The US Healthcare Mass Debate

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Tero
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Re: The US Healthcare Mass Debate

Post by Tero » Tue Dec 01, 2020 3:50 pm

If Trump had been re-elected, drugs from Canada would not have worked:
https://amp.cnn.com/cnn/2020/11/30/poli ... index.html
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Re: The US Healthcare Mass Debate

Post by BarnettNewman » Thu Dec 03, 2020 12:13 pm

Do Americans realize we have access to inexpensive drugs because of socialized medicine?

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Re: The US Healthcare Mass Debate

Post by Tero » Thu Dec 03, 2020 12:42 pm

No. And there are probably more questionable drugs available to Americans, that really are not effective and are produced in small amounts. But even insulin costs too much here, need public funding. We have a few areas of medicine that are covered for all the patients. Dialysis is one, it came in the Nixon era.
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Re: The US Healthcare Mass Debate

Post by Brian Peacock » Thu Dec 03, 2020 12:50 pm

I guess if you allow one company to monopolise the production of a generic drug like insulin, and then place restrictions on imports to 'protect' the domestic industry, then they're going to set the price at the highest level the market can support, plus 10% admin costs.
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Clinton Huxley » 21 Jun 2012 » 14:10:36 GMT
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Re: The US Healthcare Mass Debate

Post by Tero » Thu Dec 03, 2020 1:05 pm

I think there is a bit of a risk in an injectable, a liability. The formulation and packaging and keeping sterile is a problem. Americans tend to sue for millions.

Similarly with asthma inhalers, it is the difficulty in making a device that delivers the right amount each time that is patented, not the drug inside.
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Re: The US Healthcare Mass Debate

Post by Tero » Sun Dec 20, 2020 1:55 pm

Seniors paying for Mediacare add on plans pay 13% administrative costs
The thing that stands out the most to me in this comparison is the CBO’s deep dive into administrative costs. Medicare for All advocates have historically pointed towards the 2 percent administrative costs of traditional Medicare as what we should expect in a Medicare for All system. Critics of this view have typically argued, among other things, that Medicare’s low administrative costs are a mirage driven by the fact that their per-enrollee administrative costs are being divided by disproportionately large per-enrollee health care utilization.

This rebuttal never really made any sense. Private Medicare Advantage plans have a similarly sick and elderly enrollment population, but manage to spend a whopping 13.7 percent of their revenue on administrative expenses. The CBO’s analysis, which starts with the current Medicare administrative costs and then determines how each element of those costs would go up or down in a single-payer system, seems to put this claim to bed once and for all.

Indeed, the CBO finds that the current Medicare administrative costs that are often touted by advocates are actually higher than the administrative costs you would expect in a single-payer system because a large share of those costs are tied up in tasks like eligibility determination and collection of Medicare Part B premiums that would no longer exist in a Medicare for All system.
https://jacobinmag.com/2020/12/medicare ... urance-cbo
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Re: The US Healthcare Mass Debate

Post by Tero » Tue Dec 22, 2020 11:44 am

You can't fight city hall. But insurance companies, maybe:
https://www.politico.com/news/2020/12/2 ... ess-449759
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Re: The US Healthcare Mass Debate

Post by Tero » Mon Jan 04, 2021 9:49 pm

Capitalism fails to solve healthcare:
https://amp.cnn.com/cnn/2021/01/04/inve ... index.html
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Re: The US Healthcare Mass Debate

Post by JimC » Mon Jan 04, 2021 10:43 pm

Tero wrote:
Mon Jan 04, 2021 9:49 pm
Capitalism fails to solve healthcare:
https://amp.cnn.com/cnn/2021/01/04/inve ... index.html
Say it ain't so! :shock:
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Re: The US Healthcare Mass Debate

Post by Scot Dutchy » Tue Jan 05, 2021 11:41 am

There is no huge profits to be made in health care.
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Re: The US Healthcare Mass Debate

Post by JimC » Tue Jan 05, 2021 7:47 pm

Neither should there be...
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Re: The US Healthcare Mass Debate

Post by Sean Hayden » Tue Jan 05, 2021 7:58 pm

The United States pays more than twice as much per person for health care as other wealthy countries. We tend to blame the high prices on things like drugs and medical equipment, in part because the price tag for many life-saving drugs is less than half the U.S. price in Canada or Europe.

But an unavoidable part of the high cost of U.S. health care is how much we pay doctors — twice as much on average as physicians in other wealthy countries. Because our doctors are paid, on average, more than $250,000 a year (even after malpractice insurance and other expenses), and more than 900,000 doctors in the country, that means we pay an extra $100 billion a year in doctor salaries. That works out to more than $700 per U.S. household per year. We can think of this as a kind of doctors’ tax.
https://www.politico.com/agenda/story/2 ... es-000557/
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Re: The US Healthcare Mass Debate

Post by Tero » Wed Jan 06, 2021 10:53 am

My doctor brother-in-law is really pissed off at not being able to jet around the world this past year. He worked a year in New Zealand after he retired. Now he just drove his compact Mercedes RV around for several months and visited Seattle plus every single Minnesota state park.

He has no kids so they have to spend as much as possible. Otherwise it goes to...8 nieces and nephews. including my 2 kids.
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How can you have any pudding if you don't eat your meat?
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Re: The US Healthcare Mass Debate

Post by Brian Peacock » Wed Jan 06, 2021 10:56 am

Sean Hayden wrote:
Tue Jan 05, 2021 7:58 pm
The United States pays more than twice as much per person for health care as other wealthy countries. We tend to blame the high prices on things like drugs and medical equipment, in part because the price tag for many life-saving drugs is less than half the U.S. price in Canada or Europe.

But an unavoidable part of the high cost of U.S. health care is how much we pay doctors — twice as much on average as physicians in other wealthy countries. Because our doctors are paid, on average, more than $250,000 a year (even after malpractice insurance and other expenses), and more than 900,000 doctors in the country, that means we pay an extra $100 billion a year in doctor salaries. That works out to more than $700 per U.S. household per year. We can think of this as a kind of doctors’ tax.
https://www.politico.com/agenda/story/2 ... es-000557/
I wonder how much all that admin between parties adds up to as well.
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There are two other possibilities: one is paperwork, and the other is nostalgia."

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"This is how humanity ends; bickering over the irrelevant."
Clinton Huxley » 21 Jun 2012 » 14:10:36 GMT
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Re: The US Healthcare Mass Debate

Post by Joe » Thu Jan 07, 2021 9:44 pm

How screwed up is the US healthcare system?

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