How health insurance parasites have created a health care famine

Clark Newhall writing for the Salt Lake Tribune

The price of our privately run, profit-driven medical-industrial complex has caused this famine. About one-third of every dollar going to health care pays for administrative costs -- for utilization reviewers, for computer programmers, for advertising, for sales managers, for executives of all kinds, for billing clerks, for coding clerks, for CEO bonuses in the millions and hundreds of million -- and for profits.

We are not talking about government waste. We are not talking about the cost of actually treating the sick and nurturing the healthy. We are talking only about the cost of running our profit-making health insurance industry.

One third of the health-care dollar -- that amount is far more than enough to give excellent medical care to everyone in the nation. It is far more than enough to fund the (privately-owned) surgical centers and imaging centers and Lasik centers that sprout up on every corner. It is even more than the amount we have given to Wall Street to bail out financiers and bankers from their hubristic near-demise.

Comments

It's all about the fees, baby!

And that's all it's about.

Do we have a breakdown of the overhead? That would go to answer the "unemployment" issue raised by herb the verb earlier.

"First they ignore you, then they ridicule you, then they fight you, then you win." -- Mahatma Gandhi

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

Feed the hamsters...

... that work the wheels that keep the Mighty Corrente servers turning. Help us cover monthly hamster kibble anxiety:

...or provide temporary relief:

Thank you!