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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Seismo who wrote (90947)3/23/2017 10:55:11 AM
From: robert b furman  Read Replies (1) | Respond to of 218441
 
Many years back Bush # 41 allowed Tommy Thompson to experiment with Health Savings Accounts = HSA's.

Wisconsinites embrace the tax free allocation of money from paycheck to HSA.

When individuals save their money they spend it more wisely than a largesse government bureaucracy.

Doctor services/fees on the internet and reviews of doctors services are all great ideas of injecting knowledge and competition into the equation of lowering health care bills.

Younger people should be allowed to buy out of a government program and older people need competition as well.

I remember being young and not liking to pay more for car insurance - the accident data supported new drivers have more accidents.

I have no doubt that older people have more medical costs - our premiums should be some what higher buy not by multiples.

When it come to health insurance there should be no free lunch - you buy it, you pay for it, or you don't have it. If needed you buy it or you die.

A dose of reality needs to go back into our failed system of Ocare.

Bob



To: Seismo who wrote (90947)3/23/2017 1:31:00 PM
From: edward miller3 Recommendations

Recommended By
marcher
SE
Seismo

  Read Replies (1) | Respond to of 218441
 
Regarding healthcare here is some perspective versus other nations from Visual Capitalist:

U.S Healthcare is a Global Outlier, and Not in a Good Way
visualcapitalist.com

The graph of costs versus life expectancy is important to think about. This shows that other countries actually have healthcare while in the U.S. we have maximized profits extraction from the public. There is no other way I can see this. Why?

No enforcement of R.I.C.O. laws within the healthcare industry because Congress and the Executive branch is owned by big money. Karl Denninger (a libertarian) has been blogging about this for literally decades. Look for his posts tagged with Healthcare Reform. He also has interesting things to say under Personal Health. Karl is an ex-CEO of a technology firm and is a really bright guy but his comments have been described as bombastic at times. He cuts right to the chase and doesn't back off.

market-ticker.org

See also Chris Martenson's "Mad As Hell" post at Peak Prosperity where he describes his personal experiences.

peakprosperity.com

Another comment that is spot on: businessinsider.com

I have come to the conclusion that quality healthcare at a reasonable price for everyone can never come from market solutions because markets are there to maximize profits. In healthcare maximizing profits means bankrupting the maximum number of people who have any significant illness. Thanks to Congress, that is exactly what we are stuck with in the U.S. Healthcare in the U.S. is a scam - no other way to describe it honestly.

I've just touched the surface on this topic.