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Reply #7: Yes, absolutely. Providers providers providers. Our doctors make too much money for medicine to [View All]

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BzaDem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu May-12-11 03:24 AM
Response to Reply #6
7. Yes, absolutely. Providers providers providers. Our doctors make too much money for medicine to
Edited on Thu May-12-11 03:28 AM by BzaDem
be sustainable (along with other providers such as hospitals/medical device manufacturers/drug companies/etc), and that is basically the entire puzzle. This is not to say that ALL doctors make too much money -- just that doctors and other providers in the aggregate make too much. (Of course, insurance companies are part of the problem, but even if we got rid of all of their profit tomorrow we would still have the vast majority of the problem left over.)

Here is one good graphic that explains it. It lists the myths, and then the truths. In summary (at least by their metric) about 20% of the problem is insurance profits/administrative costs, and most of the rest is providers. Both need to be fixed.

http://www.washingtonpost.com/blogs/ezra-klein/post/why-american-health-care-costs-so-much-in-one-very-long-graphic/2011/05/09/AFjSRVbG_blog.html

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