Senator’s Charles Schumer D-NY and Jay Rockefeller D-W. Veterans administration huffed and puffed but could not blow the private health insurance market down. Public health conferences
Though I was thankful a Public Overall health Option still would not seem to be to be realistic likelihood, this AP article only further displays the complete not enough understanding that ALL OF US lawmakers have of the root cause for the HealthCare “Crisis”, COST!!!!
Now i am not trying to make-believe Health Insurers have done anything to help reduce premium costs. The things i am saying is that Health Insurers are not the ONLY scammers and girls.
I just lately attended a broker seminar for a regional not-for-profit health insurance carrier. By that conference this transporter broke out exactly where every penny of every premium dollar is put in. Did you know that for each dollar you and your employer spend on health insurance premiums over 61 cents of this dollars goes to hospitals and doctors? Did you know that 26 cents of that same dollar visits home health care and pharmacy?
That means 87 cents of each health superior dollar both you and your employer spend should go directly to health treatment!!!
So 13 cents of every dollar would go to the Health Carrier. Now to be fair, 11 pennies was going towards Operations costs and 2 pennies towards surplus, so their unlike the carrier was just banking all that cash.
The things i want you to take away using this article is that COST is the problem creating the American Wellness Care Crisis. A Community Health option does nothing at all to cure our cost problem. With a Community Option, Health Insurance Rates go down, Taxes go up…
I would wish to hear your thoughts on this issue!
Thanks a lot,