Industries Hurt Most by Soaring Health Costs

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Yes, we are the laughing stock of the world because this isn't the first industry bubble that we have had in recent years...and we still don't know what to do with bullies...financial bullies, that is.

We used to shoot foxes...but that was a different era. Now we protect them and let them kill the chickens and eat them. Hmmm. Maybe the justice (or lack thereof for white collar crime) system is at the heart of these problems. After all, it seems everyone has a lawyer and an insurance agent somewhere in their gene pool :-) or extended family. So we might as well support our kin :-)

Carolyn of CA 12:38PM January 11, 2010

The person at the top asked why the author uses the "false" 47 million uninsured number!

Who cares: even if its only 10 million, the rest of the world looks at us as the laughing stock of the civilized world.

The wealthiest country, no nationl health, and towards the bottom for both life expectancy and infant mortality!

If that fellow at the top were suddenly without health insurance, I would say he may jump his 47 million ship and beg for a national plan!

Kurt K of CT 3:51PM December 24, 2009

Why is the author still using the number of 47 million uninsured Americans???? By now, we all know this number not only is inaccurate but it purposefully reported even though authors' know it is incorrect!

Jason of NC 1:15PM December 24, 2009

I live in Woodruff Wi. I've had American Family insurance under 2yrs. I was forced to get my own insurance after a divorce. I'm a single women 60yrs. I have a health saving plan with American Family. I have never been on any prescription drugs. I had a kidney stone last Christmas. A first. Had to go in for out patient surgery on New Years Eve. 4hrs cost 21,000 dollars at Marshfield clinic. Found 4000 dollars in errars on my bill. Now American Family increased my premium from 242 to 424. 200% I can't afford health insurance.. American Family says its do to rising medical costs and I am not singled out based on individual claim history. The premium also reflects an age increase. 200% Right!!!!! I had car insurance for over 20yrs with them. I have home owners insurance over 20yrs with them. I was forced to get other insurance due to increase on each. They said I was going to get a discount because I had several different coverages. Never Happened. How does American Family get away with this.... They also claim the rate increase is due to our state of Wisconsin. They also said if the premium amount required on the increase wasn't received within 30days they would cancell my policy. How do they get away with this. I can't afford health insurance anymore..... I'm am unhappy women. Shame on American Family

Peggy of WI 9:04PM November 04, 2009

RE: Healthcare Workers overpaid? by, HN of NJ:

Quote:

"Using professional athletes or entertainers for comparison is fallacious. To start with, a pro athlete has a certain natural talent. A pro athlete is one that makes it to the top floor that has very limited room."

-It's hard to disagree with the natural talent of pro athletes or the fierce competition for limited room. However, using athletes and entertainers is actually a perfect comparison. Heaven forbid you or any loved one ever is in need of surgery, has to consult a Doctor about an illness, or anything in between. Life doesn't always go as planned however, and if you needed to deal with any medically trained staff, I think you will often find(Not always, but there are some less than impressive athletes and entertainers too, drawing the comparison closer) that they are talented people dedicated to helping others, and if you think that a cardiac surgeon doesn't need natural talent, then maybe you or I should consider performing some triple bypasses?

"The room for doctors is only restricted by the bogus roadblocks placed by AMA. "

-I'd have liked at least one example of a "bogus roadblock" placed by the AMA(American Medical Association). Assuming that you are referring to the difficulty of becoming a licensed physician allowed to care for the ill and prescribe powerful drugs, you must realize that an incompetent doctor could ruin the lives of dozens, if not hundreds of families. Malpractice insurance rates should attest that many people already think too many doctors are incompetent. The AMA is trying to make sure you or I get the best.

"A pro athlete provides a auxiliary service (entertainment) that is voluntarily consumed while a doctor provides a basic necessity.

A more apt comparison is with a skilled technician (training and licensing aspects) or with Teachers, Policemen and Firefighters (public good, basic necessity aspects)."

-The best way to prove a bad comparison IS to find a better one, but you didn't. There are literally dozens, if not hundreds of professions that could fall under the title "skilled technician" depending on your criteria. None of them are caring for people's lives or cause such harm when they fail. I wouldn't use those public servants you mentioned in your comparison: public opinion is already that they're grossly UNDER paid for their services. Using them as example that someone else is OVER paid doesn't make sense to most people.

"Finally, Can someone explain to me why a crummy bed in a small shared room a hospital costs over 5 times that of a suite in a 5 star hotel? Mind you, this is only hospital cost (not costs of any tests conducted or any physician service cost which are billed separately)."

-A common complaint I'm afraid. Basically, insurance providers fight to not pay, and patients denied coverage can't pay. So other already burdened patients have to cover for it in the room charge. A good example of costs from the system itself.

A. Webb of MO 3:06PM October 28, 2009

Tom of PA:

Using professional athletes or entertainers for comparison is fallacious. To start with, a pro athlete has a certain natural talent. A pro athlete is one that makes it to the top floor that has very limited room. The room for doctors is only restricted by the bogus roadblocks placed by AMA. A pro athlete provides a auxiliary service (entertainment) that is voluntarily consumed while a doctor provides a basic necessity.

A more apt comparison is with a skilled technician (training and licensing aspects) or with Teachers, Policemen and Firefighters (public good, basic necessity aspects).

Finally, Can someone explain to me why a crummy bed in a small shared room a hospital costs over 5 times that of a suite in a 5 star hotel? Mind you, this is only hospital cost (not costs of any tests conducted or any physician service cost which are billed separately).

HN of NJ 1:01PM September 22, 2009

I pay for health insurance. The costs have gone up so much, that we can't afford to pay the co-payments. The percentage owed from illnesses has been a pain on my family to pay for.

I have not been to a doctor in two years. I can't afford to go. We are paying for care we already received and follow up cancer care for my wife. Who knows if there is a condition that is not being dealt with.

I have a family history of glaucoma and early diagnosis. Yet, I can't afford to treat it. I know that if this does not change, I will go blind.

Hospital trauma centers are threatening to close because so much expensive care is not paid for.

Even with insurance, medical care is too expensive. A lot of people are not getting the care they need and I am one of them.

The care th

Walter of WI 5:02PM September 15, 2009

The cost of malpractice insurance is in no wqay related to the high cost of health care. Malpractice occurs because doctors/physicians cannot police their own ranks. A bad doctor may be reprimanded in one state, allowede to migrate to another state and set up practice and continue his misdeeds. Every organization in the country has the means and mechanisms to rid themselves of bad characters, miscreants who besmirch the name of their participating organizations. Eliminating malpractice insurance for doctors would really weed out the inefficient and or unqualified ones! That, in my opinion would do much to lower health care costs

Old coot 70 years old

Carl of WI 1:51AM September 11, 2009

For partmary of MT: Only doctors have to be 100% right 100% of the time. Imagine if you could be sued every time you made even a minor mistake at your job. Malpractice award caps are only a first step. States or the feds need to make it harder for lawyers to bring frivolous lawsuits. In many states, licensing agencies look at the number of suits against an individual, not just judgment amounts. A doctor with 3 lawsuits that were baseless and decided in favor of the doctor are nonetheless 3 black eyes, whereas another doctor with a gross error and significant judgement only suffers one black eye to his or her reputation and ability to earn a living. To get a criminal conviction, a prosecutor must get 12/12 jurors (100%) to say guilty. A plaintiff's lawyer only has to offer a theory that is more reasonable than that of the defendant doctor's attorney (51%). Caps alone don't reduce the jeapordy doctors face.

For John of FL: The assertion that healthcare workers are overpaid while others suffer is preposterous. Have you looked at the salaries of professional actors and athletes lately? What would happen if we took a budding quarterback out of high school, made him spend 8 years and take out over $100,000 in loans before he could play a single moment in a professional game. Then make him play over 40 hours a week (not counting practice) and limit his pay to about $125,000/year for a primary care physician. Then tell him that he can be sued by fans for every interception, sack, loss of yardage, or incomplete pass. How many QBs would you have then? Take most doctors' salaries and divide by the number of hours they ACTUALLY work in a year (many work 60 or more hours a week) and you'll see that some doctors make less per hour than an assembly line worker. When you have your heart attack at 3 in the morning, you'll be glad that most healthcare workers are in it to help people and not for the pay!!!

Tom of PA 12:42AM September 10, 2009

I have worked in healthcare for over 20 years, and have yet to see anyone who needs help get it. I promise you I give away more of my time to those that can't pay than John from FL.

Chuck of LA 5:54PM September 09, 2009

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Rick Newman

Rick Newman

The global economy is mysterious, even scary. Chief Business Correspondent Rick Newman connects the dots. In addition to his writing for U.S. News, Rick is the co-author of two books: Firefight: Inside the Battle to Save the Pentagon on 9/11, and Bury Us Upside Down: The Misty Pilots and the Secret Battle for the Ho Chi Minh Trail.


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