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But it is not difficult to isolate from common sense. No one should profit from denying someone healthcare. All systems have ration care but it is immoral for
by synetic 3y ago
But it is not difficult to isolate from common sense. No one should profit from denying someone healthcare. All systems have ration care but it is immoral for someone to profit by denying care. Profit motive does not make for a good healthcare system.
- kjghkjghkjgh 3y agoShould a Lasik surgeon provide Lasik to everyone regardless of their ability to pay?
- deleted 3y ago[deleted]
- synetic 3y agoThe lasik surgeon in your example isn’t profiting by denying care. Their profit does not increase by declining service.
- kjghkjghkjgh 3y agoIs a PE hospital profiting when it denies care too? How is that different from a lasik surgeon denying care?
- synetic 3y agoI didn’t make claims about how PE hospitals make a profit. I just said that no one should profit from denying care. I can think of a situation in which a hospital’s owners want to make sure their return on their investment exceeds x% per year and the hospital administrators deny care based on this consideration (otherwise they might get fired for not generating enough profit). This isn’t the scenario I had in mind when I wrote that no one should profit from denying care. WhenI wrote that I was thinking of insurance companies and wanted to convey a sense that profit driven motives in health care can have bad consequences. Some things ought not be profit driven.
- worik 3y ago> Should a Lasik surgeon provide Lasik to everyone regardless of their ability to pay? Yes
- dcow 3y agoNobody should profit from healthcare at all. I don't care if doctors and nurses and board members and janitors all make fuck you money, or if hospitals reinvest tons of money to perpetually have state of the art facilities. But the profit dynamic is too much.
- kjghkjghkjgh 3y agoHow would vaccines and new drugs be invented without any profit incentive?
- thfuran 3y agoIsn't a lot of that coming out of universities already?
- kjghkjghkjgh 3y agoMany are but they also work with for profit pharma companies to fund the work.
- worik 3y ago> Many are but they also work with for profit pharma companies to fund the work. It is sad to think that making profits for your masters is the only incentive to do good. It is the way the system has been built. It is not done much for many people's suffering https://en.wikipedia.org/wiki/Neglected_tropical_diseases#Economic_effects https://en.wikipedia.org/wiki/Neglected_tropical_diseases#Ec...
- boondoggle16 3y agoDon't people live long enough already? We can't pay for our retirees. Old age medical care costs $1M+. I know the morally correct thing to do when I get old - give that money to kids instead. Vampires.
- thfuran 3y ago
- cscurmudgeon 3y ago> But it is not difficult to isolate from common sense. No one should profit from denying someone healthcare How does one profit from denying services?
- synetic 3y agoIs this a serious question? You can’t think of a scenario in which a company in America profits from denying care? You should research insurance companies and understand how it is they make a profit.
- toast0 3y agoMedical insurance in the US has strict limits on profits. If they deny a little care, they can hit their cap, but if they deny too much, they have to send premium refunds. Really, the way to increase costs is to increase spending on care --- then they have more profit available, if they also increase premiums.
- synetic 3y agoThe CEO of United Healthcare makes around $50 million a year. The Medicare administrator makes around $400,000 a year. Administrative costs for Medicare are around 10%. Healthcare companies balked at being held to the same standard. Health insurers have their profits regulated but not lab services and whatnot. There are ways around the limits. What is your overall point though? Do you think it’s a good idea to have profit motives governing healthcare? Do you believe PE owned hospitals are good? Do you disagree that there are instances of companies profiting from denying care?
- xenospn 3y agoAsk your health insurer. They have an army of people whose job is exactly that.
- starcraft2wol 3y agoThat's using the theme of the study to support what you already believe, without examining what the study actually shows. I don't disagree that your reasoning sounds plausible, but that's irrelevant of the study's quality.
- synetic 3y agoWe live in an imperfect information world. We do studies and try our best to determine cause/effect. Rarely can such a study be a proof. This is where common sense comes in. Sometimes it is wrong too.