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INTC 39.98-1.4%3:28 PM EST
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To: Saturn V who wrote (179476)9/27/2004 4:31:56 PM
From: willcousa  Read Replies (1) of 186894
 
The government makes out like a bandit because it offloads its' medicare costs on the nonmedicare patients by capping its' reimbursements. That is the chief cause of rising medical costs and insurance premiums aside from new treatments and new drugs. But I assume the public, given the choice, would pay for the new stuff as it has made quite a difference. Remember that people from all walks of life are able to shop for auto insurance in a competitive arena so they should be able to shop for their own medical insurance. The one hooker there is that those who are young and in good health will opt to keep the money and not insure. This would make the risk pool (and thus the cost sharing) smaller. Now they are forced to be covered if there is an employer medical plan. Most of those making up the uninsured numbers we see in the papers are healthy young people who are able to opt out.
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