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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Dan3 who wrote (90862)9/29/2007 10:09:49 AM
From: 10K a dayRead Replies (2) of 306849
 
>> Re: It takes a very minor change to fix the 75-year Social Security funding problem.<<

OT: Talking with several doctors in the last few days. (I work in a California community of 100K w/ 2 large medical groups) The medical groups have decided to stop taking new Workers Comp patients because they used to "skim" the dollars from lab tests, MRI's ect. BUT Workers comp has forced them to "compete" for these dollars and it's just not worth it to them. Doctors were spending "Hours" on the phone trying to get approval for 50-100 dollar treatments. (How many times can you give away free Soma Samples) ..... 30-40 percent of medical costs are going to insurance administration and insur co's are micro managing the system in to the toilet.

I see no end in site. There will be some unintended consequences when you suddenly turn hundreds of (WORK COMP) patients away who could otherwise pay 3 times the going rate for "Medi-Cal" ie. Medicaid.

Hawaii had a law in the late 1980's that all employers had to supply medical insurance for their workers. It is my opinion that private insurance should be abolished and something similar to a "Medicare" 3 percent "overhead" cost structure implemented. Medicare is actually WAY ahead of the game but their "appeal" process is still of NO VALUE and a corporate give away to QUASI GOVT shell corporations.
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