General Discussion

George II

(67,782 posts)

24. If we cut out the insurance companies, who would administer "Medicare for All"? It's a misnomer...

Reply to PaulX2 (Original post)

Tue Jan 29, 2019, 11:02 AM

Jan 2019

....that the government could do it cheaper, even if the "profit" was eliminated.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

106 replies

= new reply since forum marked as read

Highlight:

Who Wants To Cut Their Healthcare Costs By 20% Instantly [View all] PaulX2 Jan 2019 OP

The American Criminal Enterprise Healthcare System death panels are already in place. democratisphere Jan 2019 #1

Sorry. That's a misunderstanding of basic economics. FBaggins Jan 2019 #2

agreed NewJeffCT Jan 2019 #3

Explains why healthcare costs increase exponentially and are approaching democratisphere Jan 2019 #4

Increased cost of care, population growth, and an aging population FBaggins Jan 2019 #8

It's Obesity And Crap Diets With Little Exercise PaulX2 Jan 2019 #10

"It's how we roll." kag Jan 2019 #38

I see what you did there! Canoe52 Jan 2019 #51

that's definitely a big part of it NJCher Jan 2019 #80

Not true. 20% of $100,000.00 and 20% of $1,000,000.00 are HUGELY DIFFERENT. democratisphere Jan 2019 #11

Sorry, that's still backwards FBaggins Jan 2019 #14

WHO Ranks USA 34th For Overall Health Care Frodo PaulX2 Jan 2019 #26

Not for health care quality FBaggins Jan 2019 #35

There is nothing exceptional about the American Healthcare System. democratisphere Jan 2019 #56

Nothing? FBaggins Jan 2019 #58

He/she is correct about the quality if you have the money or insurance. EX500rider Jan 2019 #71

What does Cuban healthcare have to do with the best healthcare available in the world. democratisphere Jan 2019 #72

I said Cuba etc.. EX500rider Jan 2019 #73

Just because there are 93 Nobel Awardees in RESEARCH Physiology and Medicine, democratisphere Jan 2019 #77

And 6 of the worlds top 10 medical schools are also in the US. EX500rider Jan 2019 #78

Still has absolutely nothing to do with the reality of the lousy quality of care democratisphere Jan 2019 #79

Did you see the story on the billionaire couple NJCher Jan 2019 #81

I see what you mean. violetpastille Jan 2019 #31

Nothing is backwards except your concept of math. Sorry. democratisphere Jan 2019 #39

See #35 above FBaggins Jan 2019 #43

actually skydiving is really safe... druidity33 Jan 2019 #67

And upcoding. LanternWaste Jan 2019 #48

We have lower outcomes and higher costs than Canada because of how the 80% is spent grantcart Jan 2019 #47

Only in part. For profit health insurance enables price gouging KPN Jan 2019 #103

We know, but Medicare does the same for 3%, and there's 0 profit because there's no shareholders ... mr_lebowski Jan 2019 #55

I think some also do not realize that Medicare is not free. People pay monthly premiums, and some still_one Jan 2019 #5

And that is after you prepay into Medicare for 40 yrs. MichMan Jan 2019 #6

Of course you have to pay into Medicare throughout your life. pangaia Jan 2019 #15

Understood, but to think you could cover everyone from day one... MichMan Jan 2019 #32

Here ya go. This explains it much more clearly than I can. pangaia Jan 2019 #33

"the money to pay for Medicare for All has to be shown where it is coming from" Yavin4 Jan 2019 #7

That may be the way to do it, but it needs to be spelled out, and the most difficult part is it still_one Jan 2019 #21

Tax Carbs PaulX2 Jan 2019 #27

That won't do it Paul. However, in order to work, it MUST be mandatory. In other words, everyone still_one Jan 2019 #34

and rice and potatoes? DonCoquixote Jan 2019 #69

I eat carbs all day. Codeine Jan 2019 #96

And you pay 20% of all expenses as your co-pay. Medicare for all is NOT free healthcare Farmer-Rick Jan 2019 #23

yup, that is what Medigap(supplemental), and Advantage plans do. On a relative basis it is a lot still_one Jan 2019 #29

does that extend to other items in the U.S. budget? NJCher Jan 2019 #82

Hidden in all of this is that the Federal Government has subcontracted out.... George II Jan 2019 #20

That makes no sense or am I misunderstanding what you are saying Farmer-Rick Jan 2019 #36

you are so right NJCher Jan 2019 #83

I'm going to argue the point differently. Think about this... Pobeka Jan 2019 #50

Quite close... but one important error. FBaggins Jan 2019 #52

AFAIK, health care companies are not bound by antitrust. Pobeka Jan 2019 #59

this billionaire couple will tell you NJCher Jan 2019 #84

Did you link to the wrong video? FBaggins Jan 2019 #85

Yes, it does support my position NJCher Jan 2019 #91

Oh, I can't wait to see this FBaggins Jan 2019 #92

terrific NJCher Jan 2019 #94

Thank goodness we weren't holding our breaths, eh? FBaggins Jan 2019 #95

what you're asking for is for me to do your work for you NJCher Jan 2019 #99

Nope FBaggins Jan 2019 #100

I don't see what you're referring to NJCher Feb 2019 #104

Now you can't even be bothered to read your own posts or the context in which they were made? FBaggins Feb 2019 #105

I will be reviewing this NJCher Feb 2019 #106

Medicare has a 2-3% overhead. And the insurance on the exchange has been limited to 20%. pnwmom Jan 2019 #53

Medicare has a 2% administrative cost vs 17% claimed by insurance. sfwriter Jan 2019 #54

That's never really been true FBaggins Jan 2019 #57

Not really. The 2% is just the overhead of getting the money from Medicare to the private insurer Recursion Jan 2019 #88

My wife had a uterine biopsy. 5 minute procedure. Insurance paid $4900.00. It was labeled as surgery Pepsidog Jan 2019 #9

Yes. For profit insurance has done a horrible job at cost control TexasBushwhacker Jan 2019 #12

Incredible. I guess they bill that way cause some insurance just cuts the check. Pepsidog Jan 2019 #18

Even with the ACA, it benefits insurance to keep costs high TexasBushwhacker Jan 2019 #25

True Pepsidog Jan 2019 #62

I believe that when ever a medical procedure is needed ... aggiesal Jan 2019 #13

I'm really lucky to live in western NYS pangaia Jan 2019 #17

Out of curiosity, what is your monthly Medicare Advantage premium? I have US Healthcare, and its... George II Jan 2019 #22

In the last 10 years it has varied between zero and $85. pangaia Jan 2019 #28

Before I retired I was very worried about what my supplemental insurance would cost.... George II Jan 2019 #66

There is one of the many keys to Universal Healthcare. GulfCoast66 Jan 2019 #75

Yes they do Pepsidog Jan 2019 #19

Something else must have been involved there FBaggins Jan 2019 #41

No other country wants to switch their medical plan area51 Jan 2019 #16

If we cut out the insurance companies, who would administer "Medicare for All"? It's a misnomer... George II Jan 2019 #24

How do other countries do it? TexasBushwhacker Jan 2019 #30

Germany makes the most sense exboyfil Jan 2019 #40

I respectfully disagree. The French system is better GulfCoast66 Jan 2019 #74

Thanks for the suggestion exboyfil Jan 2019 #87

There are no countries with a version of "Medicare for All" that has as large or diverse... George II Jan 2019 #63

We also have far more income inequality than Germany has TexasBushwhacker Jan 2019 #65

It's not a misnomer it is a fact Farmer-Rick Jan 2019 #42

Do you realize that you just undercut the OP's position? FBaggins Jan 2019 #45

Reduced staffing not fooled Jan 2019 #44

That's one of the biggest reasons for the Federal government subcontracting the administration.... George II Jan 2019 #64

Like idea of single payer, but we really aren't paying them 20% off the top BECAUSE Hoyt Jan 2019 #37

So many fallacies grantcart Jan 2019 #46

Sounding sophisticated. Adding confusion. Typical corporate strategy. TryLogic Jan 2019 #68

Or perhaps facts undercutting a sophomoric explanation of the challenge. GulfCoast66 Jan 2019 #76

Jesus. We get enough of that from the Trump brigade Recursion Jan 2019 #89

Yes, of course. The answer is more yelling Codeine Jan 2019 #97

Without offering anything but thanks to all, this is an excellent thread. yonder Jan 2019 #49

#1 Reason Favoring Medicare-For-All corbettkroehler Jan 2019 #60

America isn't "stupid" whathehell Jan 2019 #61

Single payer will certainly be more efficient, but it could also bankrupt many providers. MadDAsHell Jan 2019 #70

We've already looked out for for-profit healthcare to our detriment. If they're good, the rich will ancianita Jan 2019 #86

I will never understand why so many "good democrats" hueymahl Jan 2019 #90

I don't think that's a fair representation Codeine Jan 2019 #98

Insurance companies - the REAL death panels DirtEdonE Jan 2019 #93

People who administer health plans can be well paid Turbineguy Jan 2019 #101

More like 29% Strelnikov_ Jan 2019 #102