Author Topic: What the health-care system really needs: A bulldozer  (Read 478 times)

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Offline Bigun

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What the health-care system really needs: A bulldozer
« on: March 09, 2017, 10:32:52 pm »
What the health-care system really needs: A bulldozer


Published: Mar 9, 2017 10:05 a.m. ET

Obamacare and its replacement suffer from same malady: Getting the economics wrong

Chronic Republican kvetching aside, the underlying problem with the Affordable Care Act, better known as Obamacare, was always one of economics. The law increased the demand for health care with universal access. It did nothing to augment supply: the quantity or quality of health care services. The promise to reduce costs defied the law of supply and demand.
With an insufficient number of healthy people enrolling in the exchanges to subsidize the sicker ones, insurers began to lose money. An increasing number headed for the exit. Fewer choices and higher costs were not part of the Obamacare talking points.
The Republican repeal-and-replace alternative, unveiled this week, suffers from the same inherent flaw.

http://www.marketwatch.com/story/what-the-health-care-system-really-needs-a-bulldozer-2017-03-09
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Offline INVAR

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Re: What the health-care system really needs: A bulldozer
« Reply #1 on: March 10, 2017, 12:55:10 am »
It needs much more than a bulldozer.

Fart for freedom, fart for liberty and fart proudly.  - Benjamin Franklin

...Obsta principiis—Nip the shoots of arbitrary power in the bud, is the only maxim which can ever preserve the liberties of any people. When the people give way, their deceivers, betrayers and destroyers press upon them so fast that there is no resisting afterwards. The nature of the encroachment upon [the] American constitution is such, as to grow every day more and more encroaching. Like a cancer, it eats faster and faster every hour." - John Adams, February 6, 1775

Offline jmyrlefuller

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Re: What the health-care system really needs: A bulldozer
« Reply #2 on: March 10, 2017, 01:00:32 am »
Here's how the system works:

- Medical schools up their requirements and costs
- Doctors are now saddled with exponentially increased student debts
- Doctors now have to charge more to cover those debts, which often leads to them joining big chain hospitals, leaving a critical shortage of care in rural areas
- Chain hospitals have to up their prices to cover the costs
- Insurance companies either balk and leave the network, or pass the costs onto the consumer
- Chain hospitals then pass the remaining deficits onto those without insurance
- Those with insurance then can't cover the cost of it

Obamacare's solution:

- Punish those who drop their insurance for cost reasons by taxing them out of the money they don't have
- Bloat the Medicaid rolls
- Set up cooperatives that would hopefully be more attractive to cost-conscious consumers... then tax them when they succeed in drawing the younger, healthier consumers and force them to collapse
- Distract people into thinking that insurance "coverage" is the most important part.

This, of course, didn't work.

The proposed GOP plan's solution:

- Uh...
« Last Edit: March 10, 2017, 01:01:49 am by jmyrlefuller »
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Online Elderberry

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Re: What the health-care system really needs: A bulldozer
« Reply #3 on: March 10, 2017, 01:12:32 am »
                                      Put a Flamethrower to it!