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To: KLP who wrote (405996)1/22/2011 3:38:35 PM
From: Bearcatbob8 Recommendations  Read Replies (1) | Respond to of 794309
 
"He also made the comment that if Aviation business ever had the guts to charge that much money for such a small, and mass produced item, that the CEO's would all be in jail because the Government would put them there. "

I have some experience with costs of protecting ourselves from the predator lawyers in stuff like what you describe. The cost per item to manufacture may be small - but the paper work to validate the design and document the quality trail is horrific.

There is a lot popular venom about the $100 hammer and such - but that is from people who do not understand the government procurement process - especially for very sensitive stuff like medical and space flight equipment.

If Obama wanted to attack cost he would have attacked the lawyers - but - oops - they own him and the rest of the Democratic party.

From Obama we have health care reform without addressing the lawyers and we have Fin Reg reform without addressing Freddie and Fannie. That is all you need to know about the morality of the Obama administration.

Bob



To: KLP who wrote (405996)1/22/2011 3:40:01 PM
From: Joe Btfsplk1 Recommendation  Read Replies (2) | Respond to of 794309
 
SHOULD BE questioning the cost from the start of the process

I recently had a little surgery, five hours from being wheeled to the OR till they tossed me out the door.

$7,741.40! (suckers picked up all but $200)

How can this be? Did market forces dictate the capital investment, a cushion for potential liability, wages throughout?

What mechanisms inform what "we" can really afford?



To: KLP who wrote (405996)1/22/2011 5:27:25 PM
From: Katelew1 Recommendation  Read Replies (1) | Respond to of 794309
 
I think we're talking past each other. What I mean is that his plan leaves the insurers in place. They are still private companies and owned by shareholders. They operate in the market economy. A communist approach would be to take them over and run them as state entities.

I agree with you on the high cost of all things medical, but I don't know what can be done about it. You don't want the govt. to set prices do you? That would be a rather communist approach, seem to me.

My beef with the ACA is mainly that the whole convoluted thing hangs together on government subsidies. It's an open ended entitlement program in the making. I don't see any reason, though, to think it will fundamentally change our world-class medical system or alter medical research or any of the other claims I hear made.