SI
SI
discoversearch

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 : BAK - Investing -- Ignore unavailable to you. Want to Upgrade?


To: DoggyDogWorld who wrote (3064)7/11/2012 12:42:53 PM
From: DoggyDogWorld  Read Replies (1) | Respond to of 3249
 
Re: WLP - anybody likes this health insurers.What got my attention is that they

BTW, lest anything think I'm unfairly beating up on Obama, the Republicans have shown zero leadership on this issue. That's why we need to take it out of the hands of politicians.



To: DoggyDogWorld who wrote (3064)7/11/2012 3:16:46 PM
From: normlasky3 Recommendations  Read Replies (3) | Respond to of 3249
 
Re: WLP - anybody likes this health insurers.What got my attention is that they

"Absurd.

Single payer could cut $1k/person, or even more. Or it could add $1k/person. Or even more if it devolves into free boob jobs for the disadvantaged (e.g. crack whores, etc.). "

Boob jobs, penis enhancements, facelifts etc. are not covered by medicare/medicaid.

Administrative costs for medicare in 2010 were 1.3% of total cost. Administrative costs and profit for private insurers are in the 20% plus range. Pretty obvious what needs to be done. And you say it's absurd. I say it's obvious.

Within the next decade health insurance companies will be extinct. They're going to be replaced by accountable care organizations. Most big employers are already self insured and are pushing aco hard. If your body mass is 30 you're defined as obese and your premiums will be higher. Acos are part of the health care reform act - obamacare. I like individual mandates and personal responsibility. No more free rides.