Posted by baseball55 on November 10, 2016, at 18:37:25
In reply to Re: Obamacare and medicare Vs private + more, posted by linkadge on November 9, 2016, at 19:45:38
> The "Canadian System" is a joke. I have several cavities which I don't fill as I would be paying 100% out of pocket. Also, I pay 100% for my medication (much of which I don't fill as I have to pay for it).
Canada is a disappointment. They have great emergency care but long waits for elective and non-urgent procedures. No dental. No free drugs, though the prices are negotiated and are much lower than in the US. Canada doesn't fund their system as well as the UK, France, Germany, Japan, others.
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> Obamacare simply takes health care dollars from one group, extracts its "overhead costs" and redistributes a small portion to the less fortunate. Sure, some are healthier, but the system is much sicker overall.
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I don't know what this means. That everyone pays in but sick people generate most of the costs? Isn't that true in any system? That's the nature of health insurance, whether public or private. Or do you mean something else?
Also, as far as redistributing a "small portion", the ACA did limit how much insurance companies could use on overhead and profits. I think it's 15%, which is still too much. A public option could outperform private insurance due to low overhead, which is why the insurance companies opposed it when the act was being negotiated.
> Nothing is free.
>> Linkadge
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poster:baseball55
thread:1092966
URL: http://www.dr-bob.org/babble/20160928/msgs/1093052.html