Ray From Cleveland
Diamond Member
- Aug 16, 2015
- 97,215
- 37,438
Our healthcare expenses are so high because quality costs money, and the government of course.
If a person on Medicare gets a 700,000 surgery, Medicare only pays 80% of that cost. The rest, the hospital has to eat. To combat these losses, some providers are refusing new government patients. This includes Medicare, Medicaid, and SCHIPS patients.
Others simply increase the cost of care so that private insurance indirectly pays for it, and we all know where private insurance gets their money from. It's the same after DumBama started his idiotic medical care plan. He placed a huge tax on medical supplies, and again, we know who has to pay for that.
Between that, lawsuits, nickel and dime processing claims, it all adds up to unaffordable healthcare for millions. As President Reagan once said, Government is not the solution of our problem--government is the problem.
I thought you were in that business once upon a time and don't know if one has a $700,000 surgery Medicare is certainly not paying 80% of that figure but rather whatever the discounted rate Medicare has provided.
They have no choice but to accept the discounted amount because that's all they're going to pay. They recoup those losses via private pay and private insurance, which is one of the contributors to our high insurance rates.
Do feel free to compare administrative costs and explain why Canadians pay less for US pharma products than americans do.
Actually, that would be because the Canadian government imposes price controls far below the cost of the meds, which shifts their costs off onto the US. So do us all a favor and don't praise those sucking leeches up north to those of us who have to foot the bill for them.
Bullshit lies from Big Pharma. Americans are paying $4000 for opioid overdose drugs that cost $40 a dose to produce. $400 for an EpiPen that costs the same. You’re being conned and fleeced. Just look at the profits being posted by the drug companies.
Which drug companies? Have any names?