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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: GraceZ who wrote (7154)12/5/2002 12:31:29 PM
From: MSIRead Replies (1) of 306849
 
True. My bro' is a doc and both he and his wife (she's an OBGYN) are make lots less than me, his baby brother, the black sheep of the family who got into technology...

He sends me regular reports from PA where docs are fleeing to other states w. 1/10th the insurance scam rates.

The fact is, the 40 million people w/o insurance get medical care anyway, we all pay anyway, and it's the inefficiencies in the middlemen that cause the costs. You can't find a pie chart of real medical costs, because if you did you'd see the docs get 11%, the drug cos, lawyers and insurance cos get over half, and the facilities and support staff and minority share.

It's argued ad nauseum that single-payer medical care is "socialist" but the fact is that systems like the Swiss are 1/3 the cost and just as good, plus you can pay your own expenses if you want extraordinary care, and all the docs are private. It's no more socialist than Calif which requires everyone to have car insurance, and the attornies and insurance cos don't play the big role they do here. Even the drug co's are negotiated down to a still-profitable 1/3 of US prices.

We'd save maybe $1/3 trillion
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