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Non-Tech : Kirk's Market Thoughts
COHR 193.50+1.3%Jan 20 3:59 PM EST
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To: Kirk © who wrote (626)2/5/2014 10:03:42 AM
From: Sam  Read Replies (1) of 27110
 
I think health care is over priced today because the hospitals build themselves palaces to operate and they run up the bill because the government pays.

Actually, Kirk, they run up the bill because the insurance companies pay, not the government. The hospitals and doctors bitch and moan because the government is stingy in what it pays. Insurance companies look far more closely at claimants when large claims are made than they do at the hospital bills they get. This is ass backwards but it is so. That is why the situation that Steven Brill outlined a year ago and others have also pointed to exists.
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