Healthcare Nightmare: Controlling the Cost of Cost Control
Posted Sep 09 2005 12:00am
An excellent article on Capmag.com comes to the wrong conclusion but summarizes many of the points of argument very well.
I disagree with the conclusion that government-based healthcare is the best answer.
A few alternatives(1) Limit liability costs via tort reform.
(2) Unmask insurance company profits (executive salaries) to let consumers know they have been had. I love the recurring case of insurers saying they are broke and awarding executives with million in bonus cash at the same time.
(3) Burn the Medicare code. It should not be a game trying to get paid for work that has already been performed. Consider paying physicians in tax breaks for this care and the care of the disabled and indigent. Decrease administrative overhead.
(4) Then go back to a first party system with Medical Savings Accounts and insurance coverage in the way of high deductible policies for the remainder.
I have seen the Veteran’s healthcare system…this is your government running healthcare. It is costly and inefficient. I would not think it would work on a larger scale. The costs would be enormous.