2016 Postmortem

Recursion

(56,582 posts)

37. 4%, not 25%

Sat Nov 28, 2015, 06:47 PM

Nov 2015

Last edited Sat Nov 28, 2015, 09:05 PM - Edit history (1)

The difference between the premiums private insurance takes in and the payments they give to providers is 4% of our national healthcare spending. It's irritating but not the problem; the 60% that physicians and hospitals take is the problem.

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The Best Health Care Fix You've Never Heard Of [View all] elleng Nov 2015 OP

Thanks for posting this, elleng Samantha Nov 2015 #1

Thanks, Sam, elleng Nov 2015 #2

And it still includes insurance firms profit for providing no real service daybranch Nov 2015 #3

Maybe you missed this part Andy823 Nov 2015 #6

Please address the point made kristopher Nov 2015 #29

doesn't medicare get funded hill2016 Nov 2015 #39

K&R!!! This is excellent! Nt riderinthestorm Nov 2015 #4

It has merit....though I don't think "industry support" should be the goal Armstead Nov 2015 #5

did you read the part where unitedhealth hill2016 Nov 2015 #12

Frankly, that is the point Armstead Nov 2015 #21

Thank you. Enthusiast Nov 2015 #27

Yes. ACA has been in place for such a short time, and rising rates are already squeezing GoneFishin Nov 2015 #33

the reason rates are rising is hill2016 Nov 2015 #40

Great argument MFrohike Nov 2015 #36

Thanks elleng Andy823 Nov 2015 #7

Single payer includes negotiating hospital, provider and drug prices. Problem solved n/t eridani Nov 2015 #8

nope hill2016 Nov 2015 #13

If you'd read any of the actual single payer bills on offer, you'd know that price negotiation-- eridani Nov 2015 #18

Existing "single payer" systems don't allow health care profiteers to run roughshod over consumers. Enthusiast Nov 2015 #28

Kick to the top Andy823 Nov 2015 #9

A stop gap solution - but we still need to working for single payer Matariki Nov 2015 #10

Excellent Post, EllenG! Aerows Nov 2015 #11

It is about protecting the status quo because doing so makes certain people rich. Bread and Circus Nov 2015 #17

my only question hill2016 Nov 2015 #14

“Governor, you’re breaking the rules.” Crystalite Nov 2015 #15

Thanks and you're welcome, Crystalite. elleng Nov 2015 #19

As a physician I can say this is an interesting idea. Bread and Circus Nov 2015 #16

Insurance companies...meh. Still, I would love to see Sanders and O'Malley actually just discuss Live and Learn Nov 2015 #20

This sounds more like price controls and rationing than rational. Also looks like a libertarian idea Todays_Illusion Nov 2015 #22

kick to the top. nt Andy823 Nov 2015 #23

Kick nt Andy823 Nov 2015 #24

k&r bigtree Nov 2015 #25

To me, insurance companies add zero value to the vast majority of Americans Jarqui Nov 2015 #26

+100%! Enthusiast Nov 2015 #30

4%, not 25% Recursion Nov 2015 #37

there is a lot of administrative costs that would disappear hill2016 Nov 2015 #41

Really? Jarqui Nov 2015 #42

you said hill2016 Nov 2015 #44

From the study referenced Jarqui Nov 2015 #45

The 4% is straight from CMS; it's hard to argue with Recursion Nov 2015 #48

I've been talking about the trillion dollars private insurance handles and %s related to that Jarqui Nov 2015 #50

Well, actually, you were talking about the percent of all healthcare spending, until you saw Recursion Nov 2015 #51

Those are not my accurate positions you are responding to. Jarqui Nov 2015 #52

They spend less because *they regulate costs* Recursion Nov 2015 #53

Nope, I disagree. Not accurate. Jarqui Nov 2015 #54

actually hill2016 Nov 2015 #43

The potential "administrative savings" is unfortunately another unicorn, I think. Recursion Nov 2015 #49

From the article above House of Roberts Nov 2015 #31

As long as you have significant parties involved in the process (like private insurers) Jarqui Nov 2015 #46

Really interesting. Thanks ellen, for posting! n/t ms liberty Nov 2015 #32

You're welcome, ms liberty. elleng Nov 2015 #34

kick bigtree Nov 2015 #35

Health insurance should be a public utility. Private insurers are bloodsucking leeches. Cheese Sandwich Nov 2015 #38

you do know that hill2016 Nov 2015 #47