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Pervasive perverse incentives, courtesy of 60 years of government interference.
1 posted on 03/03/2010 4:27:19 AM PST by xlib
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To: xlib

Like Ronald said, “Government is the problem”. The difficulty is convincing the populace.


2 posted on 03/03/2010 4:35:54 AM PST by wita
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To: xlib

Medicare costs at least 25% more than the accountants say due to these types of implicit tax shifts. medicaid probably 50%.


3 posted on 03/03/2010 4:44:50 AM PST by Rippin
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To: xlib
"They're making up for underpayments elsewhere," Umbdenstock said. "Certainly if you're the patient to whom the cost is being shifted you feel you are paying more than you should. The public programs need to pay their fare share. At the same time hospitals are trying to lower their cost of providing care, so that they don't have as great a gap."

Only partially true. They are also making up for what they see as underpayment from insurance companies.

I had a kidney stone removed (it took two operations) and for the first operation that lasted 1.5 hours the total billed was almost $24,000. That works out to $1,000/hr. The aggregate billers only got about $18,000 but still the idea that it cost that much is ridiculous.

I don't think the doctor should have been paid for the first one since he didn't finish the job and I had to go back three weeks later and and they billed $15,000 for another .75 hour operation.

The "cost" of health care is obscene.

4 posted on 03/03/2010 4:53:23 AM PST by raybbr
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To: xlib

Basically the govt rips you off a couple different ways with Medicare ... first you pay taxes which don’t benefit you, but someone else; then it drives up the cost of your healthcare at work, so now you have to earn more, meaning you have to pay more taxes on the additional income; then you get less service when you do go to the doctor’s office or hospital because of the stupidity of forms you have to fill out, and that only the bare minimum of people will be hired due to them trying to keep costs down.


6 posted on 03/03/2010 4:56:07 AM PST by ikka
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