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posted by martyb on Tuesday April 09 2019, @12:41PM   Printer-friendly
from the But-I-*like*-getting-50-different-invoices-for-one-hospital-stay dept.

There is an instinct among political pundits to confuse caution for practicality — an assumption that those who advocate for incremental change are being reasonable, while those pushing for bold reforms aren’t. This is seen most starkly in the debate around health care reform, despite the fact that the “practical” pushers of limited reform fail to address the real problems in our health care system.

We all recognize that the status quo isn’t working. We spend more per person than any other country on health care, but we aren’t getting any bang for our buck. We have lower life expectancy, higher infant mortality rates and more preventable deaths, and too many personal bankruptcies are due at least in part to medical bills.

[...]Time to get real. As an economist who has spent decades studying our health care system, I can tell you that Medicare for All advocates are the only ones who are being reasonable, because theirs is the only plan that will control health care costs while finally achieving universal coverage.

The problem with incremental plans, whether they are public options, buy-ins to Medicare or Medicaid, or pumping more money into subsidies in the Affordable Care Act's individual marketplace, is that they preserve the private health insurance system weighing down our health care. [...]they are leaving the main reason for our system’s dysfunction in place: the multipayer, for-profit financing model.

Commercial insurance companies are nothing more than middle men. They add no value to our system, but they do drive up costs with their bloated claims departments, marketing and advertising budgets and executive salaries. We pay for all of these things before a single dollar is spent on the delivery of care.

They also create extra costs for providers who need large administrative staffs to deal with billing systems, accounting for as much as $100,000 per physician.

Any plans short of Medicare for All leaves these costs in place. In other words, they leave hundreds of billions of dollars a year in savings on the table.

[...]Gerald Friedman, a health care and labor economist, is an economics professor at University of Massachusetts Amherst and the director of The Hopbrook Institute.

Medicare For All

[Related]:
Democrats' promise of Medicare for All is remarkably misguided and unrealistic

Trump wants to drop a neutron bomb on Obamacare. Over to you, 2020 voters.

Take it from me, tweaks won't fix health care. Dems should focus on Medicare for All.


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  • (Score: 5, Insightful) by Thexalon on Tuesday April 09 2019, @02:14PM

    by Thexalon (636) on Tuesday April 09 2019, @02:14PM (#826752)

    We all recognize that the status quo isn’t working.

    The status quo is working in the US if your goal is to siphon as much money as possible from the working and middle class folks to the shareholders of insurance, pharmaceutical, and medical device companies, and consider the working and middle class folks to be completely disposable in pursuit of that goal. From that perspective, those silly systems like the UK's NHS are just wasting a valuable opportunity.

    --
    The only thing that stops a bad guy with a compiler is a good guy with a compiler.
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