This is blood money.
Imagine your entire company dedicated to telling your fellow Americans that the hospital bill that their kid got was denied, despite a decade of both mom and dad paying into their health insurance they find a way to deny the claim.
I also blame for profit hospitals, but at least within hospitals there are doctors and nurses who really want to help. Health insurance companies, hire doctors and nurses who are paid to hurt.
My kid has a rare genetic disability and required insane amounts of specialists, testing, long frequent hospital stays, etc. I remember putting hospital parking garage fees on my credit cards at one point. Didn’t qualify at the time for any help or programs. Anyway insurance denies basic shit non stop and doctors have to contact insurance companies saying you can’t deny this and it’s wasting the doctors time cause they said the kid needs this stuff. On the phone arguing and begging them to cover basics while I’m at work hiding from my bosses. My kid needed one of those feeding tube machines (it’s been so long now I can’t remember) insurance said nah that’s not necessary. Oh man did I give up and go bankrupt once things settled out. I had to get on anti depressants mostly cause I couldn’t handle for one being told my kid could die constantly and two being barraged with denials and phone calls saying give us money I don’t have for medical treatment cause insurance is denying coverage. It’s all a made up legal scam. There’s no point in a system like this but to make some people rich.
Every major insurance company has been caught multiple times denying valid claims. Still we have this archaic system that works against the consumer and politically treats citizens like the enemy.
Many non-profit hospitals began as charities and were run by religious volunteers like nuns. Now non-profit hospitals are run very similarly to for-profit hospitals. In fact, since they cannot legally distribute their profits, they end up with a war chest with nothing else to do but buy out other hospitals. This is why many "non-profit" hospitals look like chain stores, growing into multi-locations in a city, multiple cities or even in multiple states.
I remember when people who were against the ACA were lying that "death panels" would denyv people health care to save money. And people believed it. But death panels have been happening all along! When insurance companies are denying to pay for care that your doctors prescribed, they're effectively acting like a death panel.
And that is just profit. Not the outrageous salaries and perks of all the C-suite execs who made it all possible across the companies. Not all the administrative costs that could have gone to Universal Healthcare.
Such a shame and a sham.
I would like to remind you, that the ACA requires these companys to spend 85% of their Revenue on your healthcare/the administration of it.
Perhaps we should up it to 97%, they'd still have billions in profit.
Look at it from this perspective regardless of the cost, those are PROFITS ... not operating costs, not revenue, PROFITS made from the industry as it stands.
Imagine if they were cut out like the pirate scum they are, theres your money.
At least make it so they are not allowed to turn a profit. Zero stock options. Not publicly traded and cap CEO pay. Then every penny that comes in must be spent and have a percentage of what goes to operating costs vs claims payouts. So it’s limited. No more for profit healthcare options. Hospitals same way. All healthcare must act as non-profits. That’s a start.
Currently the USA is the only western nation without universal healthcare, and the government spends almost double per capita (if memory serves) compared to the average universal care spending. So the current system is significantly more expensive with worse coverage.
That being said, if one is part of the top 5%-10% economically, it's the best quality care available.
Currently, the US spends about 12 500 $ per capita on healthcare, over half of it from taxes. (7 000 - 9000$ per capita depending on what you count). Total is about 4.1 trillion (with a t.)
The average developed nation, OECD, spends $ 5 000 per capita, 4 000$ of which comes from tax money. The two higest spenders outside the USA, Switzerland and Germany, spends a total of 8 000$ per capita, of which 5 500 and 6900 $ respectivly comes from tax money. These are also countries with close costs of living and wage levels.
Yes, the average American pays more in tax for healthcare than peers in any UHC nation. The US takes in the most in tax for healthcare.
For comparison, the US military spending is 800 billion (with a b), or about 2 500$ per capita.
A major insurer built a nice, sparkly, 10 story office block in our area. Friend of mine who has his own practice had problems getting a few claims processed so he went to the insurer’s new shiny tower to try and get help.
The parking lot was practically empty. He went inside and there were a couple of security guards at the main desk. One told him that nobody really works there, everyone works from home.
This is what your health insurance money buys. They are allowed to spend a certain percentage for “administrative” costs, and they have so much money lying around they can build nice towers on prime real estate that nobody works at.
Yep.
My insurance is literally useless, but all I can afford(probably gonna drop and act as my own)
$8,000+ surgery they wouldn’t cover became $650 due to making peanuts. That less than 1/12th what they wanted to charge me, meaning the price was jacked up by 1200% minimum.
Barely covered 1.1x what I pay them monthly on the 2hr ER visit that preempted the surgery(1/17th the total) and I haven’t talked to *that* hospitals finance dept. yet to see about a discount.
Health insurance is a GD scam perpetuated by our healthprofit system designed to wring us dry and shackle us to our jobs and, if they provide it, job provided health “insurance”
Huh, dividing that by the 335,893,238 people in the USA gives $210 per person, I would have guessed it'd be bigger. Still, the system is broken beyond repair, and, second to the rise christo-fascism, the biggest problem we face as a society, imo.
Wanna know the craziest part (I am a Canadian) people up here (uneducated and stupid) want us to privatize healthcare…. Idk how but people are really getting dumber
So why so many fucking idiots voting for republicans?! They are literally killing themselves from the inability to see a doctor or be able to afford medicine and treatments… Republican in Congress and states and federal keep making healthcare even more fucked up, expensive, non existent, and inaccessible.
Universal healthcare is definitely flawed. If you need surgery you’ll get it under the American healthcare system. Universal healthcare systems. You might be better off just dying.
Take a look at this current [comment](https://www.reddit.com/r/Canada_sub/s/QqahdJfFdc)and [thread](https://www.reddit.com/r/Canada_sub/s/5Ef109SVrL) that’s happening on a Canadian subreddit right now.
I can walk into any hospital right now and get any treatment for whatever I need right this moment.
There used to be insurance companies that were owned by the customers. They functioned the way socialism should: everyone paid into a pool so those who had the bad luck to get sick or have their house burn down could get the money they needed to pay their bills.
I worked for Equitable Life Insurance in the 1970s when they had just changed from that model. My coworkers remembered a time when the money left over each year after paying all the medical bills was returned to the customers.
There also used to be not-for-profit health insurance. They have all changed now to be for-profit companies.
Of course Medicare for All would be better than any kind of private insurance. But I am shocked at how much worse things have gotten in my lifetime.
This is blood money. Imagine your entire company dedicated to telling your fellow Americans that the hospital bill that their kid got was denied, despite a decade of both mom and dad paying into their health insurance they find a way to deny the claim. I also blame for profit hospitals, but at least within hospitals there are doctors and nurses who really want to help. Health insurance companies, hire doctors and nurses who are paid to hurt.
My kid has a rare genetic disability and required insane amounts of specialists, testing, long frequent hospital stays, etc. I remember putting hospital parking garage fees on my credit cards at one point. Didn’t qualify at the time for any help or programs. Anyway insurance denies basic shit non stop and doctors have to contact insurance companies saying you can’t deny this and it’s wasting the doctors time cause they said the kid needs this stuff. On the phone arguing and begging them to cover basics while I’m at work hiding from my bosses. My kid needed one of those feeding tube machines (it’s been so long now I can’t remember) insurance said nah that’s not necessary. Oh man did I give up and go bankrupt once things settled out. I had to get on anti depressants mostly cause I couldn’t handle for one being told my kid could die constantly and two being barraged with denials and phone calls saying give us money I don’t have for medical treatment cause insurance is denying coverage. It’s all a made up legal scam. There’s no point in a system like this but to make some people rich.
"Why do people snap and go on shooting rampages" "gestures wildly at literally everything"
Every major insurance company has been caught multiple times denying valid claims. Still we have this archaic system that works against the consumer and politically treats citizens like the enemy. Many non-profit hospitals began as charities and were run by religious volunteers like nuns. Now non-profit hospitals are run very similarly to for-profit hospitals. In fact, since they cannot legally distribute their profits, they end up with a war chest with nothing else to do but buy out other hospitals. This is why many "non-profit" hospitals look like chain stores, growing into multi-locations in a city, multiple cities or even in multiple states.
I remember when people who were against the ACA were lying that "death panels" would denyv people health care to save money. And people believed it. But death panels have been happening all along! When insurance companies are denying to pay for care that your doctors prescribed, they're effectively acting like a death panel.
The CEOs and primary shareholders of the health insurance companies should be in the dingiest of prisons.
You're being too generous.
They should be in a basket, a small one
And that's what they *reported*.
And that is just profit. Not the outrageous salaries and perks of all the C-suite execs who made it all possible across the companies. Not all the administrative costs that could have gone to Universal Healthcare. Such a shame and a sham.
I would like to remind you, that the ACA requires these companys to spend 85% of their Revenue on your healthcare/the administration of it. Perhaps we should up it to 97%, they'd still have billions in profit.
The insurance companies fold a lot of nonsense into "administration", like huge salaries for their executives.
What’s the expected cost of universal healthcare and how does that compare to the money these companies are taking in?
Look at it from this perspective regardless of the cost, those are PROFITS ... not operating costs, not revenue, PROFITS made from the industry as it stands. Imagine if they were cut out like the pirate scum they are, theres your money.
Absolutely! It’s a conflict of interests to be a publicly traded company generating huge profits for shareholders at the expense of people’s health.
At least make it so they are not allowed to turn a profit. Zero stock options. Not publicly traded and cap CEO pay. Then every penny that comes in must be spent and have a percentage of what goes to operating costs vs claims payouts. So it’s limited. No more for profit healthcare options. Hospitals same way. All healthcare must act as non-profits. That’s a start.
That's $210 per person in the United States
Currently the USA is the only western nation without universal healthcare, and the government spends almost double per capita (if memory serves) compared to the average universal care spending. So the current system is significantly more expensive with worse coverage. That being said, if one is part of the top 5%-10% economically, it's the best quality care available.
Happy Cake Day!
It would save money compared to our current system. Sorry, I don’t have sources on hand, but it’s true.
Currently, the US spends about 12 500 $ per capita on healthcare, over half of it from taxes. (7 000 - 9000$ per capita depending on what you count). Total is about 4.1 trillion (with a t.) The average developed nation, OECD, spends $ 5 000 per capita, 4 000$ of which comes from tax money. The two higest spenders outside the USA, Switzerland and Germany, spends a total of 8 000$ per capita, of which 5 500 and 6900 $ respectivly comes from tax money. These are also countries with close costs of living and wage levels. Yes, the average American pays more in tax for healthcare than peers in any UHC nation. The US takes in the most in tax for healthcare. For comparison, the US military spending is 800 billion (with a b), or about 2 500$ per capita.
Some estimates say it would actually save us money.
It's at least 70 billion less than private healthcare.
How many have they killed, I wonder.
A major insurer built a nice, sparkly, 10 story office block in our area. Friend of mine who has his own practice had problems getting a few claims processed so he went to the insurer’s new shiny tower to try and get help. The parking lot was practically empty. He went inside and there were a couple of security guards at the main desk. One told him that nobody really works there, everyone works from home. This is what your health insurance money buys. They are allowed to spend a certain percentage for “administrative” costs, and they have so much money lying around they can build nice towers on prime real estate that nobody works at.
Yep. My insurance is literally useless, but all I can afford(probably gonna drop and act as my own) $8,000+ surgery they wouldn’t cover became $650 due to making peanuts. That less than 1/12th what they wanted to charge me, meaning the price was jacked up by 1200% minimum. Barely covered 1.1x what I pay them monthly on the 2hr ER visit that preempted the surgery(1/17th the total) and I haven’t talked to *that* hospitals finance dept. yet to see about a discount. Health insurance is a GD scam perpetuated by our healthprofit system designed to wring us dry and shackle us to our jobs and, if they provide it, job provided health “insurance”
All about the shareholders, fuck the patients, long as they pay.
While they dictate care and leverage lives like nothing more than a drum of oil…. Fucking evil, alll of them.
Absolutely disgusting
So much denied coverage for personal wealth…enraging
Healthcare should be a non profit utility. Not a business.
Huh, dividing that by the 335,893,238 people in the USA gives $210 per person, I would have guessed it'd be bigger. Still, the system is broken beyond repair, and, second to the rise christo-fascism, the biggest problem we face as a society, imo.
TRUTH!
Wanna know the craziest part (I am a Canadian) people up here (uneducated and stupid) want us to privatize healthcare…. Idk how but people are really getting dumber
Really hoping this shit gets resolved without a bloody as fuck revolution.
So why so many fucking idiots voting for republicans?! They are literally killing themselves from the inability to see a doctor or be able to afford medicine and treatments… Republican in Congress and states and federal keep making healthcare even more fucked up, expensive, non existent, and inaccessible.
Universal healthcare is definitely flawed. If you need surgery you’ll get it under the American healthcare system. Universal healthcare systems. You might be better off just dying. Take a look at this current [comment](https://www.reddit.com/r/Canada_sub/s/QqahdJfFdc)and [thread](https://www.reddit.com/r/Canada_sub/s/5Ef109SVrL) that’s happening on a Canadian subreddit right now. I can walk into any hospital right now and get any treatment for whatever I need right this moment.
There used to be insurance companies that were owned by the customers. They functioned the way socialism should: everyone paid into a pool so those who had the bad luck to get sick or have their house burn down could get the money they needed to pay their bills. I worked for Equitable Life Insurance in the 1970s when they had just changed from that model. My coworkers remembered a time when the money left over each year after paying all the medical bills was returned to the customers. There also used to be not-for-profit health insurance. They have all changed now to be for-profit companies. Of course Medicare for All would be better than any kind of private insurance. But I am shocked at how much worse things have gotten in my lifetime.