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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (615905)	6/13/2011 11:16:06 AM
From: bentway	Read Replies (1) \| Respond to of 1580396

Why is it that a pencil-necked, hogwallow accountant can't grasp that private insurance, which has to make a profit, has 26% more costs that do not go to providing health care? That a percentage of those costs go toward DENYING health care?

To: i-node who wrote (615905)	6/13/2011 12:07:12 PM
From: Alighieri	Read Replies (2) \| Respond to of 1580396

Medicare costs are price-controlled. ... This bogus and arbitrary setting of fees by fiat results in cost-shifting to private plans -- a total convolution of market forces that otherwise would keep private plan costs lower. I shudder to imagine what would happen of paul ryan had his way and medicare was no longer price controlled. You cannot just arbitrarily dump an additional 20 or 25% of the healthcare system's cost on private insurers It's a zero sum game...if it lost price controls medicare costs would go up...but the country's health care costs would remain generally the same or go up if paul ryan's plan takes hold...and the problem of the US having the highest per capita health care costs in the world would be unaltered... ...and expect no disruption in the microeconomics of health care. What a great sounding generalization...that says absolutely nothing. Al