Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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? -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (1481)	1/22/2007 8:03:53 PM
From: 10K a day	Read Replies (2) \| Respond to of 42652

private insurance is a bureaucratic cesspool. Copayments are a joke. Denial of care is the NORM. Some fly by night insurance companies would make your hair crawl. I'm not talking about blue cross or blue shield. Medicare is a pretty streamlined system. I agree they should do away with all private insurance. A medicare like system with a 5 percent Administrative Overhead should be the NORM and it should be the GOAL of any insurance carrier. all this crap about GOLD plated PREMUIUM plans is an OBFUSCATION.

To: TimF who wrote (1481)	1/23/2007 9:43:53 AM
From: Peter Dierks	Respond to of 42652

In one sense the idea of capping deductibility of health insurance might be good. To the extent that businesses are willing to accept unlimited price increases it might provide a dose of reality. Even if the cap were indexed fro inflation it should not take too long for the average 15% increases in premiums to overtake the CPI (or similar measure) indexing of a cap. At that point, insurance companies would have to begin to work with medical providers to find efficiencies instead of just passing the higher cost back through to the consumer.