Monday, March 27, 2017

Details

They're important.

I can also attest to the veracity of the argument being made regarding the collusion and price-fixing aspects in the"healthcare," industry; you see my father was an administrator for a large, university-affiliated internal medicine practice for the better part of twenty years, and he told me all about stuff like this.

I've known about this price-fixing aspect of the provider/insurer racket, and that's what it is, since I was about 15.

Ms. Barnhardt's Key graf;
"How could something go from being completely unnecessary and even illegal, to “necessary”, required by “law”, and being a larger cost than most people’s rent or mortgage payment? 
Doesn’t this seem very, very, very wrong? 
Of course. 
It is one of the biggest scams in monetary terms ever executed, and as you all have just witnessed, none of the psychopaths in your kleptocracy has any intention of doing anything about it except to grow it and protect it. 
But, but, but… the quality and sophistication of care and technology justifies the increase in price, you say? (Quoting Karl Denninger - Ed.) 
Three words:LASIK Vision Correction. 
Free market, not covered by insurance, all prices posted and advertised.MASSIVE price deflation with simultaneous technological advancement.It’s down to $250 per eye now, I see. 20 years ago it was $5000 per eye. I’m no math genius, but that appears to be a 95% reduction.This would be exactly the case with heart bypass, cancer treatments, childbirth, and pretty much everything else. EVERYTHING. Except for the collusion, price fixing and price gauging that the current healthcare racket is built upon. Almost everyone could pay cash for their own healthcare expenses..."
Note that whenever something is altered or required, be it the food you eat, the clothes you wear or the car you drive, by law, there are dire consequences to the cost/benefit ratio of said service/product per dollar.

Corollary; The government fucks up everything they touch.

Just about time to do something about that, on a grand scale.

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2 Comments:

Anonymous Mark B. said...

"The government fucks up everything they touch."

Not even a corollary. A necessity. The fed.gov bureaucrats simply pick a market to distort and start screwing with it.

Guaranteed disaster. Happens every time.

'Berg

5:05 PM  
Blogger theirritablearchitect said...

How big the disaster to be is the better question, I suppose.

The outlook has been decidedly poor for more than ten years, and all I'm seeing right now are dark, ominous clouds on the horizon.

12:45 PM  

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