The average profit margin for an health insurance company is 5%. Assume that we go to single payer, does anyone in their right mind believe that government incompetence, and inefficiency, will be less than 5%? NOT A CHANCE!
“The average profit margin for an health insurance company is 5%. Assume that we go to single payer, does anyone in their right mind believe that government incompetence, and inefficiency, will be less than 5%? NOT A CHANCE!”
We paved the way for all of this when we decoupled the patient from the process of paying for his or her medical care. Once you take the consumer out of the loop, it’s Katy bar the door for the wholesale corruption and collusion between the government, the providers, the drug companies and device mfrs, and the insurance companies. Now they all point fingers at eachother but none of us really knows who’s the biggest crook of the lot! Just watch this cluster f-uk going on with Heather Bresh of Milan Pharmaceuticals and the Congress. She’s a crook, but she’s being “grilled” by a bunch of self-serving idiots. This bitch and her $19 million salary needs to be behind bars, but instead these worthess turds in The Congress pontificate, then go home and nothing is done!
We could put a bunch of skid row bums in all the seats in the Congress and it would be an improvement.