Quote:
Originally Posted by anhailla
kblair..one problem with that whole post is that people like their medicare.
find me one elderly person that wants to switch to a private plan.
greed does not work when it comes to illness. Trusting corporate insurance whores to do the right thing is laughable beyond belief. The whole industry is based on denying claims to those who need it most.
a single payer program should be offered to everyone from the federal government, they can pay a premium to the government instead of Mr legal extortion man.
Eliminate unneccessary profit and the system will pay for itself.
I like a good free market theory as much as the next guy, but the problem is when people don't truly understand it's limitations.
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Unnecessary profit....I don't know if you've looked at the figures...but it is a 2 trillion dollar industry...and the insurance and pharma profits combined are about 200 billion...so eliminate ALL profit and it's 1.8 trillion....still almost equal to our current federal budget....profit is what drives innovation and efficiency...eliminate profit and costs will go up, new technologies, will dissapear...people will be unemployed....
how is that better? How much money are the people saving total as opposed to what those costs add up to?