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bucolic_frolic

(54,569 posts)

8. Everything is about risk

Tue Sep 19, 2017, 07:13 AM

Sep 2017

Lloyd's of London understood that. There is risk in everything, and managing risk while being paid for it is the essence of insurance companies. The world has very few successful experiments in socializing risk to eliminate the need for private underwriting. It could be we are at such a moment. Too big to fail? Too little to worry about. Collective human intellectual and productive capital could make insurance not worth the time.

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Single payer is only two thirds as expensive as the private insurance industry [View all] applegrove Sep 2017 OP

Health care in the US isn't about money (Or even about treating people), it's about social control ck4829 Sep 2017 #1

We have "revolutions" every 4 or 8 years or so in hundreds of governments, Hortensis Sep 2017 #20

The wealthiest want the additional 1/3 cost in their pocket AND democratisphere Sep 2017 #2

And what does it matter? The single payer bill will not pass...and I doubt it Demsrule86 Sep 2017 #3

I think I will add the word "single" to words I block here! Madam45for2923 Sep 2017 #9

Merci! Paka Sep 2017 #11

I get that...I just don't want millions to lose health care and the ACA be repealed... Demsrule86 Sep 2017 #12

Yep, that was predictable. UGH! Madam45for2923 Sep 2017 #13

seriously? That would be the weirdest campaign ever. I'll believe it when I see it. nt JCanete Sep 2017 #18

You're making some inaccurate assumptions. Most workplaces don't subsidize very much Turn CO Blue Sep 2017 #16

It's not necessarily better in your 20s or 30s. white_wolf Sep 2017 #29

Between my employer and myself, the cost of my insurance is $18k/yr for a family of three VMA131Marine Sep 2017 #28

So doctors, nurses and phama is going to see a 25% revenue cut Le Gaucher Sep 2017 #4

No. There will be more people going to get health care more often. applegrove Sep 2017 #5

Unless the case is made that staff required to do billing and other admin Le Gaucher Sep 2017 #6

Part of the savings is in preventive medicine. People don't get so sick. applegrove Sep 2017 #7

Who is going to provide that preventative care? brer cat Sep 2017 #14

why do you assume the Medicare reimbursement rate will remain the same for everyone as it is now? Hassin Bin Sober Sep 2017 #17

The OP stated that single payer would be 2/3 brer cat Sep 2017 #21

I'm talking about working 20, 30 and 40 year olds with current for profit insurance. Hassin Bin Sober Sep 2017 #24

2/3 per person covered. More people covered for what the US pays applegrove Sep 2017 #26

And if Medicare reimbursement goes significantly down, so will salaries. Look at relative salaries pnwmom Sep 2017 #23

Very, very qualified people get turned down for medical school in Canada every year. applegrove Sep 2017 #25

Doctors already have full days. We will have to train more doctors, and that will raise costs. pnwmom Sep 2017 #22

So what happens to those same doctors if we "fix" the ACA and actually cover everyone? Hassin Bin Sober Sep 2017 #30

Uh, no. The ACA already reduced overhead to no more than 20% and single payer should lower overhead pnwmom Sep 2017 #31

If you believe that BS about 20% I have a bridge to sell you Hassin Bin Sober Sep 2017 #32

+1 n/t area51 Sep 2017 #34

Juvenile taunts and sarcasm won't sell your position. brer cat Sep 2017 #33

Yes theres clearly a huge problem some have with the single payer proposal in the senate Warren DeMontague Sep 2017 #36

Everything is about risk bucolic_frolic Sep 2017 #8

It reminds me of driving in traffic. dogman Sep 2017 #10

But but but freedom or something JCMach1 Sep 2017 #15

That is why They don't want us to have it. Orsino Sep 2017 #19

It's far cheaper and very good, but don't forget to add on medication, dental, eye, Hortensis Sep 2017 #27

But I was told I dont understand math- because I dont see why giving for profit insurance companies Warren DeMontague Sep 2017 #35