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re: The cost of Obamacare... supporters of it.. please feel free to chime in
Posted on 4/11/14 at 12:56 pm to StrawsDrawnAtRandom
Posted on 4/11/14 at 12:56 pm to StrawsDrawnAtRandom
Here's a good read, from a Dr.
LINK
quote:
Here is my real life example: the hospital “bills” $12,000.00 for a minor procedure on a woman with a gynecologic condition. The woman gasps at the bill when she open the envelope, and then concludes “Thank goodness I have health insurance; everyone needs health insurance.” In reality, the intentionally hard-to-decipher bill cloaks the billing game/tax scam. While the hospital shows the patient the $12,000.00 bill, the hospital has actually agreed to accept far less from the insurance company; this is called an allowable, which in this case was $5000.00. By billing $12K but accepting $5K from the insurance company, the hospital recognizes a $7K phantom loss, which it reports on its tax return, thus maintaining a “non-profit”, tax-exempt status. The individual patient, now with a huge $5000.00 deductible because of Obamacare, must write a check to the hospital for the entire $5000.00, on top of her monthly $250.00 premiums ($3000.00 annually). The patient has come out of pocket $8000.00 with Obamacare style insurance. In stark contrast, if the patient was uninsured, she could have negotiated a direct fee with the hospital for $1200.00.
So, follow the money. The hospital got $5000.00 from the patient plus a $7000.00 tax write-off in return for less than $1200.00 of services/supplies. The insurance company got $3000.00 in premiums from the patient and paid $0 to the hospital, while the patient paid all of the $5000.00 allowable because of the high Obamacare-induced deductible. The patient ended up paying $8000.00 ($5000.00 deductible plus $3000.00 in premiums) for the privilege of paying more than if she had no insurance (the $5000.00 insured negotiated allowable v. the $1200.00 uninsured cash price) and gets no tax benefit for her health care expenses. Understand this: the individual spent $8000.00 with no tax break because she was mandated to buy Obamacare, and she would only have had to spend $1200.00 if she was uninsured. If business gets a tax break, most certainly should the individual as well, but with Obamacare the individual patient is in essence penalized. $6800 of this woman’s livelihood was essentially laundered to sustain a Government-Lobbyist-Insurance Company-Hospital-Drug Company Collusion Scam. The government, insurance company and hospital profit and get tax breaks- from our health, our bodies, and our lives- by manipulating us and scaring us. This is just wrong.
LINK
Posted on 4/11/14 at 12:59 pm to Alahunter
quote:
Here's a good read, from a Dr.
I posted a letter my Uncle wrote to me (a radiologist) and he's not entirely fond of it either.
I'm not sure what good can be said about it now, but we can hope for......dare I say it...
change?
Posted on 4/11/14 at 1:00 pm to Alahunter
quote:
Here's a good read, from a Dr.
I thought you were a fan of capitalism?
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