meds reduced, MAGA put up a bill to bring the price back to the original..the lobbyist pay MAGA big bucks for top prices from big Pharma, not lower prices!
Oh believe me. I blame anyone that didn’t vote for MVP, including the dumbshits in Michigan. And especially the ones in Dearborn and other predominantly Muslim cities.
Sucks that they fell for his lies. But again, I’m done caring.
True, I'm usually very careful about lumping anyone normal with a MAGA..That's a bridge to far..
I just hope that trumps SIL will make GAZA the Miami Beach that he wants..with the HAMAs employees as his workers and the Gaza's as his slaves, to show the Muslems what he really wanted for them.
Exactly!!! Medicare is a well oiled machine. Low admin cost and we are all in the system. Universal healthcare would be the solution to keep costs down. Our system is broken. It needs a do over
Leon knows what the graph means. He knows he can put a ridiculous spin on it and all the non critical thinkers will be happy to let him do their thinking for them.
I agree completely! The creation of middle men/women needing to "go between" the product and consumer has become the most vile element in American economics. Insurance companies, lobbyists, the electoral college, good grief, the lists go on and on.
What third party players do you dislike the most?
The overhead would still be high. The government will require just as much documentation if not more as insurance companies currently do. They're not going to just pay for something because it's on a claim. And aside from that there's going to be a lot less that they will pay for. Trust me!
My chiropractor actually has to pay to see Medicaid/Medicare patients. Because the government does not reimburse even the amount of overhead for the time required. He has changed to a cash business. Since most copays now are higher than what he's able to charge, it's been pretty easy.
Not true at all. It is very much based in science. And it's very rare that it actually will injure you.
The problem with chiropractic is they do not have a large agency of lobbyists like hospitals and physicians, and as a result hospitals and physicians have tried to squash it. It's all politics.
When spinal decompression first came out, a doctor asked a back surgeon to send patients to him first before surgery so he could test out his new machine. The surgeon sent 10 patients. Those 10 patients healed on their own and did not require back surgery. The surgeon stopped sending them.
That's why countries with government insurance have high taxes. But let's also not forget that there are not huge populations in the countries that are successful at implementing government health care.
The fraud and lack of accountability is rampant. I work for state government and our largest
Agency just split into three separate agencies for that very reason. That is why there is a push to cut back on so much federal agency stuff because everything is so top heavy with administration. Government health care would just grow that beast again, and far worse.
Also regarding the prices of health care in general, it's actually very expensive to be a doctor. A surgeon will likely spend several thousand dollars PER MONTH for malpractice insurance. All of the exorbitant payouts in the '80s+ for malpractice drove prices up from which they never have recovered.
And among those countries you will find various systems of healthcare administration including both tax funded healthcare and government controlled health insurance
A family member, chiropractor, spent 4 years working chiropractic in Italy. Socialized medicine. He was seeing 200 people per day. So nobody got good quality and you have 3 minutes to see each patient. The people that had money paid out of pocket for chiropractors that could spend more time with 'em
A claim, in health care, is when a doctor bills the payer for the services that were provided.
Currently, when a chiropractor submits a claim, they must submit all the paperwork that justifies the need for that service.
Oh, and how did they have time for any paperwork then?
A working day has 8 hours which is 480 minutes so that is not even 3 minutes per patient. You are simply lying.
Plenty of rich CEOs and stock owners are for profit healthcare, and the same in the insurance industry. Healthcare like prisons, and other public services should not be run as a for-profit organization. Especially if the goal is not to give the best healthcare for taxpayer money.
Well that game is up for the foreseeable future. Unless you have a way to get people to actually pay attention to politics and policies over social media blather.
The difference is that in the US, public healthcare is demonized and actively suppressed by Congress members beholden to lobbyists for private insurance. The VA gets screwed. Imagine how it would look for those insurers if the VA were allowed to flourish as a public system?
Which only makes the reasons they would deny you that much worse. Just ask any Veteran that has to use the VA how much they get fucked by the government.
Just like drug companies charge so much more in US as compared to other countries and justified as research costs! Why are research costs so high needs investigation? Doge !!
If everyone sat down and added up how much they have paid into private insurance over their lifetime and multiple it by at least 80% of Americans, the $$$ is astounding. They would then be okay with Universal health care
It is amazing that people buy the idea that adding a for-profit industry (insurance companies) to the health care system will make things more efficient and cheaper. We pay the most for health care and still get shafted. Health care, education, and infrastructure should never be for profit.
A lot of people say the same in the UK about Thatcher which occurred around the same time. Individualism and focus on profit. I still wouldn’t want to go the socialism way though. Some happy balance in the middle.
That was Thatcher's mad view (as I'm sure you know). It extended to her utter disdain for anyone working in the public or non-profit sectors -- she told them to her face that they were failures
Remove the money from elections, every damn dime, this country gets a government for the people.
Recent articles from healthcare professionals, the third leading cause of death in America will soon be pharmaceuticals. Not from misuse or abuse, from interactions, wrong dosages, failed testing, etc.
US American exceptionalism, Greatest Country ever, anywhere, tells US Americans that US has nothing to learn from other "lesser" countries;
e.g. Universal Health Care as a right is a standard feature of other non US democratic capitalist countries.
But US knows best, always, eh?
Also Prisons shouldn’t be for profit. Also stop saying “we’re going to run the government like a business”- only amateurs say that. Because it’s not a business!!! I get the sentiment partly but it doesn’t work that way nor should it!
Prisons are a huge failure in this country. They do not rehabilitate people. They make them worse so that they will be back again after they are released.
"I get the sentiment" is letting those people off too easily, imo. It's a fundamental misunderstanding of what government is for, and it's founded in both poor education and disinterest in what happens to anyone but themselves.
Italy's working very hard 2 privatize their health insurance because you know: PRIVATE IS BETTER COZ MORE EXPENSIVE bull💩
Just because something's more expensive, it doesn't mean it's better.
Maga don't want to stop paying high premiums. For nothing.
I'd pay 10% tax extra tbh instead of premium
I’m baffled by folks who don’t see that profit is theft. Cost+profit will always be more than just cost. You could argue the bureaucracy isn’t cost, but neither is a corporate structure with excessive executive pay and shareholder dividends. At least a public system’s expenses can be legislated.
Exactly. The ONLY purpose of health insurance is to make insurers profitable while they add cost to healthcare with bureaucracy and then obstruct care (sometimes killing people) by denying claims. Health insurers have NO redeeming qualities or productive reasons to exist. Period.
A lot of insurance companies in the US aren’t “for profit“ but it still adds another layer of admin cost and people to pay.
I work in healthcare finance for a large Univ Medical Center and the mix of revenue streams is complicated so having a single payer would make it much easier on hospitals
Think you might see gun reform once the billionaires start getting picked off existence. We don't care about little kids, but ohhh boy, we sure care about money & those who have it a fuck of a lot more. Go after them over & over & over again & you'll see how things change when the rich are forced in
Agree with a caveat. I think you're right that Americans have been trained (propagandized) to view wealth as a mark of intrinsic superiority -- "earned", "divine favor", "judgement of the marketplace", etc
But what's also true is that rich people buy Congressional votes
Easier said than done when "everyone should be allowed to own a gun, no matter what" is one of your party's biggest pillars and, as a result, there's more guns in the country than there are people to fire them.
Although motive has not been ascertained, I'd be willing to bet the farm that's exactly why the CEO of United Healthcare was gunned down on the streets of NYC. I have one other lurking suspicion that a whole lot of crypto transactions may also play a role. At the root, it's always about money.
Considering what transit looks like in countries like Japan, I’d counter that there is a place for P2P when the brakes can actually be put on public sector procurement crime. But our grifters feel so entitled now to keep on grifting. Americans need to travel more to experience comparative options.
Aussie doing long term travel across Europe & Nth America. I get prescriptions every month. Can compare because I always have to pay the full price. US can be 3-4x higher, despite costs of living often less than other countries. Eg: 1 script CAD$40 and exactly the same script over the border US$340.
But, it needed 60 to pass, and not a single Republican was going to break ranks with Newt Gingrich in charge.
Nothing Biden accomplished, which was a lot, was as triggering to the GOP as the health care Obama was trying to implement.
You're not wrong, but the filibuster seems to have a sacred status, sadly.
The filibuster is much like the Electoral College, designed to favor smaller states.
You never forgave OBAMA? OBAMA??? Seriously? Did you happen to pay attention to the FIGHT he was up against? The back and forth with Republicans? We were lucky to get ANYTHING through. The ACA passed by ONE VOTE...thank you John McCain. sheesh.
I miss Pres. Obama. That being said, I'm really disappointed he bailed the banks out instead of chopping off heads (not literally).
Even with 57 senators, I doubt he could have ever gotten a single payer system through. Too many dems playing centrist to appease the right-wing nut jobs.
You're being unforgiving to the wrong person. Obama's 60th vote in the Senate to avoid a filibuster was Joe Lieberman of Connecticut, a center of the insurance industry. He refused to support any bill that had single payer/public option.
It is a stupid rule that blocks meaningful legislation, you're right. Will you be glad of it when the GOP tries to pass a national abortion ban? Do you wish it had been in place for Trump's SCOTUS nominees? Yes I hate it when it blocks what I want, but I'm glad it's there if it staves off disaster.
As reported. The UKs health system is failing. 14,000 people died last year waiting for emergency treatment. There is a backlog of 18 months for treatments. There’s a shortage of doctors, a shortage of funds and their infrastructure is outdated. Not a great shout out to Gov healthcare.
I was watching a documentary about how cancer pts are living in poverty due to the treatment costs there. Is this true? I can’t recall the program but it didn’t look great for the system.
Come to parts of South Dakota and you’ll REALLY see how horrible the healthcare system is in pockets of the USA. We need single-care health insurance so badly in the USA! It’s awful to live within a few 100 miles of the best healthcare in the world (Mayo Clinic in MN), but not be able to afford it.
Yes we do! Medicare for all. Although I don’t agree with how Mangione handled it, the message is getting through loud and clear. There’s a distinct movement out there and they are very vocal from every age group, religion, ethnicity and sex! #Messageheard?
“There’s a shortage of doctors, a shortage of funds and their infrastructure is outdated.” So, are you saying that the e government is underfunding it?
I’m not sure why. It what I read about the struggles the health care system is having. I’m a retired healthcare worker and I absolutely am for a national healthcare system like a Medicare for all.
We’re seeing a shortage here in the US too. I live in Utah and we have top tier hospitals and physicians but just to get a mammogram I have to wait 6 months. A colonoscopy is a year wait at some places. It’s crazy busy and staff shortages are a big concern.
It’s not great and has its problems mainly due to lack of infrastructure spending and investment, but it’s still far better than for most folks in the US.
And like in the US, if you want to pay private and have private insurance to avoid the queues and have a nicer hospital experience you can.
I worked in Organ transplant & heart failure for a decade and saw how 1 hospital stay can devastate even private pay.These million $ stays are common for these very sick patients. We need to reign in the costs too! Thanks to the Affordable Care Act regs to help lower the costs for pts & hospitals
No one is calling for the UK system which owns medical facilities and employs medical staff. We’re calling for the model of the rest of the developed world where the government pays the bill instead of insurance cos. Payment by insurance companies doesn’t reduce wait times or doctor shortages.
I was just showing that there are prob with many countries that have universal healthcare. I retired after 30 years working in healthcare in regulatory & compliance. The easiest route would be Medicare for all. The structure is already in place. It would be on a much larger scale but could work!
Just 10 years ago it was one of the best (free) healthcare systems in the world. Severe underfunding through the Tories and Brexit just gave the UK the rest.
Guess what? Most people are ignorant to either. Be thankful you’re aware. Now we need to spread the words about these hateful mofo’s and end their reign of terror.
Dealing in facts doesn't work.
I realize that there is a cult-like atmosphere, once established there is no getting through.
I am inclined to believe that a major reality check is the only possibility.
Does Elon really believe this? or is he starting his own disinformation campaign on this. Get the Maga thinking this is the best thing. Either way its concerning and stunning.
You see I don’t think he is blind. That’s the part that scares me. I think he’s setting the table for a false narrative about the affordability of our healthcare system
Lawyers, admin and profiteering is the gap between what the true cost is and what people are having to pay. That's grossly inefficient, cut out the middle men.
I love how when you do point out that the ONLY big difference between the US and all those other countries is heavy state intervention then conservatives will grasp for straws to try and find why you’re “wrong”
Genuinely the dumbest humans on Earth
Elon shouldn't be acting like he's with us on this. He may be next for making bad cars for what he sells them for. Bozo Bezos might be next for his unfair employer practices. They might also want to rethink what they are doing to the people. Liberté, Égalité, Fraternité🤔
And yet they have the highest rates of refusal for coverages too, I guess ours because the insurance companies no more about what you need better than your Dr does. And it’s a shame that a CEO of one of these companies was shot in cold blood on the street with witnesses and camera coverage of it.
I think the best way to handle a shortage of health care services is to make it so expensive that only rich people can get it. How great to take the benefit of the labor of millions of hard working people, and not afford them health care! But Im still a good person cuz im against abortion.
Insurance companies have a parasitic relationship with America's health care industry. They provide no positive benefit and take an over-sized bite of the revenue that passes through them.
Also, if you strip insurance of a for-profit motive, then you're not losing health care dollars to shareholders. Public options do that, but a legislative mandate that health insurance be not-for-profit would help too.
Most hospital systems and many insurers are not-for-profit. They just roll 'profits' into executive compensation. The folks at the top have the same profit motive as shareholders in trades companies.
Kaiser Permanente is like this, I think the head got a 3 million bonus last year on top of their 13 mil salary. I paid over $6K and the only service I got was a covid and flu shot.
And sometimes by nonprofit we mean not for profit. I might have the wrong phrasing, but “that” means you can make a profit, but you just have to funnel it back into your organization. (The bigness get the dough.
BCBS is an association, some members are nonprofit (e.g. Excellus BCBS), some are profit (Anthem, recently in the new for their Anesthesia policy proposal)
As a matter of fact you don’t need DOGE for anything except of course using it as a vehicle to pay Chucky back his $40 Million with interest that he ponied up for Orange’s election campaign
My bad… I shudder to think how he’ll extract $250 Million from the tax payers… the worst thing that could have happened to the US… Chucky & Orange … there’s another Orange languishing in jail in Pakistan for exactly the same financial morality or should we say abysmal lack thereof…. peas in a pod
If Musk was pointing this out to highlight how parasitic US health insurance is and why we should adopt the systems in place in the other countries this would be great. But I'm sure this is just a smokescreen for gutting whatever is left that protects consumers.
I think a problem is that there are all private healthcare companies, it's really hard to make more effective. They can do almost as they wish. A way is to make rules that controls the whole business, on minimum cost for services, a max shareholder divident etc. But I doubt any politician would try.
Comments
They profit massively by managing all aspects of gov't subsidized health care, esp Medicare Advantage. United Health profit taking may be the single biggest drain in healthcare.
If you pared down the insurance industry profits all the way to > zero < you'd still have HC costs in this country that dwarf the others.
We need hospitals to not be Taj Mahals and certain physician specialists to not be as wealthy as they are. There is no magical way around that.
United States – $316,000
Germany – $183,000
United Kingdom – $138,000
France – $98,000
Italy – $70,000
Spain – $57,000
Brazil – $47,000
It’s so well known that med facility owners cut corners to make a buck that it’s been a plot line in almost every single medical show that’s ever been produced in America.
It all plays in equally, nothing is more or less true.
Admin costs ARE a part of the reason why our healthcare is so expensive. Also, stopgap healthcare methods, inadequate doctors in lower income areas, among many other things.
It’s widely interconnected.
Real productive there buddy.
Have a day. 👍
Do the American health insurers provide insurance or run a rigged lottery? Are they parasites, feeding off the sick and dying? Or service companies with customer concerns foremost in their minds?
As anyone with a dog or cat knows, parasites can be hard to banish.
It's disgusting that he is the richest individual on the planet because he is a disgusting human.
1-Dr submits
Ins denies
2-Dr inquires and resubmits
Ins delays
3-dr inquiries trying to justify patient needs
Ins defends decision
Patient suffers
Ins hopes they’ve run out the clock and patient either gives up or has died.
The USA admin budget is about 1 4th of total healthcare budget of Ireland (per capita)
Also the USA spends nearly 3 times more on total healthcare then we do in Ireland per capita
Kinda seems like with the exception of the military and national debt the USA could just keep its healthcare budget and pay for everything else (including healthcare) and a chunk more
Going private healthcare is truly insane
I hope people wake up to this soon.
Healthcare costs are a good place to start.
Very happy to see you here. Separating truth and facts from propaganda is important and I rely on you to do that on a regular basis.
It must end NOW! Also GOP wants to end drug price negotiations! Wtf!🤬
better pace yourself; it seems americans aren't humble enough to admit russians stole their election so the only way to stop those four years from happening isn't gonna happen
The three working together is how they stole it. Each of them alone would have a harder time doing it.
Putin is a bit player. We need to worry about American oligarchs.
ME, I will worry about how the US has bases in my country.
wikipedia says krugman is a journalist and also says he retired today, if i read correctly
Most've become: Fortune-50???
MEDICARE-4-ALL
isn't a perfect answer, but it's a
better-solution!
It's a free-country,
if you wish to buy
private-supplement
& have the means,
go for it!
NO MORE HLTH-
INS tight to jobs...
that solution is🐎💩!
💡🤯
* Our cost p/c has been highest since the '80s at least (predating ACA by decades for the people in the back, btw).
* Wait until he discovers there are comparative outcome metrics! Psst: we're near the bottom.
Who knows, maybe he learns what he doesn't know. 🤷
Medicare Advantage (private insurance) costs the government *more* than Medicare
https://www.commonwealthfund.org/publications/explainer/2024/jan/medicare-advantage-policy-primer
“Ummmmm
I’M ERON MUSK!
I LOVE U!!!!
WOW!
WOW!!!”
*X pose jump
-EM xoxo
I can’t believe I thought this guy was cool like 10 years ago. Ew.
Source: this guy is slaps. Give him some love lol
*x-pose jump added for context
Why do you think there was no design change on Teslas for 10 yrs..You can buy a 2008 car and it looks the same as a 2018.
Private healthcare companies have the goal of maximising profits - everything else being either a distant second objective or or an actual obstacle to goal #1 that the companies try to minimise.
their companies efficiently. They can't run a deficit like the government does. My Medicare Advantage plan has free gym membership, $0 copay to see my doctor, $10 copay to see a specialist, OTC quarterly payout, labs are free, dental, vision. OM 🚫
https://www.wsj.com/health/healthcare/patients-who-leave-private-medicare-insurers-for-government-coverage-are-costlier-than-most-study-finds-1ecf0200?mod=e2tw
The bottom line is how well does your insurance take care of you ? My healthcare plan takes very good care of me.
I had surgery in March and didn't have to pay for my hospital stay
For-profit insurance has the wrong incentives: making money for shareholders, instead of fairly distributing all levies.
#BernieWasRight
US ranks 48 below Panama...
But I'm also quite sure that it will take less than a decade for those vulture healthcare companies to come up with schemes to work around those, ... 1/2
Or, "concepts" of a plan. I remember during DT's first term we were told regularly that a plan would be ready in two weeks.
It never was.
Ban Outsourced Services.
Standardize Procedure Costs.
Prosecute Theft.
Focus on Outcomes.
Include Health Maintenance.
Elmo is trying to get a 55 BILLION package at Tesla so exec pay will not be touched.
It's so obvious the game being played, the folks who will lose are those who can't fight.
Well. Ok.
Ask the UK how government funded health care is going.
We need better laws. It used to be health insurance cos we're non profits. Let's do that again along with stricter regs.
Anything Trump does will have to be without the government.
Why do you think they are busy with bills every week? Everytime Biden gets more prescription meds reduced, MAGA put up a bill to bring the price back to the original..the lobbyist pay MAGA big bucks for top prices from big Pharma, not lower prices!
In fiscal year 2022, the federal govt paid 69% of Medicaid costs, while states paid 31%.
Federal law requires states pay at least 40% of their share of Medicaid costs through state funds.
1.5 M in Fl ...They were only elderly and infants. Let them die MAGA don't care!
Deep red states are the most poverty struck states in the country, yet they continue voting the same politicians into office.
I’ve been to Appalachia, those folks barely have running water, & Mitch has been stealing $ for 25 yrs.
Share the blame millions in Michigan voted for Trump or did not vote at all protesting Gaza.
Sucks that they fell for his lies. But again, I’m done caring.
I just hope that trumps SIL will make GAZA the Miami Beach that he wants..with the HAMAs employees as his workers and the Gaza's as his slaves, to show the Muslems what he really wanted for them.
Slavery is destiny in Capital’s next phase.
What third party players do you dislike the most?
The problem with chiropractic is they do not have a large agency of lobbyists like hospitals and physicians, and as a result hospitals and physicians have tried to squash it. It's all politics.
The fraud and lack of accountability is rampant. I work for state government and our largest
Currently, when a chiropractor submits a claim, they must submit all the paperwork that justifies the need for that service.
Do you think that every procedure is going to be paid?
A working day has 8 hours which is 480 minutes so that is not even 3 minutes per patient. You are simply lying.
k-hole
They have public options and private options. There are different eligibility rules for each.
90% of German residents are on public option.
https://www.germany-visa.org/insurances-germany/health-insurance/
No one can say with a straight face that the US private systems is cost effective.
Economic inequality has been increasing steadily ever since.
costs more person and outcomes worse for the population
Recent articles from healthcare professionals, the third leading cause of death in America will soon be pharmaceuticals. Not from misuse or abuse, from interactions, wrong dosages, failed testing, etc.
e.g. Universal Health Care as a right is a standard feature of other non US democratic capitalist countries.
But US knows best, always, eh?
Besides, Republican voters? Name me a business that succeeded without borrowing money.
Just because something's more expensive, it doesn't mean it's better.
Maga don't want to stop paying high premiums. For nothing.
I'd pay 10% tax extra tbh instead of premium
I work in healthcare finance for a large Univ Medical Center and the mix of revenue streams is complicated so having a single payer would make it much easier on hospitals
Lose/lose/lose.
But what's also true is that rich people buy Congressional votes
Stupid, ignorant and arrogant but above all else, very destructive to everyone and themselves.
However, not-for-profit isn't a business strategy, it's a tax status. Salaries are just another regular business expense...
Stop blaming the people who try and blame the people who block what the try to do.
The Republicans did absolutely everything to block it, and it succeeded.
The U.S. would have had single payer or a public option if they hadn't voted for so many Republicans!!!!!!
Nothing Biden accomplished, which was a lot, was as triggering to the GOP as the health care Obama was trying to implement.
The filibuster is much like the Electoral College, designed to favor smaller states.
What Obama managed to get passed was a compromise, but it was the first real attempt at major reform since 1965.
Many, wouldn't out of fear that they would not be able to be re-elected.
Even after passing the (much less radical ACA), many were sent packing by their voters.
Even with 57 senators, I doubt he could have ever gotten a single payer system through. Too many dems playing centrist to appease the right-wing nut jobs.
he gave up the public option to get republican votes that then never appeared anyway
do people not remember this?
14,000 in UK died waiting for treatment - and how many died in the US waiting for insurance? You don’t know- because we don’t even bother to count!
And like in the US, if you want to pay private and have private insurance to avoid the queues and have a nicer hospital experience you can.
https://bsky.app/profile/beverlymann19.bsky.social/post/3lcqb543zac2x
https://www.christiansagainstchristiannationalism.org/
I realize that there is a cult-like atmosphere, once established there is no getting through.
I am inclined to believe that a major reality check is the only possibility.
Genuinely the dumbest humans on Earth
He’s only expert at being ignorant.
And sometimes by nonprofit we mean not for profit. I might have the wrong phrasing, but “that” means you can make a profit, but you just have to funnel it back into your organization. (The bigness get the dough.
A 'non-profit' can make a deal to buy medicines, drugs and surgical procedures exclusively through subsidiaries that can make significant profits.
Intended to allow hospitals to be healthcare partners it instead allows big pharma and hospitals to price gouge and kickback