SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : A US National Health Care System?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: gg cox who wrote (8948)9/1/2009 11:25:55 PM
From: i-node1 Recommendation  Read Replies (1) of 42652
 
More than 31 percent of every dollar spent on health care in the U.S. goes to paperwork, overhead, CEO salaries, profits, etc.
The provincial single-payer system in Canada operates with just a 1 percent overhead. Think about it. It is not necessary to spend a huge amount of money to decide who gets care and who doesn't when everybody is covered.

Has it ever occurred to you that maybe one reason American health care is so much better than that in Canada is because of some of this paperwork, overhead, salaries and profits?

It is easy to operate with less overhead when you don't spend the money on facilities and equipment, and staff to operate the equipment, etc.

CEO salaries and profits don't make a dent in total American health care costs (although I would agree there have been a few health care CEOs who were overpaid for their services).

You are trying to suggest that Canada saves all this money on patient accounting which is nonsense. Patient accounting serves a legitimate purpose.

More importantly, there are many reasons why American health care is so much more costly, not the least of which is that it is so much better. You can't get a vastly superior health care system without spending a little money.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News