You can either have a system where everyone is covered at great relative expense to the healthy, or one where everyone is covered at great expenses to taxpayers. Either way, quality of care, breadth of services and speed of access are going to suffer. Demographic reality is inescapable.
Aetna CEO Threatened Obamacare Pullout If Feds Opposed Humana Merger
11–20 of 353 posts
Re: Aetna CEO Threatened Obamacare Pullout If Feds Opposed Humana Merger
#12Good. Block their deal, let them drop out of obamacare, and then give us the Single Payer that we've always deserved and watch those fuckers go bankrupt like they've always deserved.
i couldn't in any good conscience support single-payer or socialized medicine
it's the same economic model that created breadlines
Re: Aetna CEO Threatened Obamacare Pullout If Feds Opposed Humana Merger
#13Can anyone succinctly explain the benefits of having a market for private health insurance companies, rather than a single provider of health insurance (government, aka "public option")? Can a capitalist case be made for their existence? Does the lack of a large private insurance market in countries with government-provided health insurance cause lots of inefficiencies and waste?
#1. This is going to generate useless flame wars, because most people on both sides don't know very basic facts.
#2. Using a private insurance company means you get, in theory, to pick a provider that matches up with your desires on how to determine what is and isn't covered.
Re: Aetna CEO Threatened Obamacare Pullout If Feds Opposed Humana Merger
#14Good. Block their deal, let them drop out of obamacare, and then give us the Single Payer that we've always deserved and watch those fuckers go bankrupt like they've always deserved.
i couldn't in any good conscience support single-payer or socialized medicine it's the same economic model that created breadlines
Can you elaborate on this reasoning?
Re: Aetna CEO Threatened Obamacare Pullout If Feds Opposed Humana Merger
#15Can anyone succinctly explain the benefits of having a market for private health insurance companies, rather than a single provider of health insurance (government, aka "public option")? Can a capitalist case be made for their existence? Does the lack of a large private insurance market in countries with government-provided health insurance cause lots of inefficiencies and waste?
The healthcare system in countries like France, Canada, Germany is much more efficient and provides better healthcare to most of it's citizens than the US healthcare system pre and post obamacare. https://www.oecd.org/eco/growth/46508904.pdf http://www.commonwealthfund.org/publications/press-releases/...
*citations needed
Re: Aetna CEO Threatened Obamacare Pullout If Feds Opposed Humana Merger
#16Can anyone succinctly explain the benefits of having a market for private health insurance companies, rather than a single provider of health insurance (government, aka "public option")? Can a capitalist case be made for their existence? Does the lack of a large private insurance market in countries with government-provided health insurance cause lots of inefficiencies and waste?
> Can anyone succinctly explain the benefits of having a market for private health insurance companies, rather than a single provider of health insurance
For the citizen, none. For the insurance companies, they get forced signups.
> Does the lack of a large private insurance market in countries with government-provided health insurance cause lots of inefficiencies and waste?
The US spends the most of any nation on health care. The US is the only western nation with increasing infant and maternal mortality rates.
Re: Aetna CEO Threatened Obamacare Pullout If Feds Opposed Humana Merger
#17Can anyone succinctly explain the benefits of having a market for private health insurance companies, rather than a single provider of health insurance (government, aka "public option")? Can a capitalist case be made for their existence? Does the lack of a large private insurance market in countries with government-provided health insurance cause lots of inefficiencies and waste?
#1. This is going to generate useless flame wars, because most people on both sides don't know very basic facts. #2. Using a private insurance company means you get, in theory, to pick a provider that matches up with your desires on how to determine what is and isn't covered.
[deleted]
Re: Aetna CEO Threatened Obamacare Pullout If Feds Opposed Humana Merger
#18Can anyone succinctly explain the benefits of having a market for private health insurance companies, rather than a single provider of health insurance (government, aka "public option")? Can a capitalist case be made for their existence? Does the lack of a large private insurance market in countries with government-provided health insurance cause lots of inefficiencies and waste?
The healthcare system in countries like France, Canada, Germany is much more efficient and provides better healthcare to most of it's citizens than the US healthcare system pre and post obamacare. https://www.oecd.org/eco/growth/46508904.pdf http://www.commonwealthfund.org/publications/press-releases/...
Germany is mixed private/public insurance.
EDIT: So does France.
Re: Aetna CEO Threatened Obamacare Pullout If Feds Opposed Humana Merger
#19Can anyone succinctly explain the benefits of having a market for private health insurance companies, rather than a single provider of health insurance (government, aka "public option")? Can a capitalist case be made for their existence? Does the lack of a large private insurance market in countries with government-provided health insurance cause lots of inefficiencies and waste?
The main issue with healthcare in the u.s. actually has to do with Medicare, Medicaid, and social security.
All of the state options pay only ~10% of what they are billed no matter how large the bill (there is also usually a cap). This forces hospitals to charge exorbitant prices. Private insurance options pay larger percentages: 12 - 50%. People without insurance usually will pay either 100% or 0%, with some people negotiating in between.
Honestly, the easiest way to fix it is to get rid of Medicare, Medicaid, and social security or force everyone to pay 100% as opposed to negotiating lower rates.
Fyi I worked in a medical billing office for 5 years. We did payment processing for about 30% of all hospitals on the east coast and Midwest
Re: Aetna CEO Threatened Obamacare Pullout If Feds Opposed Humana Merger
#20Good. Block their deal, let them drop out of obamacare, and then give us the Single Payer that we've always deserved and watch those fuckers go bankrupt like they've always deserved.
Anyone who thinks this is leading to single-payer is dreaming. Whether you think it's a good idea or not, the political will wasn't there for in 6 years ago, and there is much less political will for it now.