Big Healthcare is no exception, and it is important to understand just what healthcare is. The trillions of dollars of revenue sucked in by Big Healthcare are not just for medical care. “Healthcare” is mainly concerned with collecting and distributing the money. Perhaps half of the money gushing through the system pays nurses, doctors, orderlies, receptionists, or therapists, or buys medications, oxygen concentrators, wheelchairs, bandages, or x-ray machines. The rest is diverted to something else. It’s hard to figure out just how much because insurers may, in calculating the “medical loss ratio,” call a lot of things “healthcare” that you might call “administration.”
Tagged: Jane Orient
There is one thing that supporters and detractors of Bernie Sanders might agree on: he seems to be honest about his convictions. He is an avowed socialist, instead of pretending to believe in a role for private insurance. Unlike Barack Obama, his answer to the question “Do you get to keep your insurance plan?” is plainly No. There won’t be any more insurance plans. Everyone will be on Medicare.
While Americans are preoccupied with the political theater of the Presidential race, special interest groups toil to pass legislation that could radically transform your medical care. One example is the Interstate Medical Licensure Compact, which has passed in 11 states. Pennsylvania has joined a number of others in proposing it.
Earlier this month, Doctors for Disaster Preparedness (DDP) hosted their 33rd Annual Meeting in Ontario, California where they discussed the “Myths, Superstitions, and Real Threats Contronting America.” DDP is a non-profit organization based out of Arizona whose mission is to promote “homeland defense and prudent preparedness for disasters of all kinds.”
The president’s latest decision to effectively exempt a portion of the American people from the individual mandate is the most egregious and unlawful step he has yet taken in the failed rollout of his health care law.