Scotties Toy Box

September 17, 2019

Health care should not be about profits for insurance companies

Filed under: Cartoons, Drugs, Economics, Greed, Health, Memes, News, Political, Questions — Scottie @ 06:06
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Do you want a bill when you use the fire department? Do you want a bill when they snow plow the streets?

Why would anybody want premiums and deductibles? The model is horrible.

Health care should not be about profits for insurance companies.


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5 Comments »

  1. The cost savings is actually going to be much, much more for the average person than just the elimination of insurance premiums, co-pays, deductibles, etc. would indicate. A lot of companies provide at least some kind of company subsidized health care insurance for employees and that cost is passed on to consumers in the form of higher prices for products those companies made. For example, I’ve heard that health insurance for employees adds somewhere around $1,500 – $4,000 to the cost of a new car or truck. Not sure if those numbers are accurate but certainly auto makers and other manufacturers have to add the cost of health insurance for employees into the sales prices of their products. So we’re all paying anyway, the costs are just hidden in the retail prices of products we buy.

    Liked by 1 person

    Comment by grouchyfarmer — September 17, 2019 @ 06:20

    • hello grouchyfarmer. Very true. I read a bunch of small businesses have come out for Medicare For All just because it removes a tax or fee on their costs. Companies that compete with companies in countries with universal healthcare are at a disadvantage because of covering healthcare. It is a weird thing that a societal need like healthcare for the people got pushed onto employers in the first place. The only thing stopping a surge for Medicare For All is the obscene amount of lobbying money and political bribes insurance and drug companies use with politicians. Hugs

      Liked by 1 person

      Comment by Scottie — September 17, 2019 @ 06:50

      • Just curious — you do know that Medicare only pays a percentage of medical expenses, there is a yearly deductible, and some procedures are not covered at all, yes?

        Liked by 1 person

        Comment by Nan — September 17, 2019 @ 12:28

        • Hello Nan. In all the time I have had medicare I have never reached a limit. While there is a deductible I never felt it was as bad as the deductible I had when I had my work insurance. I know the up front payment for seeing doctors was a lot less. But the question is mute, is not at all part of the equation. Under the true Medicare For All plan that both Bernie and Warren support there is no deductible. Your only costs will be about $200 a year in medication cost. If you can not afford that then there is no cost. That is the great thing about the plan and most people miss all the things the new Medicare will provide. Dental, glasses, hearing aids and other things will be provided for under the plan. I guess you could say it is Medicare Plus. I remember I had to have my first right hip replacement done by the VA with an inferior implant and a huge scar because I couldn’t afford the surgery. It still pains me today. I had to wait three years even with insurance until I got Medicare also because I couldn’t afford the copay for my left hip replacement. Ron and I together make a what use to be called a good middle class income. It is not so today but we are better off than many in our area. But medical costs hit us hard. It shouldn’t be that way in the “richest country on Earth”. Hugs

          Liked by 1 person

          Comment by Scottie — September 17, 2019 @ 14:44

      • I read somewhere that the shift to employers providing health insurance started in WWII. Before that very few offered any kind of insurance, and most people didn’t have it at all. During WWII there were strict wage and price controls in place and a very serious shortage of workers. Companies couldn’t raise salaries to attract employees, so they somehow cut a deal with the government to allow them to offer health insurance as a perk to attract employees, and with the IRS so the Infernal Revenue Service wouldn’t tax insurance benefits as income. After the war, I imagine a lot of companies wanted to drop it, but by that time potential employees started to expect and demand health insurance. And it was still fairly cheap at the time because costs hadn’t started to spiral out of control. And so here we are, stuck with this, while virtually every other first world country has some kind of national health service providing care for everyone.

        Like

        Comment by grouchyfarmer — September 17, 2019 @ 16:56


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