Posted on 04/22/2014 8:58:51 AM PDT by SeekAndFind
Cheap is relative.
Absurd.
Couldn’t agree more on most points, but that doesn’t mean there isn’t a free-market solution out there that can vastly undercut Obamacare prices while mitigating the costs and administration of “free” medical services. By “solving healthcare,” I mean, primarily, DISolving Obamacare; but the old system wasn’t perfect either. Tort-reform was hardly mentioned, and you’ve got to grant that insurance-covered legal fees contributed mightily to its imperfection.
Of course, we lost; but the season’s not over yet.
Wireless becomes a lot cheaper as the price of power falls. You also have to network the reactor to get distribution. Just strap the 4G to the route and you pretty much have your fix.
Value of #10 underestimated by a googleplex of orders of magnitude.
You misunderstand me. The AMA itself collects monopoly rents on the use of CPT codes, since complete training in their use for billing and insurance claims requires the use of AMA-copyrighted materials bought from the AMA.
Their use does not reinforce the guild-monopoly of the physicians. State regulations, many of which, but not all, arguably are necessary for the preservation of public safety; constriction of the supply of physicians by pointless admissions requirements (e.g. an A in Calculus II the main content of which is the art of techniques of integration and the theory of Taylor series, material with no bearing on the practice of medicine unless at a rarified level where precisely modeling drug clearance rates might actually matter — certainly irrelevant for general practitioners, surgeons, dermatologists, and a host of other specialties); and the establishment of “reasonable and customary” charges by medical insurance companies (the top management of which is usually largely composed of physicians (price collusion, which somehow is not subject to anti-trust laws) suffice to do that.
But the use of CPT codes as if they were really a necessary part of medical practice, which they are not, or would not be except for government regulation and collusion between insurers and the AMA, together with the equally precise diagnostic codes created by the World Health Organization (the ICD-9 codes, soon to be even worse and more inefficiency creating with the more minutely detailed ICD-10) are the whole basis for the inefficient insurance bureaucracies and the parasitic medical billing and claims industry which has grown up to deal with the needless bureaucracy.
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