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.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (212450)	7/25/2009 10:56:31 AM
From: Bank Holding Company	Read Replies (2) \| Respond to of 306849

They put my dad in one of those helicopter life flights and flew him what takes an hour to drive; it cost 27 grand and they got paid 100 percent. Then they made him sit in a room for 4 hours before he saw the doctor. %$#*& i would have drove him at 100 mph for half that.

To: Skeeter Bug who wrote (212450)	7/25/2009 2:21:22 PM
From: GST	Read Replies (2) \| Respond to of 306849

The central issue in health care -- the one few people want to discuss -- is how much to pay doctors for their services. One model is to have doctors paid on salary -- this is not uncommon but it is certainly far from the majority of doctors. Doctors more often than not view themselves as free agents -- entrepreneurs if you will. This creates enormous waste as there is an incentive for doctors to steer patients towards treatments and procedures with the highest profit margins. It is very difficult to set payment schedules on a fee for service basis. So long as medicine is practiced as a series of billable events, the cost and waste will continue to soar. This is true regardless of whether payment is channeled via private insurance or a public payment system. Private insurers face the same issue of how much to pay doctors for billable events. Many doctors will scream at the idea that they should not offer medical services in a manner most likely to maximize their personal gain -- regardless of the enormous waste and soaring cost this brings.