Will insurance companies have more or less leverage under McCain’s plan?
The McCain plan calls for eliminating employer provided insurance by eliminating the company’s tax deduction for paying for it.
I am a hospital administrator with hospitals in 18 States.
I can tell you that there are no hospitals making a lot of money. 6% return on investment is great, most loose money and depend on donors or local government support to keep them open.
The insurance companies are the only ones getting rich.
While doctors are for the most part only comfortable. A few make a lot but for example in Dallas Texas they average about 90K. Dentists in Dallas Make about 110k because they have managed to band together and refuse to negotiate with managed care insurance companies. Hospital administrators make about as much as restaurant managers and most do also manage a restaurant. This while insurance company officers make many millions per year.
The insurance companies have the upper hand right now. Will you be able to negotiate cheaper rates than your employer?
I know that I won’t be able to negotiate cheaper rates. And most of John Q Public won’t either.
What amazes me is that while McCain is ready to get rid of employer provided insurance, he also wants to cut Medicaid/Medicare.
Let’s just give up now.
July 17th, 2010 at 5:53 am
I wont disagree with insurance companies making solid profits but I have never met a poor doctor- I’ve met some that CHOSE to work in low income clinics etc and make less but MOST make good money- over $100k in rural areas let alone in big cities…
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July 17th, 2010 at 6:43 am
An individual cannot negotiate with an Empire. Employers, like you said, need to band together to negotiate those things.
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July 17th, 2010 at 7:26 am
insurance companies will get to choose whether you live or die
unless they can make money off you they most likely will pick die
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July 17th, 2010 at 8:03 am
I know that I won’t be able to negotiate cheaper rates. And most of John Q Public won’t either.
What amazes me is that while McCain is ready to get rid of employer provided insurance, he also wants to cut Medicaid/Medicare.
Let’s just give up now.
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July 17th, 2010 at 8:52 am
Insurance companie’s will make money no matter what. It depends what the doctor’s specialize in, as to the money they make. If it were true that noone in the hospital’s are making money, why did Michelle Obama’s salary at the University of Chicago Hospital double to $300k when Obama became a senator in Illinois??? Sorry, I will still stick with McCain. ***
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July 17th, 2010 at 9:23 am
SO what your are saying is that Universal health will solve all the problems? I work with plenty of physicians in the mid west and I can tell you they make more than 90 k a year.I also question the Hospital administers making as much as restaurant managers and most hospitals will not allow their managers to have a second job,it becomes a conflict.,
I can understand why you would be for Universal health care,it would be a boon to the hospital industry,but you will soon see that the patients will suffer from poor care and long lines due to health care rationing.The mortality rates on many cancers will increase and overall care will suffer.Please review the care received in Canada and great Britain.,.
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