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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: FreedomForAll who wrote (106617)12/9/2009 10:34:59 AM
From: Sunny Jim1 Recommendation  Read Replies (5) | Respond to of 110194
 
The answer to high medical care costs is not insurance for everyone, it's insurance for no one.

You are absolutely right, but we are an entitlement society so your statement is viewed as un-American. I think that one health care reform the Congress could pass that would go a long way to reducing costs would be a law that requires doctors to give cash paying customers the same rate as their lowest priced insurance customer. That would help to break the strangle hold that the insurance companies have on us. The medical profession sets rates to rape the cash customer so that you're forced to buy insurance if you don't want to be raped. If you pay the cash price, you have astronomical cost health care.



To: FreedomForAll who wrote (106617)12/9/2009 2:02:34 PM
From: benwood1 Recommendation  Read Replies (1) | Respond to of 110194
 
I agree to a point -- I'd like to see umbrella coverage for all. I just want to live in a society where, if you get the bum rap, you aren't totally screwed (e.g. Parkinson's, MS, bad kidney). But high deductibles which strongly encourage shopping around.

Seriously, if my insurance premiums are $12000 per year (about what they'll be in 2010), give me $9000 of it and let me shop around for my care. And with the $3k, apply that to major medical beyond my, say, $10000 deductible each year.

If people go to an auto shop, people always ask for a price estimate (it's the law that they give it to you now -- why not for medical, too??). It has to be part of the equation about health care, too, to shop partly on price and partly on judgment -- e.g. do I really need that test? What's the point of saving 79 cents on an item at Wal-Mart if you will pay $600 to have a wart removed?