Posted by JML755 on October 06, 2016 at 09:57:03 from (97.78.165.130):
In Reply to: health insurance posted by Ward1989 on October 05, 2016 at 18:54:40:
Quoting Removed, click Modern View to see
There are many factors in the cost of health care. My wife is a Research nurse (for over 30 years) employed by a major research hospital. The cost of compliance for bringing out a new medical product (clinical studies, paying test patients, paperwork trails, monitors who fly in and audit their protocols as mandated by the government, etc) is astronomical. My daughter is an attorney who works for a major pharmaceutical company. She is responsible for the legal compliance of TWO products in ONE division of the company. She is swamped with work making sure the company is compliant with government regulations. She makes well into six figures. Multiply that by the number of drugs and drug companies. My brother is a risk manager for a major hospital chain. His job is to handle the lawsuits against the hospital and its doctors/nurses, etc. His annual budget for settling cases is in the tens of millions of dollars. That doesn't include the ones he decides to take to court because they are so blatantly frivolous AND he loses. My family doctors spends a lot of his time trying to make sure he codes my diagnoses right in order to get paid by Medicare (a government agency).
In the old days, you'd go to a doctor who had a black bag and stethoscope and a nurse. No computers, no fancy diagnostic machines that can look inside your body.
Everyone complains about the high cost of health care but doesn't understand all that goes into it. From my examples above, I claim it's due to:
- government regulation
- high tech nature of the industry
- ambulance chasing attorneys who look for the deepest pockets when there is not a perfect outcome when you get sick.
Turn on the radio or TV and we're bombarded by attorneys advising that "you could be entitled to substantial money if you ever had ---- (fill in the blank procedure/drug), but time is running out to file a claim so call us now at 1-800-WESUE"
I, too, think that the country was sold a bill of goods on the ACA that could not possibly be fulfilled. There aren't enough top-notch heart surgeons, cancer doctors, etc. to GUARANTEE everyone in this country access to the best health care possible AND at reduced costs. That's a pipe-dream. There's no free lunch and SOMEONE has to pay the bill.
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