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Pastimes : Let's Talk About Our Feelings!!!
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To: Father Terrence who wrote (22123)5/25/1998 8:35:00 PM
From: Lady Lurksalot  Read Replies (1) of 108807
 
FT,

Good to see you roving the halls again!

Another reason for rapid and tremendous increases in cost in health care is what became the near-universal third-party payer system (read health insurance). For far too long, this served to insulate the user from the cost. Because the user was not paying directly, there was no particular incentive for the user to protest or attempt to contain the rapidly escalating cost.

Over the past several years, the third-party payers have been balking at these costs, as costs eat into profits, and have succeeded in pushing us into the more efficient and profitable HMO setup.

There are other factors and subsets of the above factors, but that is the short and simplistic version.

I can't say I agree with you re Bill Gates and Microsoft. From what I have observed of BG's ethics and business practices over the years, he defines the concept of the evil robber baron. Aside from that, it is an act of charity on my part to say that Microsoft's products are merely mediocre.

My question about your take on the global marketplace or global economy was not as clear as it should have been, but I do agree with what you have stated. When I asked that question, I was thinking more along the lines of companies located in the US of A exporting labor or jobs to areas on our globe where wages and costs are a fraction of what they are here. Technology makes this possible and feasible and downright attractive to industry. Some of the affected professions and the ramifications may surprise you.

Holly
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