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To: 10K a day who wrote (90865)9/29/2007 12:39:48 PM
From: Lizzie TudorRead Replies (1) | Respond to of 306849
 
thats what a lot of pundits are saying, that doctors are now actually favoring MEDICARE over many private plans because the private plans have gone over the line in cost cutting. Since the Hillary plan has a single payer component as an option (you can choose the government system as a participant which is the same thing the senators get) imho that will probably win out as the best plan over time. But people are scared of a big bang to single payer and drug companies+medical lobby will fight it so this is the right approach, scale in.

IMHO Eisenhowers warning "military industrial complex" really should have been "medical industrial complex" the system is completely out of control and skimming off a huge % of US GDP with no benefit to the citizenry



To: 10K a day who wrote (90865)9/29/2007 7:07:35 PM
From: lifeisgoodRead Replies (1) | Respond to of 306849
 
30-40 percent of medical costs are going to insurance administration and insur co's are micro managing the system in to the toilet.


It might be much more than that. I was recently contacted by and HMO rep. who wanted me on their provider panel "bad." Initial offer was $40/hour which I promptly (and politely) rejected. I was then offered $80/hour which I again declined. We finally agreed to $94/hour and I learned that they were charging their insured business clients $120/hour for my services.

So, had I accepted their initial offer as I imagine some providers do, they would collect $120/hour and pay me 1/3 of that. I imagine this is not uncommon.

best...

LIG