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Thread: Warren Buffet Says Scrap Obamacare Start over[W:67]

  1. #31
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    Re: Warren Buffet Says Scrap Obamacare Start over

    Quote Originally Posted by Mycroft View Post
    There is really only one way to deal with the ER problem: Remove the requirement that they treat anyone who walks in their doors.
    My only problem with this is that you are going to have more sicknesses on the street causing a evening bigger issue in the low income areas.

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    Re: Warren Buffet Says Scrap Obamacare Start over

    Quote Originally Posted by rcart76 View Post
    My only problem with this is that you are going to have more sicknesses on the street causing a evening bigger issue in the low income areas.
    Maybe. We also might have more people dying in the street because they didn't get any treatment. On the other hand, we also might get more charity-based free clinics starting up.

    But one thing we won't have is that 3-5 hour wait that Maggie had for her real emergency. (and hospital prices could even fall some, too)
    TANSTAAFL

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    Re: Warren Buffet Says Scrap Obamacare Start over

    Next time you receive medical care, ask what the cash payment would be, versus the insurance price they will be billing. In most cases it can be roughly half the billed amount.

    I've never received a reasonable answer as to why this that is.

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    Re: Warren Buffet Says Scrap Obamacare Start over

    Health care/insurance is a hard nut to crack. Typically you'd just put the consumer in charge with protections. But health care is complicated and the terminology is complicated. And while many elitists will create bull**** lingo to keep themselves in the elite and the rabble in their lowly place...medicine is actually really freaking complicated because the human body and chemistry/biology is really insanely freaky complicated.

    Add on top of that, that it's relatively unpredictable and may cost nearly nothing, to millions.
    Add to that the fact that it's often your entire life at risk.

    Just from an academic perspective that's got to be some of the most complicated issues all rolled into one, trying to be solved by a mix of private/public/industry. I don't like what they are doing now, but I also don't envy the challenge.

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    Re: Warren Buffet Says Scrap Obamacare Start over

    Quote Originally Posted by ocean515 View Post
    Next time you receive medical care, ask what the cash payment would be, versus the insurance price they will be billing. In most cases it can be roughly half the billed amount.

    I've never received a reasonable answer as to why this that is.
    In most cases, they won't tell you.

    but, when you get your explanation of medical benefits, check out how much was billed, how much the insurance paid, and what your co pay is, then picture yourself getting a bill for the amount billed the insurance company.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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    Re: Warren Buffet Says Scrap Obamacare Start over

    Quote Originally Posted by SBu View Post
    Couldn't agree more. The problem with Obamacare is that it addresses symptoms rather than addressing the problem. The problem seems to be that hospitals come up with arbitrary charge schemes. Not such a bad idea for a business to do that except this is healthcare we're talking about and not buying a sandwich. Why not just come up with a cap system for what hospitals can charge? Maybe also think of ways to increase competition among hospitals. Don't make people buy insurance if they don't need it, can't afford it, or can't navigate it. Just lower costs so a trip to the hospital for both an insured person and a non-insured person is manageable financially?

    Obamacare's solution: Well, it's too difficult to address the problems, so we'll just make everyone pay more. Doesn't take thousands of pages to say that.
    What would that cap be? How often will this be updated?

    Rather I think you should just get rid of the "not for profit" hospital designation. They complain about having to drive up costs because they are giving away free healthcare... yet they don't pay taxes because they are giving away free healthcare? Something has to give here.....

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    Re: Warren Buffet Says Scrap Obamacare Start over

    Replace it, don't scrap it. If we eliminate Obamacare there will never be an impetus to work for healthcare improvement for at least a generation.

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    Re: Warren Buffet Says Scrap Obamacare Start over

    I only agree with Warren when he agrees with me--and we quite frankly, we are both all over the map.

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    Re: Warren Buffet Says Scrap Obamacare Start over

    Quote Originally Posted by Dittohead not! View Post
    In most cases, they won't tell you.

    but, when you get your explanation of medical benefits, check out how much was billed, how much the insurance paid, and what your co pay is, then picture yourself getting a bill for the amount billed the insurance company.
    "won't tell you" has not been my experience. Every time I have asked for the cash price for the medical services I have been given, they have made it available to me.

    I don't recall ever seeing less than a 30% discount from the "regular" price.

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    Re: Warren Buffet Says Scrap Obamacare Start over

    Quote Originally Posted by ocean515 View Post
    "won't tell you" has not been my experience. Every time I have asked for the cash price for the medical services I have been given, they have made it available to me.

    I don't recall ever seeing less than a 30% discount from the "regular" price.
    Which is why they market up the prices for the uninsured by 30% to create the illusion of a discount. Honestly, I'd rather just see them be charged one price. Otherwise it just feels like collusion and price setting.

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