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Reply #45: Medicare keeps its expenses low by contracting... [View All]

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TreasonousBastard Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Sep-04-09 08:08 AM
Response to Reply #43
45. Medicare keeps its expenses low by contracting...
much of the work out to insurance companies. And I still don't know where that 30% number everyone throws out comes from. I was an underwriter for property/casualty companies for years and we never had expenses that high-- how could health insurance companies spend more than we did when they don't have the inspections, travel, and other expenses we had?

I've heard Obama mention incentives, but there have been similar incentive schemes for years and none of them have managed to stem the outgoing tide of family care slowly disappearing. A drastic overhaul of our entire system is needed, and dictating that from Washington won't be easy. Setting the stage for such an overhaul might be, but i'm not smart enough to know how to do that. I doubt any politician is, either.





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