Political Forums  

Go Back   Defending The Truth Political Forum > Political Issues > Healthcare

Healthcare Healthcare Forum - For topics and discussions about health care, health policies, and health care systems


Thanks Tree7Thanks
Reply
 
LinkBack Thread Tools Display Modes
Old July 9th, 2017, 10:53 AM   #1
Senior Member
 
Join Date: Oct 2009
Location: Cliffside Park, NJ
Posts: 395
Individuals’ Catastrophic Medical costs:

Individuals’ Catastrophic Medical costs;
federal insurance for catastrophic medical costs on behalf of individuals:

Excerpted from Congressman Paul Ryan’s web site. He forwarded a transcript concerning his positions of regarding USA’s healthcare policies; Racine [WI] Journal News, Mark Schaaf, July 7, 20217.
“Republicans have proposed the federal and state governments subsidize the cost of care for people in the individual market with catastrophic illnesses, Ryan said. He believes that will make it easier to insure people in those high-risk pools at a more affordable price”.

Paul Ryan’s advocating federal insuring catastrophic medical costs of individuals. That’s a concept that both sides of the political ailse could agree upon.
I’m a proponent of federal fiscal responsibility for catastrophic medical condition regardless if patients were or were not previously insured. Hospitals must be reimbursed for those extraordinary expenditures.

Respectfully, Supposn
Thanks from guy39
Supposn is offline  
Old July 9th, 2017, 11:34 AM   #2
Senior Member
 
Join Date: Nov 2012
Location: in that one house at that location over there
Posts: 2,090
Quote:
Originally Posted by Supposn View Post
Individuals’ Catastrophic Medical costs;
federal insurance for catastrophic medical costs on behalf of individuals:

Excerpted from Congressman Paul Ryan’s web site. He forwarded a transcript concerning his positions of regarding USA’s healthcare policies; Racine [WI] Journal News, Mark Schaaf, July 7, 20217.
“Republicans have proposed the federal and state governments subsidize the cost of care for people in the individual market with catastrophic illnesses, Ryan said. He believes that will make it easier to insure people in those high-risk pools at a more affordable price”.

Paul Ryan’s advocating federal insuring catastrophic medical costs of individuals. That’s a concept that both sides of the political ailse could agree upon.
I’m a proponent of federal fiscal responsibility for catastrophic medical condition regardless if patients were or were not previously insured. Hospitals must be reimbursed for those extraordinary expenditures.

Respectfully, Supposn
I think we should have medicare for all. But I agree with what you say as well. I am opposed to medicaid for all because I think we need some private insurance. If we go with medicaid it will end up as strict socialized medicine and death panels like we recently witnessed in Britain with the infant.
guy39 is offline  
Old July 9th, 2017, 12:14 PM   #3
Senior Member
 
BubbaJones's Avatar
 
Join Date: Mar 2013
Location: Middle Tennessee
Posts: 6,399
This is once again, private industry keeping their profits (and often paying few taxes) then offloading their debt to the public. They hated Obamacare because they HAD to insure the older less healthy and because they had to cover pre-existing conditions. So now that they've bribed enough congressmen they going to shift that burden to the tax payer.

Flooding damage more houses the ALL OTHER DAMAGES combined. Where do you buy flood insurance ?? From the federal government.

When you're young and healthy the insurance industry will gladly sell you insurance. But once you hit 65 what happens ?? MEDICARE !!!!! The same company that gave you coverage at 64 years old, will at 65 years old, sell you a supplemental policy for nearly the same premium !!!

We saw this during the housing crash. The same banks that blindly made loans to people they knew didn't qualify got bailed out by the government.

When someone talks about corporate welfare THIS is what we're talking about. Corporations keeping profits private, while in various manners moving their debts load to the tax payers.
Thanks from imaginethat, RNG, Sabcat and 1 others
BubbaJones is offline  
Old July 9th, 2017, 03:27 PM   #4
Senior Member
 
Join Date: Oct 2009
Location: Cliffside Park, NJ
Posts: 395
BubbaJones, state and federal medical insurance industry regulations can specify maximum rates, but medical insurers base their pricing upon the risks that they must assume; otherwise there would not now or in the future be any commercial or non-profit medical insurance enterprises.

If the federal government would assume fiscal liability for individual's catastrophic medical expenses, medical insurers can choose, or government's insurance regulatory laws could compel medical insurance rates be reduced to reflect the insurers' lesser financial exposure to risks; otherwise medical insurance rates must continue to reflect what are the insurers' probable financial risks under current regulations.

Respectfully, Supposn
Supposn is offline  
Old July 9th, 2017, 04:14 PM   #5
RNG
Senior Member
 
RNG's Avatar
 
Join Date: Apr 2013
Location: Between everywhere
Posts: 26,852
Quote:
Originally Posted by Supposn View Post
BubbaJones, state and federal medical insurance industry regulations can specify maximum rates, but medical insurers base their pricing upon the risks that they must assume; otherwise there would not now or in the future be any commercial or non-profit medical insurance enterprises.

If the federal government would assume fiscal liability for individual's catastrophic medical expenses, medical insurers can choose, or government's insurance regulatory laws could compel medical insurance rates be reduced to reflect the insurers' lesser financial exposure to risks; otherwise medical insurance rates must continue to reflect what are the insurers' probable financial risks under current regulations.

Respectfully, Supposn
That doesn't answer the point of it become profit for private entities and liabilities for the taxpayer.
RNG is offline  
Old July 9th, 2017, 04:29 PM   #6
Banned
 
League of Justice's Avatar
 
Join Date: Jun 2017
Location: Mood Indigo
Posts: 296
Yeah, single-payer is great. If it's "free" they will come.

Time-wasting patients pushing GP services to brink of collapse, says Britain’s new top doctor
League of Justice is offline  
Old July 9th, 2017, 04:44 PM   #7
Senior Member
 
Join Date: Oct 2009
Location: Cliffside Park, NJ
Posts: 395
Quote:
Originally Posted by guy39 View Post
I think we should have medicare for all. But I agree with what you say as well. ...
Guy39, Medicare is government provided basic medical insurance; it's not socialized medicine.
Medical providers are not required to accept Medicare patients but if they accept such patients, their charges to those patients may not exceed Medicare's fee schedules. People are not required to avail themselves of Medicare benefits.
I'm opposed to the manner of Medicare's funding.
I too am among the proponents of expanding Medicare for all ages.

I'm oppose to the annual deductible that's not covered by Medicare payments to the healthcare providers.
Perhaps some of the revenue reduced by eliminating the annual deductible could be replaced by annually capping individuals' medical services not subject copayments?

Respectfully, Supposn
Supposn is offline  
Old July 9th, 2017, 04:52 PM   #8
RNG
Senior Member
 
RNG's Avatar
 
Join Date: Apr 2013
Location: Between everywhere
Posts: 26,852
Quote:
Originally Posted by Supposn View Post
Guy39, Medicare is government provided basic medical insurance; it's not socialized medicine.
Medical providers are not required to accept Medicare patients but if they accept such patients, their charges to those patients may not exceed Medicare's fee schedules. People are not required to avail themselves of Medicare benefits.
I'm opposed to the manner of Medicare's funding.
I too am among the proponents of expanding Medicare for all ages.

I'm oppose to the annual deductible that's not covered by Medicare payments to the healthcare providers.
Perhaps some of the revenue reduced by eliminating the annual deductible could be replaced by annually capping individuals' medical services not subject copayments?

Respectfully, Supposn
Or do like the rest of the developed world and go to single payer of some sort.
RNG is offline  
Old July 9th, 2017, 05:03 PM   #9
Senior Member
 
Join Date: Oct 2009
Location: Cliffside Park, NJ
Posts: 395
If the federal government would assume fiscal liability for individual's catastrophic medical expenses, medical insurers can choose, or government's insurance regulatory laws could compel medical insurance rates be reduced to reflect the insurers' lesser financial exposure to risks; otherwise medical insurance rates must continue to reflect what are the insurers' probable financial risks under current regulations.

Quote:
Originally Posted by RNG View Post
That doesn't answer the point of it become profit for private entities and liabilities for the taxpayer.
RNG, I agree that it's at cost to the taxpayers; there's no free lunch.
Medical insurance rates reduced to reflect the insurers' lesser financial exposure to risks is not additional profit to the insurer.

Respectfully, Supposn
Supposn is offline  
Old July 9th, 2017, 05:19 PM   #10
Senior Member
 
skews13's Avatar
 
Join Date: Nov 2012
Location: nirvana
Posts: 8,519
Quote:
Originally Posted by RNG View Post
That doesn't answer the point of it become profit for private entities and liabilities for the taxpayer.
That's why capitalism is a ponzi scheme

Privatized profits

Socialized debts

The insurance industry is the epitome of that

The only free market that exists is your local flea market

Everything else is a subsidized scam, and protection racket
skews13 is offline  
Reply

  Defending The Truth Political Forum > Political Issues > Healthcare

Tags
catastrophic, costs, individuals, individuals’, medical



Search tags for this page
Click on a term to search for related topics.
Thread Tools
Display Modes


Similar Threads
Thread Thread Starter Forum Replies Last Post
Peak Number Of Americans Delaying Medical Care Over Costs antares Political Talk 37 January 23rd, 2015 09:00 AM
WHO warn virus could spread to other countries causing 'catastrophic' loss of life antares Current Events 50 August 5th, 2014 09:31 AM
Should medical insurers’ individual catastrophic accounts be federally re-insured? Supposn Healthcare 3 March 1st, 2013 11:06 AM
Cutting medical expenses; limit medical suits? Supposn Healthcare 1 November 29th, 2009 01:17 PM
Bush to be a Dictator in Catastrophic Emergency... tadpole256 Political Talk 8 June 1st, 2007 08:32 PM


Facebook Twitter RSS Feed



Copyright © 2005-2013 Defending The Truth. All rights reserved.