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Groups > sci.electronics.design > #459870

Re: Why Have Medical Insurance?

From Don Y <blockedofcourse@foo.invalid>
Newsgroups sci.electronics.design
Subject Re: Why Have Medical Insurance?
Date 2017-05-10 21:02 -0700
Organization A noiseless patient Spider
Message-ID <of0ni4$d3n$1@dont-email.me> (permalink)
References (4 earlier) <v1t1hcdhvqh7k5k8bli2pgdssts0sc2286@4ax.com> <iR7QA.4260$bP2.3765@fx13.iad> <fc42hc5o6qpmvf51fop7lakhp5smfm9o9d@4ax.com> <RD8QA.145221$kI.132583@fx43.iad> <37b16bf9-81c5-42a1-a245-685ff2ac4ed3@googlegroups.com>

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On 5/10/2017 12:40 PM, kevin93 wrote:
> On Monday, May 8, 2017 at 6:08:05 PM UTC-7, bitrex wrote:
> ...
>> It certainly can't be that they provide healthcare efficiently - they're
>> not in that business.
>
> Health insurance companies don't seem to be that efficient with about 20-25% gross margin:

Well, in addition to overhead, you've got to turn a PROFIT...  :>

> And their executives are not poorly paid either -

Do you want them NOT to be reimbursed for generating those PROFITS?

> All this comes out of the insurance premiums.

Of course!  One of the appeals of the ACA (to insurers) was that it expanded
the number of folks buying into the market.  And, encouraged consumption
of certain PREVENTATIVE services/procedures.  So, while it also capped
the profitability of the insurers, it ensured them a bigger pie from which
to take their "cut".

> The UK NHS comes in at about 14% which is deemed too high.

The administrative overhead, profit margin, etc. issues are red herrings.
Omit *all* of it and health care costs will still continue to climb at
a rate far exceeding inflation.

Folks aren't EAGER to consume healthcare.  E.g., I assume you AREN'T
sitting in your doctor's office RIGHT NOW soaking up all that "free"
health care?  Esp if you *paid* for it by way of taxes!!!  Like Kramer
with his "free coffee" settlement:
    <https://www.youtube.com/watch?v=E0jYDYynBps>

There are obviously other factors in play.  For an (arbitrary) start:
    <https://www.thebalance.com/causes-of-rising-healthcare-costs-4064878>
In decades past, you simply *died* when many of the chronic conditions
beset you.  Now, you *live* (for some amount of time) at an increased
COST.

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Thread

Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-08 16:27 -0400
  Re: Why Have Medical Insurance? "dcaster@krl.org" <dcaster@krl.org> - 2017-05-08 14:20 -0700
    Re: Why Have Medical Insurance? John Larkin <jjlarkin@highland_snip_technology.com> - 2017-05-08 14:54 -0700
      Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-08 18:08 -0400
        Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-08 20:01 -0400
          Re: Why Have Medical Insurance? bitrex <bitrex@de.lete.earthlink.net> - 2017-05-08 20:14 -0400
            Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-08 20:47 -0400
              Re: Why Have Medical Insurance? bitrex <bitrex@de.lete.earthlink.net> - 2017-05-08 21:08 -0400
                Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-08 21:14 -0400
                Re: Why Have Medical Insurance? dagmargoodboat@yahoo.com - 2017-05-10 09:33 -0700
                Re: Why Have Medical Insurance? bloggs.fredbloggs.fred@gmail.com - 2017-05-11 05:29 -0700
                Re: Why Have Medical Insurance? kevin93 <kevin@whitedigs.com> - 2017-05-10 12:40 -0700
                Re: Why Have Medical Insurance? Don Y <blockedofcourse@foo.invalid> - 2017-05-10 21:02 -0700
                Re: Why Have Medical Insurance? kevin93 <kevin@whitedigs.com> - 2017-05-11 16:31 -0700
                Re: Why Have Medical Insurance? Don Y <blockedofcourse@foo.invalid> - 2017-05-11 16:39 -0700
                Re: Why Have Medical Insurance? Don Y <blockedofcourse@foo.invalid> - 2017-05-11 16:44 -0700
                Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-11 20:26 -0400
                Re: Why Have Medical Insurance? John Robertson <spam@flippers.com> - 2017-05-11 21:11 -0700
                Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-12 00:41 -0400
                Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-12 19:44 -0400
                Re: Why Have Medical Insurance? John Robertson <spam@flippers.com> - 2017-05-12 22:10 -0700
          Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-08 21:26 -0400
            Re: Why Have Medical Insurance? bitrex <bitrex@de.lete.earthlink.net> - 2017-05-08 21:31 -0400
              Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-08 21:48 -0400
                Re: Why Have Medical Insurance? dagmargoodboat@yahoo.com - 2017-05-10 10:24 -0700
                Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-10 13:35 -0400
                Re: Why Have Medical Insurance? dagmargoodboat@yahoo.com - 2017-05-10 11:25 -0700
                Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-10 18:18 -0400
                Re: Why Have Medical Insurance? dagmargoodboat@yahoo.com - 2017-05-10 18:38 -0700
                Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-10 19:09 -0700
                Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-10 18:49 -0700
            Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-08 21:37 -0400
              Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-08 19:52 -0700
            Re: Why Have Medical Insurance? amdx <nojunk@knology.net> - 2017-05-08 22:58 -0500
              Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-09 01:14 -0700
                Re: Why Have Medical Insurance? amdx <nojunk@knology.net> - 2017-05-10 14:19 -0500
                Re: Why Have Medical Insurance? dagmargoodboat@yahoo.com - 2017-05-10 18:30 -0700
                Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-10 21:46 -0400
                Re: Why Have Medical Insurance? dagmargoodboat@yahoo.com - 2017-05-10 18:53 -0700
              Re: Why Have Medical Insurance? bitrex <bitrex@de.lete.earthlink.net> - 2017-05-09 09:29 -0400
                Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-09 12:13 -0400
            Re: Why Have Medical Insurance? dagmargoodboat@yahoo.com - 2017-05-10 09:38 -0700
              Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-10 13:25 -0400
                Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-10 13:41 -0400
                Re: Why Have Medical Insurance? dagmargoodboat@yahoo.com - 2017-05-10 11:44 -0700
                Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-10 18:40 -0400
                Re: Why Have Medical Insurance? dagmargoodboat@yahoo.com - 2017-05-10 18:49 -0700
                Re: Why Have Medical Insurance? kevin93 <kevin@whitedigs.com> - 2017-05-10 19:18 -0700
                Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-10 20:12 -0700
                Re: Why Have Medical Insurance? "dcaster@krl.org" <dcaster@krl.org> - 2017-05-11 19:16 -0700
                Re: Why Have Medical Insurance? kevin93 <kevin@whitedigs.com> - 2017-05-11 20:19 -0700
                Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-11 21:43 -0700
                Re: Why Have Medical Insurance? "dcaster@krl.org" <dcaster@krl.org> - 2017-05-12 17:16 -0700
                Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-12 18:52 -0700
              Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-10 19:27 -0700
          Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-08 19:43 -0700
        Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-08 20:30 -0700
          Re: Why Have Medical Insurance? Tom Gardner <spamjunk@blueyonder.co.uk> - 2017-05-09 08:28 +0100
            Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-09 01:20 -0700
              Re: Why Have Medical Insurance? Tom Gardner <spamjunk@blueyonder.co.uk> - 2017-05-09 09:39 +0100
            Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-09 12:22 -0400
              Re: Why Have Medical Insurance? Tom Gardner <spamjunk@blueyonder.co.uk> - 2017-05-09 17:37 +0100
                Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-09 12:47 -0400
        Re: Why Have Medical Insurance? Spehro Pefhany <speffSNIP@interlogDOTyou.knowwhat> - 2017-05-09 07:58 -0400
          Re: Why Have Medical Insurance? Don Y <blockedofcourse@foo.invalid> - 2017-05-09 06:33 -0700
            Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-09 12:48 -0400
          Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-09 12:26 -0400
            Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-09 20:08 -0400
      Re: Why Have Medical Insurance? Don Y <blockedofcourse@foo.invalid> - 2017-05-08 15:55 -0700
        Re: Why Have Medical Insurance? bitrex <bitrex@de.lete.earthlink.net> - 2017-05-08 19:39 -0400
          Re: Why Have Medical Insurance? Don Y <blockedofcourse@foo.invalid> - 2017-05-08 18:34 -0700
        Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-08 20:49 -0400
        Re: Why Have Medical Insurance? John Larkin <jjlarkin@highland_snip_technology.com> - 2017-05-08 17:55 -0700
          Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-08 20:10 -0700
          Re: Why Have Medical Insurance? Tom Gardner <spamjunk@blueyonder.co.uk> - 2017-05-09 08:33 +0100
            Re: Why Have Medical Insurance? Don Y <blockedofcourse@foo.invalid> - 2017-05-09 00:55 -0700
              Re: Why Have Medical Insurance? Tom Gardner <spamjunk@blueyonder.co.uk> - 2017-05-09 09:21 +0100
                Re: Why Have Medical Insurance? Don Y <blockedofcourse@foo.invalid> - 2017-05-09 01:47 -0700
                Re: Why Have Medical Insurance? mike <ham789@netzero.net> - 2017-05-09 04:06 -0700
                Re: Why Have Medical Insurance? Don Y <blockedofcourse@foo.invalid> - 2017-05-09 06:00 -0700
                Re: Why Have Medical Insurance? mike <ham789@netzero.net> - 2017-05-09 16:30 -0700
                Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-09 20:08 -0400
                Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-09 20:10 -0400
                Re: Why Have Medical Insurance? mike <ham789@netzero.net> - 2017-05-09 19:50 -0700
                Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-10 12:51 -0400
                Re: Why Have Medical Insurance? Don Y <blockedofcourse@foo.invalid> - 2017-05-09 19:30 -0700
                Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-09 20:55 -0700
                Re: Why Have Medical Insurance? mike <ham789@netzero.net> - 2017-05-09 21:44 -0700
                Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-09 23:46 -0700
                Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-09 12:33 -0400
              Re: Why Have Medical Insurance? dagmargoodboat@yahoo.com - 2017-05-10 10:47 -0700
                Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-10 18:44 -0400
                Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-10 19:37 -0700
                Re: Why Have Medical Insurance? "billbowden" <bperryb@bowdenshobbycircuits.info> - 2017-05-11 20:54 -0700
                Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-12 00:31 -0400
                Re: Why Have Medical Insurance? "billbowden" <bperryb@bowdenshobbycircuits.info> - 2017-05-12 15:19 -0700
                Re: Why Have Medical Insurance? Don Y <blockedofcourse@foo.invalid> - 2017-05-11 22:22 -0700
                Re: Why Have Medical Insurance? jurb6006@gmail.com - 2017-05-12 21:33 -0700
                Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-12 22:11 -0700
                Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-13 02:21 -0400
                Re: Why Have Medical Insurance? dagmargoodboat@yahoo.com - 2017-05-21 09:47 -0700
                Re: Why Have Medical Insurance? "billbowden" <bperryb@bowdenshobbycircuits.info> - 2017-05-22 18:38 -0700
                Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-23 18:38 -0400
            Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-09 12:31 -0400
              Re: Why Have Medical Insurance? Tom Gardner <spamjunk@blueyonder.co.uk> - 2017-05-09 17:40 +0100
      Re: Why Have Medical Insurance? Frank Miles <fpm@u.washington.edu> - 2017-05-08 23:39 +0000
      Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-08 19:34 -0700
      Re: Why Have Medical Insurance? amdx <nojunk@knology.net> - 2017-05-08 22:04 -0500
    Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-08 18:03 -0400
      Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-08 20:02 -0400
    Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-08 18:41 -0400
    Re: Why Have Medical Insurance? mike <ham789@netzero.net> - 2017-05-08 19:04 -0700
      Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-08 22:17 -0400
        Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-08 22:27 -0400
          Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-08 22:30 -0400
        Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-08 20:30 -0700
      Re: Why Have Medical Insurance? Don Y <blockedofcourse@foo.invalid> - 2017-05-08 19:33 -0700
        Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-08 22:55 -0400
      Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-08 20:21 -0700
    Re: Why Have Medical Insurance? bloggs.fredbloggs.fred@gmail.com - 2017-05-09 09:13 -0700
      Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-09 12:45 -0400
        Re: Why Have Medical Insurance? bloggs.fredbloggs.fred@gmail.com - 2017-05-10 08:05 -0700
    Re: Why Have Medical Insurance? dagmargoodboat@yahoo.com - 2017-05-10 19:04 -0700
      Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-10 22:38 -0400
      Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-10 23:03 -0400
        Re: Why Have Medical Insurance? dagmargoodboat@yahoo.com - 2017-05-21 09:30 -0700
          Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-22 01:24 -0400
  Re: Why Have Medical Insurance? John Robertson <spam@flippers.com> - 2017-05-08 14:22 -0700
  Re: Why Have Medical Insurance? Jim Thompson <To-Email-Use-The-Envelope-Icon@On-My-Web-Site.com> - 2017-05-08 17:08 -0700
    Re: Why Have Medical Insurance? bitrex <bitrex@de.lete.earthlink.net> - 2017-05-08 20:20 -0400
      Re: Why Have Medical Insurance? bitrex <bitrex@de.lete.earthlink.net> - 2017-05-08 20:30 -0400
    Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-08 20:42 -0700
  Re: Why Have Medical Insurance? amdx <nojunk@knology.net> - 2017-05-12 18:31 -0500
    Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-12 19:49 -0400
      Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-12 20:14 -0400
      Re: Why Have Medical Insurance? amdx <nojunk@knology.net> - 2017-05-12 19:27 -0500
        Re: Why Have Medical Insurance? Don Y <blockedofcourse@foo.invalid> - 2017-05-12 17:38 -0700
          Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-12 21:22 -0400
            Re: Why Have Medical Insurance? jurb6006@gmail.com - 2017-05-12 21:43 -0700
              Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-13 11:04 -0400
                Re: Why Have Medical Insurance? Lasse Langwadt Christensen <langwadt@fonz.dk> - 2017-05-13 09:13 -0700
            Re: Why Have Medical Insurance? jurb6006@gmail.com - 2017-05-12 21:45 -0700
              Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-12 22:27 -0700
              Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-13 11:06 -0400
                Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-13 08:40 -0700
                Re: Why Have Medical Insurance? Reinhardt Behm <rbehm@hushmail.com> - 2017-05-14 00:01 +0800
                Re: Why Have Medical Insurance? amdx <nojunk@knology.net> - 2017-05-15 09:32 -0500
                Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-15 10:45 -0400
                Re: Why Have Medical Insurance? amdx <nojunk@knology.net> - 2017-05-15 13:48 -0500
                Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-16 01:40 -0400
                Re: Why Have Medical Insurance? Don Y <blockedofcourse@foo.invalid> - 2017-05-15 07:48 -0700
                Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-15 20:30 -0400
                Re: Why Have Medical Insurance? Jasen Betts <jasen@xnet.co.nz> - 2017-05-28 12:10 +0000
                Re: Why Have Medical Insurance? "Kevin Aylward" <kevinRemovAT@kevinaylward.co.uk> - 2017-05-13 21:11 +0100
                Re: Why Have Medical Insurance? Don Y <blockedofcourse@foo.invalid> - 2017-05-13 13:39 -0700
                Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-13 16:56 -0400
                Re: Why Have Medical Insurance? Lasse Langwadt Christensen <langwadt@fonz.dk> - 2017-05-13 14:04 -0700
                Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-13 17:18 -0400
                Re: Why Have Medical Insurance? Lasse Langwadt Christensen <langwadt@fonz.dk> - 2017-05-13 14:41 -0700
                Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-13 21:17 -0700
                Re: Why Have Medical Insurance? amdx <nojunk@knology.net> - 2017-05-15 13:55 -0500
                Re: Why Have Medical Insurance? dagmargoodboat@yahoo.com - 2017-05-21 10:27 -0700
                Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-21 21:53 -0700
            Re: Why Have Medical Insurance? Tom Gardner <spamjunk@blueyonder.co.uk> - 2017-05-13 06:28 +0100
              Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-13 02:23 -0400
                Re: Why Have Medical Insurance? Tom Gardner <spamjunk@blueyonder.co.uk> - 2017-05-13 08:06 +0100
          Re: Why Have Medical Insurance? jurb6006@gmail.com - 2017-05-12 21:40 -0700
            Re: Why Have Medical Insurance? bill.sloman@ieee.org - 2017-05-12 22:13 -0700
              Re: Why Have Medical Insurance? John Robertson <spam@flippers.com> - 2017-05-13 10:14 -0700
                Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-13 14:32 -0400
    Re: Why Have Medical Insurance? Don Y <blockedofcourse@foo.invalid> - 2017-05-12 17:33 -0700
      Re: Why Have Medical Insurance? amdx <nojunk@knology.net> - 2017-05-12 20:11 -0500
        Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-12 21:34 -0400
          Re: Why Have Medical Insurance? amdx <nojunk@knology.net> - 2017-05-13 09:19 -0500
            Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-13 11:34 -0400
              Re: Why Have Medical Insurance? John Robertson <spam@flippers.com> - 2017-05-13 10:35 -0700
                Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-13 14:38 -0400
                Re: Why Have Medical Insurance? John Robertson <spam@flippers.com> - 2017-05-13 16:25 -0700
        Re: Why Have Medical Insurance? krw@notreal.com - 2017-05-12 22:37 -0400
        Re: Why Have Medical Insurance? Don Y <blockedofcourse@foo.invalid> - 2017-05-12 19:46 -0700
          Re: Why Have Medical Insurance? amdx <nojunk@knology.net> - 2017-05-13 09:38 -0500
            Re: Why Have Medical Insurance? Don Y <blockedofcourse@foo.invalid> - 2017-05-13 08:05 -0700
              Re: Why Have Medical Insurance? amdx <nojunk@knology.net> - 2017-05-13 10:35 -0500
                Re: Why Have Medical Insurance? rickman <gnuarm@gmail.com> - 2017-05-13 12:00 -0400
                Re: Why Have Medical Insurance? Don Y <blockedofcourse@foo.invalid> - 2017-05-13 09:14 -0700
      Re: Why Have Medical Insurance? dagmargoodboat@yahoo.com - 2017-05-21 09:56 -0700

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