posted on Jul, 4 2017 @ 07:09 AM
a reply to: diggindirt
You do not consider the insurance companies board of directors "bureaucrats"?!?!!
Personally I'm not seeing any difference between them and a politician.. except the board is only concerned with what is more profitable for the
insurance company, where the politicians at least have to hope they can still be reelected afterward..
It seems to me that buearicrats have always decided people's healthcare... at least since they took over the industry in the 50's ..
Which was the exact same time as Medicare started and Medicare was a far smaller chuck of medical spending than insurance companies were covering...
In fact it is the exact same dynamic.. except insurance companies were controlling a far bigger piece of the pie..
So please explain to me the difference between Medicare where there is no immediate consequences for over testing and spending???
And insurance companies, where there is noimmediate consequences for over testing and spending??
They are the precise same dynamic, we just pay taxes instead of premiums..
The difference with Medicare is it only needs to break even where insurance companies need to make at least a 30% profit off of every dollar they