Why is health care so expensive?
Insurance companies are mediators between doctors and patients who have to make profits after they pay employees to process claims, and all the cost involve in it. Doctors have to make a living; pay their debts and aids, plus the employees involved exclusively in the billing process. This mediation between the patient and the doctor inflates the cost of health care and gives room for fraud. So getting the insurance company out of the bill by paying cash directly to the doctor should save a lot of money. Instead, on the other hand, if a patient pays an income tax for health care, the government would pay a quarterly amount of money to the health group that the patient chooses. If the patient is not satisfied with the health group he or she should be able to change a doctor within the group or select a different health group.
I am now on Medicare. One year, I paid about fifteen hundred for the plan B premiums and I went to the doctor once for just a check-up. The plan B only covered one third of the cost of that visit and I had to pay two thirds of the cost. I think a visit to a private doctor would not have cost me that much.
Who do you think is fighting against the affordable care? Would it not be the insurance companies? On one hand, insurance companies would have to eliminate jobs, but on the other hand health groups would need to hire more employees to deal with the bigger number of subscribers for health.
Hillary Clinton said: “If you like what you have, you keep it, but if you don’t, you have the affordable care option”.
The employer would not be bound on provided health care for the employees because instead, it would be the income tax involved in it. Some employers have chosen to go overseas because the health care they have to provide for employees made the business non profitable and less competitive with production overseas.
Socialized medicine is very much like the affordable health care. Health insurance is out of the picture and the patient goes to the nearest doctor or hospital were no copay was required. Isn’t it in the best interest of the government to have healthy workers who do not have to die for luck of medical assistance?
If I am wrong, I would like to hear from someone who knows better. It should not take long now since we would be able to discover how it works and it is implemented.