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| quote: | Originally posted by wolverine16
You have some good, realistic points. My argument is with the practice of healthcare. What if the research and technology aspects were for profit and the practice was not? In other words, if we have profit generating our advancements and in treatment we have a plan that insures all in getting use of those technologies in practice? If we put the same money we are spending currently in private HMOs into a healthcare system that covered all Americans and thus cut down the administrative costs greatly, you could maintain the wages of doctors and staff and would have some money that could help pay for some of the currently uninsured. |
I guess we do need to define who is making these profits.
HMOs are, to some extent, although many of those are going bankrupt, doctors are, again to some extent, although much less than they did 10-20 years go, and hospitals definitely aren't. That's why you have so many closings and consolidations. It's not good to be a hospital right now, because of the before mentioned no-pays, the administration now required to process insurance and government paperwork (there are now more hospital workers who process paperwork than take care of patients) and the constant, expensive fight with insurance companies.
The people who are making money are the people in medical R&D and drug companies. When something new comes out, hospitals clamor over the new technology in hopes that it will attract patients to bolster their poor bottom-lines. The amount companies ask for when selling these new technologies is outrageous. The other big-money makers are drug companies. Almost every other nation besides the US have laws that limit the price that can be put on prescription drugs. So when medicine comes out, America is the cash cow. US prescription drug prices are 2-10 times higher than elsewhere because we have no limits on how much they can cost and drug companies make their reserarch money back, and them some through the pockets of Americans.
So in reality, it is the R&D/Drug companies that make the profit, not the health care providers or institutions. Some private clinics are an exception.
Last edited by NeoPhono on Jan-13-2005 at 01:25
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