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View Diary: I feel sorry for health insurance companies. Yes, I said that. Why? This Time report must be read. (228 comments)

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  •  One of the must frustrating aspects (9+ / 0-)

    of our current healthcare system is the absolute inability to estimate medical costs for any given procedure.  Pretty much other than standard x-rays and maybe co-pays for prescription medications, the costs are totally unknown to patients and many times even physicians.

    But since medical care is probably the most price inelastic commodity known to exist, people will continue to pay outrageous prices to keep themselves alive, because what other option is there?

    The only way to cut down on costs is to vastly increase the customer pool (i.e. - economies of scale) and eliminate the 20% of premiums that are line-itemed for profit right off the bat.

    Medicare For All satisfies both of those needs.

    It is done. Four More Years.

    by mconvente on Thu Feb 21, 2013 at 09:13:14 AM PST

    •  Crawl Across Broken Glass With Last Dime (2+ / 0-)
      Recommended by:
      high uintas, james321

      ... for something like a toothache, never mind a broken leg.

      Any discretionary purchase can be done without, any product can be offshored to slave labor, but what a gift that keeps on giving for the awesome business model to be on the payee side of that situation.  Add to that the protection of a powerful cartel (the AMA) and it keeps getting better.

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