Monday, June 10, 2013

Healthcare Math

The Healthcare Market Is Robbing The Middle Class And Here’s The Proof:
...Simple math dictates that if there are many entities managing the payment of medical bills, each with its own bureaucracy (CEO, President, Board of Directors, advertising, IT systems, shareholder profits, etc.), it is impossible for such an entity to be more efficient than one entity responsible for paying a medical bill. A single payer system, a system where one entity is standardized to pay all medical bills that ALL abled Americans pay into, is much more efficient. It is basic arithmetic...
...The 60 Minutes piece can be summarized as follows. In order to maintain high profits, Health Management Associates (HMA) hospital administrators forced doctors through coercion to admit patients to hospitals whether they needed to or not. Additionally they forcefully encourage doctors to provide unnecessary tests. ..

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