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Thread: Why Is Healthcare Insurance So High?

  1. #11
    Moderator HayJenn's Avatar
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    Quote Originally Posted by johnflesh View Post
    It's a complicated mess of issues that domino, but you said it. It really sucks.
    I know - seriously who knew health care could be so complicated?
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  2. #12
    Veteran Member TNVolunteer73's Avatar
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    Many prices charged by the Healhtcare providers is DICTATED BY MEDICARE AND MEDICAID.

    You see the Providers must charge MARKET PRICES for services

    https://www.washingtonpost.com/busin...=.d80a47d8077c

    https://www.forbes.com/sites/danmunr.../#4f22a59c6700
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  3. #13
    Shitposting Rank 4 Missle Command Champion johnflesh's Avatar
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    Quote Originally Posted by HayJenn View Post
    I thought this article made a lot of sense for a starter discussion..

    10 no-brainer ways to cut healthcare costs without hurting quality | TheHill

    I think the #1 thing right now that is out of control is the ever rising cost of prescriptions. Heck we have pretty insurance and the cost of just the few meds we use just keep going up and up. I can't imagine what it would be like if you had something like diabetes or cancer.

    But of course big pharma is by far the biggest lobby group in DC.
    I agree. Part D is a big issue as those prices vary greatly due to a lot of factors but the most glaring is the inability to negotiate prices with drug companies.
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  4. #14
    Shitposting Rank 4 Missle Command Champion johnflesh's Avatar
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    Quote Originally Posted by TNVolunteer73 View Post
    Many prices charged by the Healhtcare providers is DICTATED BY MEDICARE AND MEDICAID.

    You see the Providers must charge MARKET PRICES for services

    https://www.washingtonpost.com/busin...=.d80a47d8077c

    https://www.forbes.com/sites/danmunr.../#4f22a59c6700
    Yes. They are too high, as dictated by anyone. We are buying the same thing 3 times and getting it once, as it were.

  5. #15
    Veteran Member TNVolunteer73's Avatar
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    Quote Originally Posted by johnflesh View Post
    Yes. They are too high, as dictated by anyone. We are buying the same thing 3 times and getting it once, as it were.
    No, Medicare sets the price of procedures, the cost of procedures sets the cost of insurance, insurance companies are required to keep a Reserve that will cover 75% of maximum benefit payout.

    Remember that 15 dollar Tylenol you got in the hospital that cost was set by Medicare.

  6. #16
    Shitposting Rank 4 Missle Command Champion johnflesh's Avatar
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    Quote Originally Posted by HayJenn View Post
    I know - seriously who knew health care could be so complicated?
    My wife is an RN. We talk about this all day. Its not only complicated, its made to be complicated.

  7. #17
    Veteran Member TNVolunteer73's Avatar
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    Quote Originally Posted by johnflesh View Post
    I agree. Part D is a big issue as those prices vary greatly due to a lot of factors but the most glaring is the inability to negotiate prices with drug companies.
    Prices are not set by Part D.. Part D is the only medicare plan that is not in the red. Market Prices for procedures is set by PART B. not part D.

  8. #18
    Shitposting Rank 4 Missle Command Champion johnflesh's Avatar
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    Quote Originally Posted by TNVolunteer73 View Post
    No, Medicare sets the price of procedures, the cost of procedures sets the cost of insurance, insurance companies are required to keep a Reserve that will cover 75% of maximum benefit payout.

    Remember that 15 dollar Tylenol you got in the hospital that cost was set by Medicare.
    I'm not arguing your point. Its a fact that medicare sets the prices. Got it.

    What I'm saying is the price is too high. Did you read the thread?

  9. #19
    Veteran Member TNVolunteer73's Avatar
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    Quote Originally Posted by johnflesh View Post
    Yes. They are too high, as dictated by anyone. We are buying the same thing 3 times and getting it once, as it were.
    the price they CHARGE is dictated by Medicare and Medicaid.. not that they are too High.. the actual market price (these market prices are set by region) NY the market price is different that the market price of Jackson MS, which is Different than LA, CA,
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  10. #20
    Moderator HayJenn's Avatar
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    I found this to be pretty informative as well

    https://www.zanebenefits.com/blog/8-...ntinue-to-rise

    Number 3 stands out for me.

    Did you know nearly half the U.S. population has one or more chronic conditions such as asthma, heart disease, or diabetes? Chronic illnesses combined with an aging population drives up costs. Additionally, two-thirds of adults are either overweight or obese, which also leads to chronic illness and inflated medical spending

    We could be doing a lot more in that area to encourage healthier life styles for people.

    I know a lot of former smokers who quit because of the taxes. Smoking rates are the lowest in this country than they have ever been (and that is a good thing not only for smokers, but from a health cost perspective as well. ).

    Oh and stop ordering so many damn tests - most of which are repetitive.
    Thanks from johnflesh

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