healthmyths
Platinum Member
- Sep 19, 2011
- 28,896
- 10,411
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- #61
It's up to the company to decide what it would do with the cost savings.Medical care is a benefit for companies to attack talent.A) the tax deductions for health plans is $171 billion in tax revenue that could be added...BUT then someone has to make up that $171 billion somewhere. Are you saying the companies should pay that and NOT get a tax deduction?A) the tax deductions for health plans is $171 billion in tax revenue that could be added...BUT then someone has toDefensive medicine could easily be addressed with my plan.WHAT MASSIVE COST to Employers??? The number one tax deduction by employers is: READ the facts OK???
One Look At This Chart, And You'll Instantly Get Why We Can't Fix The Tax Code
$171 billion in 2012 was deducted from taxes for... health insurance for EMPLOYEES!!
$138 billion for employees pensions!
$87 billion employees mortgage interest deductions
$24 billion for child care credit
$33 billion charitable contributions
$27 billion deductions of health care items
$66 billion capital gains (Obama took $122,000 off his taxes from this!)
NOTICE that 1, 2, 3,4,5 items are for individuals... i.e. employee insurance ..deduction... employee pensions.. etc...
Now if it is a deduction of $171 billion that businesses have right now for insurance.
Take that deduction away from businesses and they pay more taxes. More taxes to do WHAT??? Pay for health insurance???
Look.. The stupidity in most people is dealing with reality!
A) 18 million people under 34 making over $50,000 don't WANT or NEED health insurance!
B) 10 million are NOT citizens
C) 14 million didn't know they were eligible for Medicaid.
So why was there EVER a need to cover less then 5 million when the simple tax on lawyers would have
A) paid the premium for each of the 5 million $27 billion..
B) The tax would reduce as the $850 billion a year in defensive medicine costs decline which again you seem to be ignoring what 90% of
physicians are telling you that the do out of fear of lawsuits! Please read this study!
http://www.jacksonhealthcare.com/media/8968/defensivemedicine_ebook_final.pdf
C) Once this gigantic waste of money reduces say even by $100 billion a year do you understand what happens then???
Called "Medical loss ratio" that the average health insurance pays i.e. about 80% of premium goes in to paying claims!
So reduce the amount of wasted duplicate tests, referrals all because doctors fear lawsuits and guess what?
Insurance companies MUST lower premiums because EACH STATE reviews any premium increases and based on what the
company has built in reserves and CLAIMs experiences allows or REDUCES premiums!
D) Hospitals reduce operating costs because of EMTALA. Called "unreimbursed expenses" but with AUHIC that CAN'T OVER
charge like for CAT scan when the bill insurance companies $3,000 for a test that cost them $60!!! They do it as this
hospital CEO when asked "How do hospitals deal with the cost of the uninsured? "Like any business, we pass it on to the paying customers".
Do you understand then... by taxing lawyers 10%, defensive medicine costs drop, claim expenses drop, premiums drop!
Pretty damn simple and the ONLY reason this will work under Trump is HE IS NOT A LAWYER!!!
Obama and 47% of congress are lawyers so they would never tax lawyers!
American Uninsured Health Insurance Co. AUHIC!
It will work. It is a for profit for bid with the government to handle the $27 billion funding. When people go to the emergency room
today a 1986 act known as EMTALA is at work. Look it up! So hospitals are means testing "uninsured" today and if the patient qualifies
the claims are sent to AUHIC! That simple.
Corporate tax deductions are merely deductions. The money must still be spent, resources must still be utilized.
A healthier populace is good economics.
Medicare recipients like their plans, and want to protect them. Let's just expand that to all.
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make up that $171 billion somewhere. Are you saying the companies should pay that and NOT get a tax deduction?
Also no question preventative services reduce more costs down the road BUT you want another very very obvious way
to cut health expenses?
Penalize ANY company including hospitals/health insurance plans that promote dangerous lifestyles!
Here is a great example.
Have you seen that commercial where a mother tries to slam dunk (in front of her daughter no less!!) and falls hurting her shoulder.
The next scene is her calling her health insurance company to pay the claim!
How dumb are these people to promote dangerous stupid activities that simple add to health care costs!
Or those commercials about people sky diving, or climbing mountains and promoting that as healthy activities!
GEEZ at some point some people get injured and submit claims. Who pays? We all do with higher costs!
No, I made pretty clear that the plans would be portable, and that they would no longer be the responsibility of employers. No health insurance costs for employers, no health care insurance administration costs, none of it. It's all off their backs. Gone.
Have you seen that commercial where a mother tries to slam dunk (in front of her daughter no less!!) and falls hurting her shoulder. The next scene is her calling her health insurance company to pay the claim! How dumb are these people to promote dangerous stupid activities that simple add to health care costs! Or those commercials about people sky diving, or climbing mountains and promoting that as healthy activities! GEEZ at some point some people get injured and submit claims. Who pays? We all do with higher costs!
Yes, and educating the public & promoting healthier lifestyles would be a part of my plan, too. And even better, since everyone would have access to basic preventive and diagnostic care, there would be no excuse for not taking advantage of them so that we can all save money in the long run.
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Medical care cost sharing is helps the employee.
Whomever provides the health care insurance it cost about 800 a month, it is just who pays it that is the question. Those on medicare are paid for by a monthly premium and direct taxes.
Those who have company provided health care usually pay a part of the 800 dollars.
So let's say the company gets out and now who pays the 800 dollars? The employee? Who may or not be able to afford the increase? Direct tax? Which just spreads the cost out.
Regardless of what happens the money that a company spends is a benefit, take that obligation away from the company do you think the employees will see a difference in their pay checks?
We currently have seven (7) different health care delivery/payment systems. None of them communicate directly with the other. Both the Republicans and the Democrats are apparently just fine with that. I think that's madness.
The Medicare/Medicare Advantage/Medicare Supplement system works. It's efficient, it's effective, it allows for market competition and innovation, and it could easily be scaled up.
The only reason it's not happening is politics.
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Correction. There is NO government run Medicare Supplement!
"A Medicare Supplement Insurance (Medigap) policy, sold by private companies, can help pay some of the health care costs that Original Medicare doesn't cover, like copayments, coinsurance, and deductibles."
It is NOT a Federal government program. It is private insurance that Medicare participants pay out of their pocket to cover the
as the above states. NOTHING to do with government run program.
QUESTION: What are your "seven (7) different health care payment systems" as I know of only these.
- Medicare (20 percent share): Medicare spending grew 4.5 percent to $646.2 billion in 2015, which was a slight deceleration from the 4.8 growth percent in 2014. The slightly slower growth in 2015 was largely attributable to slower growth in Medicare enrollment, which increased 2.7 percent to 54.3 million beneficiaries following 3.1 percent growth in 2014.
- Medicaid (17 percent share): Total Medicaid spending slowed slightly in 2015 to 9.7 percent, but continued the strong growth that began in 2014 (11.6 percent) State and local Medicaid expenditures grew 4.9 percent while Federal Medicaid expenditures increased 12.6 percent in 2015. The increased spending by the federal government was largely driven by newly eligible enrollees under the ACA, which were fully financed by the federal government.
- Private Health Insurance (33 percent share): Total private health insurance expenditures increased 7.2 percent to $1.1 trillion in 2015, faster than the 5.8 percent growth in 2014. The acceleration in 2015 was driven by increased enrollment and strong growth in benefit spending.
- Out-of-Pocket (11 percent share): Out-of-pocket spending grew 2.6 percent in 2015 to $338.1 billion, slightly faster than the growth of 1.4 percent in 2014. The increase in 2015 was influenced by the expansion of insurance coverage and the corresponding drop in the number of individuals without health insurance.
Now as far as "delivery systems"???
I believe you mean the way health care services are provided...and there are far more then (7)?? if you define "delivery"
as who provides the services or goods. So before you promote a single payer system maybe you should understand a little
better the scope of the discussion... i.e. there never was a "health care crisis"! There never were 46 million uninsured Americans!
All a gigantic LIE to fulfill Obama's "legacy" bucket list! He truly never cared for the truth that there never were 46 million.
He wanted a "single payer" system as he often said.
Obama and evidently you don't care that 1,400 companies, 450,000 employees and $100 billion a year in taxes would be put out
of business with your plan or ultimately ACA!