KCFlyer
Veteran
- Aug 20, 2002
- 11,284
- 1,427
Breaking news....the US has a fair share of heart attacks. Gosh...just look at our war vice president, who has better medical care than any average American. But Canadians are still living longer. Why is that?They seem to have problems with heart attacks......probably while trying to get appointments.
In the end they will dime down costs and along with it quality.
What has the government done that didn't spiral out of control?
As far as "diming down costs"...a private insurance company is in business to make a profit. They are looking to cut costs - they start by denying claims...they have departments whose sole purpose is to find a reason to deny a claim. After that, what do they do? According to Business Week and US News, some are seriously considering "offshoring" our health care. There was a letter in US News from a guy who went to India for a heart bypass. His insurance company was so thrilled, they not only paid for the expenses of the surgery, they paid HIM...and still paid out far less than they would had he had the operation done in the US. We are an adaptable lot...nobody really cares that the airplanes they are riding on have had heavy maintenance offshored...we'll get used to heading to India for surgeries.
So it looks like doctors and hospitals are going to have to settle for less income - even if we DON'T "socialize" medicine, if they plan on working with an insurance company. I am wondering...which would you consider better..."socialized medicine" or being told by your insurance company that if you insist on having surgery that would total $300,000 here when they have doctor and hospital willing to provide the same service for $85,000 in India, then you can pick up the $215,000 shortfall out of your "medical savings account" (that's the cure according to W...a good old MSA).
So let's see....if you are able to tuck away $1,000 a month into your MSA (and still keep a roof over your head and food on your table) it would only take you 18 years to get enough money to cover that surgery, give or take a year or two. I guess that would encourage one to exercise a bit more.
So let's do our right wing new math on what will need just for the basics:
1. $1,000 to fund our MSA because socialized medicine is bad and the profit motive of insurance companies won't guarantee that we get care here at home
2. $1,000 to put in our IRA because Social Security is a waste and we can make more anyways.
3. $1,500 to pay the mortgage.
4. $500 to feed the family
5. $300 for utilities
6. $300 for gas to get us to and from work
7. $200 for insurance on the house and car.
So...we need to only "bring home" $4,800 a month, or almost $60,000 per year. That's just for bare necessities...if you want cable and internet access, let's call it $62k per year. That's not too shabby...except the the median gross household income is $48,201...and those folks would want to take advantage of an MSA -wouldn't they? I mean, they'd be fools not to.