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digimon7068
New member
it was a throw-away question...
Lol at USA
- Thread starter sterolizer
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it was a throw-away question...
Likewise.
Like the private sector isn't just as corrupt, if not more so.
mrplunkey
New member
When someone in the private sector is corrupt, you can take your dollars elsewhere. And the private sector companies have to answer to shareholders as well as customers.
Government is a self-perpetuating machine that just keeps growing.
Neither the all-private nor the all-government solutions are viable, we need both, as a form of checks and balances.
fuel and food prices raise because of _ OIL... that is one of the few industries that are price gouging... do to specualtion of wall street in pair...gee, that explains the hundreds of percents increases in fuel, food and health insurance (etc.) over the last 10 years, while the real estate markets crashed all over the country in the face of a floundering dollar, all the while inflation was (supposedly) either 4% or non-existent or we were in a recession...i'm glad someone finally cleared that shit up for me
Insurance is in the same boat as OIL.. Price gouging..
Realestate... Wallstreet... Not because of actual Value...
I can clear it up for you but its quite a long story.... you know parts but you are missing a large portion... You cant tie inflation to the Oil / Insurance industry due to the fact that they have had so manyyears of laws that freed them to create a Monopoly... along with Wallstreet/ and Bankers dirty dealings, betting against their own assets and making millions on the losing ones....
they caused the 4% inflation... But that was a created dilemma that was slightly artifical ..... the story gets deeper.. but this is not the place...
BB
digimon7068
New member
i'm a CVA (i.e., valuation is my livelihood)...you don't need to clear it up for me...i was just being a wiseass...and i was pointing out that "the value of the dollar" doesn't necessarily rule the day...it's a little more complicated than that.
Bottom Line is this....
There are 1300 insurance pools in America with health coverage pay out rates anywhere from 40 - 60% for medical, meaning 60% - 40% of all expenses incurred for health insurance in the United States is payed in overheads. We have 85% coverage and are wasting in overheads that 40 % - 60 % to pay for a highly inefficient industry. We as with Medicare and Medicaid the Administrative overheads are 5% - 7% with about 95% of every dollar going to direct health care costs coverage.
There are 1300 insurance pools in America with health coverage pay out rates anywhere from 40 - 60% for medical, meaning 60% - 40% of all expenses incurred for health insurance in the United States is payed in overheads. We have 85% coverage and are wasting in overheads that 40 % - 60 % to pay for a highly inefficient industry. We as with Medicare and Medicaid the Administrative overheads are 5% - 7% with about 95% of every dollar going to direct health care costs coverage.
mrplunkey
New member
Do you know who/how Medicare claims are processed?
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