Documentary on a Fix for the Healthcare System

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Businessman Richard Master has come up with a plan to engage business people throughout the US in reforming the dysfunctional healthcare system.
He realizes that our present system is unsustainable, and has produced a documentary to present to business leaders to explain the problem. Here is a link to his trailer.
Anyone have a good argument against his suggestions?
We can’t keep going the way we are.

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Pay Less and Get More is the formula for all successful businesses.

Govt has shown they won’t come up with the answer.
 
lax16 said:
I would think that is why Southwest has lower fares. No food, just peanuts and a beverage.
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Perhaps, but then that would not be an example of pay less and get more. It would be more of pay less and get less. On the other hand, Southwest’s fares are not always that low, some sometimes it is pay more and get less.
 
stinkcat_14 said:
Perhaps, but then that would not be an example of pay less and get more. It would be more of pay less and get less. On the other hand, Southwest’s fares are not always that low, some sometimes it is pay more and get less.
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Perhaps you could comment on the thread topic (healthcare), instead of deflecting.
 
Theo520 said:
Perhaps you could comment on the thread topic (healthcare), instead of deflecting.
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Actually, I wasn’t deflecting anything. You were the one who brought up the requirement for a successful business. I was just responding to your comment. Since you have conceded that your comment was not entirely correct, there is not much more that needs to be said on the issue.
 
In 2008 several polls showed that 85% of Americans were happy and satisfied with their health insurance plans and their health care. Then someone noticed that 15 % of Americans did not have health insurance. That triggered the notion that our health care system was broken and ONLY the government could fix it.

If someone had asked why 15% of Americans did not have insurance they would have learned that the majority of uninsured did not need or want to buy health insurance and the rest were between jobs, going from one plan to another. Only 5 % of the uninsured wanted health insurance but could not afford it. So for the sake of the 5% of the 15% uninsured…the government upset the health insurance industry and gave us a system that is REALLY broken.

I have not watched the documentary offered by the OP.

I will say that the only way to correct this situation is the total elimination and repeal of ObamaCare and allow insurance companies to operate in a free market.

The only thing the government could do to help would be to promote Health Savings Accounts by making them totally tax free.
 
stinkcat_14 said:
Actually, I wasn’t deflecting anything. You were the one who brought up the requirement for a successful business. I was just responding to your comment. Since you have conceded that your comment was not entirely correct, there is not much more that needs to be said on the issue.
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That you lack any understanding of competitive markets and pricing is not my problem to solve.
 
Theo520 said:
That you lack any understanding of competitive markets and pricing is not my problem to solve.
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What makes you think I lack any understanding of competitive markets? In my profession, when we make claims we are expected to back them up. My profession happens to be economics, so you are claiming that I lack any understanding of economics, so let’s see the data that backs up your claim. What evidence do you have?
 
When I explored his site a bit, it seems he doesn’t really have a plan. He just thinks ‘single payer’ will solve everything.
Viki63 said:
Businessman Richard Master has come up with a plan to engage business people throughout the US in reforming the dysfunctional healthcare system.
He realizes that our present system is unsustainable, and has produced a documentary to present to business leaders to explain the problem. Here is a link to his trailer.
Anyone have a good argument against his suggestions?
We can’t keep going the way we are.

.
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Theo520 said:
That you lack any understanding of competitive markets and pricing is not my problem to solve.
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Obviously, you could not provide any proof of your claim. So claims that are made without proof can be easily dismissed without proof. Next time be more careful before making false claims.
 
I’ll first admit, I didn’t take the time to watch the documentary. But well say the best place to start is lowering the operational cost of Physicians, i.e. Malpractice Insurance, and the likes.
Then follow that with more Clinics that operate on a sliding scale.
Then encourage more Faith Based Hospitals, by reducing the current Governmental burdens placed upon them.
Then focus on the things that made this country strong, 50 to 100 years ago, and that was a strong family unit, a sense of community and the Church. As you can not build anything to last without a good foundation.
Just my opinion and observation.
 
It seems to me that the only physicians who are happy in their work now are the ones who have opted out of the government and insurance system. These are primary care physicians who don’t take insurance of any kind. Not private insurance, not government insurance. They are paid by their patients. This is called direct primary care. They usually charge a single monthly fee, to take care of all of a patient’s primary care services, including most lab work, tests, xrays, and sometimes drugs. They don’t do coding; they don’t hire insurance filers, there is minimal overhead.

The practices I have read about and their patients like it. Look up Direct Primary Care. Prices go down because a third or fourth party is not paying. It’s a patient-physician centered model.
 
Zoltan_Cobalt said:
I will say that the only way to correct this situation is the total elimination and repeal of ObamaCare and allow insurance companies to operate in a free market…
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I respectfully disagree. We have had free markets for the insurance companies for 50 years, and they are draining the economy while providing nothing of any value.

I think the link I gave above just goes to a trailer for the documentary, not the whole doc. Here is a quote from an article on Master’s plan from Physicians for a National Health Program:

‘It is interesting to see how Master meticulously argues his case. Spending on health care is at 18 percent of GDP, he says, while the average in other industrialized countries is below ten percent. “We can’t compete,” he adds, “and if we go to 20 percent or 25 percent, we are going to have to give up on education and on any work we are doing on our infrastructure.” He thinks “of this painting by Goya - Saturn Devouring His Son. The healthcare system is essentially devouring the rest of the economy whole.”’

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Your quote simply highlights we have a problem, it doesn’t support Master’s plan as a viable solution to the problem.
Viki63 said:
‘It is interesting to see how Master meticulously argues his case. Spending on health care is at 18 percent of GDP, he says, while the average in other industrialized countries is below ten percent. “We can’t compete,” he adds, “and if we go to 20 percent or 25 percent, we are going to have to give up on education and on any work we are doing on our infrastructure.” He thinks “of this painting by Goya - Saturn Devouring His Son. The healthcare system is essentially devouring the rest of the economy whole.”’
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JimG said:
It seems to me that the only physicians who are happy in their work now are the ones who have opted out of the government and insurance system. These are primary care physicians who don’t take insurance of any kind. Not private insurance, not government insurance. They are paid by their patients. This is called direct primary care. They usually charge a single monthly fee, to take care of all of a patient’s primary care services, including most lab work, tests, xrays, and sometimes drugs. They don’t do coding; they don’t hire insurance filers, there is minimal overhead.

The practices I have read about and their patients like it. Look up Direct Primary Care. Prices go down because a third or fourth party is not paying. It’s a patient-physician centered model.
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This model works OK for general sniffles and sneezes and the occasional broken bone. But it will not work for the average person requiring a heart transplant, kidney dialysis, chemotherapy, or other high-cost items. If they don’t have insurance or charity, they will just die.
 
LeafByNiggle said:
This model works OK for general sniffles and sneezes and the occasional broken bone. But it will not work for the average person requiring a heart transplant, kidney dialysis, chemotherapy, or other high-cost items. If they don’t have insurance or charity, they will just die.
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There are forms of Catastrophic Health Insurance policies available for a fraction of the cost of Obamacare that will cover heart transplant, kidney dialysis, chemotherapy, or other high-cost items. A Health Savings Account (HSA) can cover all the “general sniffles and sneezes”…
 
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