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luvtheGWN

(1,343 posts)
18. A few years ago I read a report about consumer healthcare costs.
Fri Jun 3, 2022, 08:33 AM
Jun 2022

Because your physician's staff must deal withs several different insurance companies and plans, a full 33% of what he/she is paid per visit is to cover staffing costs. Here in Ontario the cost is just 3%, and that is one person filing patient info with the Ministry of Health to ensure the physician is paid.

With pharmaceutical companies, although they claim drug prices are so high because of research and development, that's not true either. At least 75% goes to advertising and promotion. And then you have the outrageous costs for insulin: University of Toronto doctors Banting and Best discovered insulin and how to treat diabetics with it 100 years ago. They patented it and sold it to a U of T lab for $1. And now you have drug companies selling this absolute life-saving drug for hundreds of dollars.

I'm sorry but the US healthcare industry is so totally screwed up. And patients, in turn, are royally screwed. The US government does not exhibit any interest in the care and well-being of its citizens, but only of its corporations. JMHO, of course.

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0 members have recommended this reply (displayed in chronological order):

insurance companies are a scam. Dorian Gray Jun 2022 #1
They exist to deny care, just evil questionseverything Jun 2022 #4
And taking your $$$ NCDem47 Jun 2022 #6
Agree Dorian Gray Jun 2022 #22
I have no argument with insurance companies choosing... TreasonousBastard Jun 2022 #2
I do. 15% of premium goes for processing. It doesn't give you so much as one band-aid. 3Hotdogs Jun 2022 #14
that's their business model (in which you're free to find offense) stopdiggin Jun 2022 #17
A few years ago I read a report about consumer healthcare costs. luvtheGWN Jun 2022 #18
Yes, my previous doctor had more insurance clerks than medical staff csziggy Jun 2022 #25
This. area51 Jun 2022 #27
No, Republicans don't want it. ... Dave says Jun 2022 #32
I hope this causes lots of people to change insurance companies. multigraincracker Jun 2022 #3
How many people have much choice? Silent3 Jun 2022 #5
Back in the '80s, I had a damn smorgasbord of options. AngryOldDem Jun 2022 #9
I had Aetna back in the day, when I was an independent contractor. AngryOldDem Jun 2022 #7
Thom Hartmann has been railing against Medicare Advantage coverage, RicROC Jun 2022 #8
+1 Spot On! Emile Jun 2022 #10
+1, uponit7771 Jun 2022 #40
My wife passed away at the end of 2020 from breast cancer MattNC2021 Jun 2022 #11
Firstly, Delphinus Jun 2022 #12
Health Care should not be for-profit Bettie Jun 2022 #13
Yup. Dave says Jun 2022 #33
I will never forget the call from my insurance company. TNNurse Jun 2022 #15
Plus they are wasting the time of the doctors lostnfound Jun 2022 #28
I play D&D with some neurologists Bettie Jun 2022 #36
For profit malaise Jun 2022 #16
As Mittens Romney said "Corporations are People my friend" - NoMoreRepugs Jun 2022 #21
Made me think of this... chwaliszewski Jun 2022 #19
Take the billions of insurance profits Maine Abu El Banat Jun 2022 #20
We don't have a health care system. barbaraann Jun 2022 #23
Perfect characterization! Dave says Jun 2022 #34
I speak from experience. n/t barbaraann Jun 2022 #35
There's your death panels. LittleGirl Jun 2022 #24
Blue Cross/ Blue Shield delayed approval for an MRI for me csziggy Jun 2022 #26
I have a pre-existing FreeState Jun 2022 #38
BC/BS and Anthem are the worst insurance companies for denial of routine tests csziggy Jun 2022 #41
John Grisham's "Rain Maker" is not fiction, but reality. DFW Jun 2022 #29
My daughter has been denied critical screening tools because they were considered experimental. Ms. Toad Jun 2022 #30
We've been lucky... DET Jun 2022 #31
K&R BootinUp Jun 2022 #37
I had breast cancer years ago. After treatment my doctor Phoenix61 Jun 2022 #39
Putting some brakes on fee for service medical care KentuckyWoman Jun 2022 #42
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