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This is one example of an aspect where insurance causes costs that are not directly attributable to the insurer in your numbers. This isn’t seventh grade math.
by ceejayoz 6mo ago
This is one example of an aspect where insurance causes costs that are not directly attributable to the insurer in your numbers.
This isn’t seventh grade math. This is kindergarten level cause and effect.
- tptacek 6mo agoYes, as I said, if we accept your claim at face value, that every dollar of American practitioner-side insurance overhead --- not the delta from Canada, but every single dollar of it --- is mis-spent, you managed to identify 3.6% of the waste in the system. Congratulations. I said earlier we'd gone round-and-round on this topic before, and I was a little burned out on it, but I didn't expect you to refute your own argument like this. I'm glad we gave it another run this time! This is a great statistic; I'll be using it elsewhere. Thank you.
- ceejayoz 6mo agoInsurance has more than one way to run the costs up; this is but one of them. Weird rebate deals with drug manufacturers. Vertical integration. Buying practices and paying them higher rates. > I was a little burned out on it I just did my taxes and am a little burned out by the $49k in healthcare expenses I got to deduct on them.
- tptacek 6mo ago[flagged]
- ceejayoz 6mo ago> Fun fact: given your background and field, you probably come out significantly ahead of where you'd be in countries with single-payer health care. Oh, absolutely not. I’ve done the math on that, for sure. Unfortunately, one family member has a condition that makes emigration infeasible.