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To: Galirayo who wrote (211960)7/23/2009 4:36:42 PM
From: rich evansRead Replies (1) | Respond to of 306849
 
They will have to turn back the Hands of Time on Medical Inflation .. because .. the insurance co is only the Bill Payer on behalf of the patient. It's the Medical Inflation that's Driving Up the Cost

The cost of medical care is going up because of the extent of medical care which is now given and available. My father's heart condition received very little advanced care because none was available. Now he would be getting lots of pills, angiograms, CTs, stents, new arteries etc. The is happening in all fields of course. So longer life, new technologies etc mean more medical costs. It is not an efficiency issue.

As to cat insurance, my point is that if you are going to mandate insurance then mandate cat insurance only with HSA. Level the tax playing field by making the insurance cost tax free like for businesses. People and businesses can decide what they want to do but don't mandate comprehensive insurance. If you want it or your company decides to provide it, then fine. But don't mandate it. Cat insurance is the cost effective way to deal with health issues IMO.
Rich