captmanning

Rational Market Theory and Black Swans in Healthcare Reform

Perhaps you missed the point. The reason people buy insurance is to defray cost of health care, auto accident, or catastrophic weather, etc. Making a profit by refusing to pay those claims or provide cover to people who need it is not capitalism, it is fat-cat greed. And I don't really care who is driving the Hummers, they are doing it on my dime, through shady practice or manipulation.


On Aug 18 10:28 AM YoYoMama wrote:

> How? Because insurance companies do not exist to pay on your claims.
> They exist to make a profit.
>
> And it's not the doctors who are driving the Hummers. It's the plaintiff's
> attorneys, who profit by further siphoning profits from insurance
> companies to benefit a select few, and the expense of all.
>
> Drive around your own city. The biggest homes and fanciest cars
> are not owned by doctors, but by plaintiffs attorneys.

Rational Market Theory and Black Swans in Healthcare Reform

It seems to me the discussion should be about taking care of sick people, and the ways and means of doing that.

How quickly these comments and all discussions on "Health Care Reform" turn to ideology, bean counting, and actuarial methodology that allow insurance companies and medical providers to realize huge profits and require unemployed parents to sit up mopping brows of sick children and listening to their whimpers because they cannot afford to seek even rudimentary health care.

How did the practice of medicine ever become about money and profit, and driving Hummers instead of treating sick people?