From: The moderator on 15 Sep 2009 10:59 "Carbon" <nobrac(a)nospam.tampabay.rr.com> wrote in message news:4aaedafa$0$23950$9a6e19ea(a)unlimited.newshosting.com... > On Mon, 14 Sep 2009 15:44:12 -0700, Dinosaur_Sr wrote: >> On Sep 13, 1:17 pm, Lloyd Parsons <lloydpars...(a)mac.com> wrote: >> >>> Yet for all that, they provide the care for less in overhead cost >>> than do the insurance companies. >> >> On what do you base that? All I see is govt squeezing primary care >> providers. I see no reduction in overhead..just reduction in >> allocation to the actual service. > > Of course the insurance companies do not have profit margins. Heaven > forbid they would take a big fat cut right off the top. And it's not > like the sea of documentation they require is a burden on every medical > practice in the country. Oh no. That would be totally inconceivable. What is the profit margin of the major health insurance providers?
From: Bobby Knight on 15 Sep 2009 11:16 On Tue, 15 Sep 2009 09:59:22 -0500, "The moderator" <no_spam_(a)no_mail.com> wrote: > >"Carbon" <nobrac(a)nospam.tampabay.rr.com> wrote in message >news:4aaedafa$0$23950$9a6e19ea(a)unlimited.newshosting.com... >> On Mon, 14 Sep 2009 15:44:12 -0700, Dinosaur_Sr wrote: >>> On Sep 13, 1:17 pm, Lloyd Parsons <lloydpars...(a)mac.com> wrote: >>> >>>> Yet for all that, they provide the care for less in overhead cost >>>> than do the insurance companies. >>> >>> On what do you base that? All I see is govt squeezing primary care >>> providers. I see no reduction in overhead..just reduction in >>> allocation to the actual service. >> >> Of course the insurance companies do not have profit margins. Heaven >> forbid they would take a big fat cut right off the top. And it's not >> like the sea of documentation they require is a burden on every medical >> practice in the country. Oh no. That would be totally inconceivable. > >What is the profit margin of the major health insurance providers? > http://wonkroom.thinkprogress.org/2009/08/05/are-health-insurers-making-too-much-money/ BK -- ___, \o | / \ . "Someone likes every shot"! bk
From: The moderator on 15 Sep 2009 11:21 "gray asphalt" <dontwrite(a)gmail.com> wrote in message news:GtDrm.316416$E61.220537(a)newsfe09.iad... > > We need a national, privately owned co-op that > figures premiums on actuarial tables instead of > "return on investment". How hard can it be for a > bunch of us to get together and sign up for such a > company, promising to buy insurance from this > co-op when it becomes available? If we build a > group they will come. And if the government is > willing to subsidize pre-existing illness members, > all the better and I sure don't mind spending a little > to get basic insurance for the poor, expecially > veterans, children, mentally ill, disabled, elderly, > mothers with underage children, who else ... ? Here is another surprise for you. The poor, veterans, mentally ill, disabled and the elderly already get free health care. Most of what you are railing about is already available. Your suggestion that adding more overhead somehow reduces costs is not a practical solution.
From: William Clark on 15 Sep 2009 11:24 In article <4aafabcb$0$23784$bbae4d71(a)news.suddenlink.net>, "The moderator" <no_spam_(a)no_mail.com> wrote: > "Carbon" <nobrac(a)nospam.tampabay.rr.com> wrote in message > news:4aaedafa$0$23950$9a6e19ea(a)unlimited.newshosting.com... > > On Mon, 14 Sep 2009 15:44:12 -0700, Dinosaur_Sr wrote: > >> On Sep 13, 1:17 pm, Lloyd Parsons <lloydpars...(a)mac.com> wrote: > >> > >>> Yet for all that, they provide the care for less in overhead cost > >>> than do the insurance companies. > >> > >> On what do you base that? All I see is govt squeezing primary care > >> providers. I see no reduction in overhead..just reduction in > >> allocation to the actual service. > > > > Of course the insurance companies do not have profit margins. Heaven > > forbid they would take a big fat cut right off the top. And it's not > > like the sea of documentation they require is a burden on every medical > > practice in the country. Oh no. That would be totally inconceivable. > > What is the profit margin of the major health insurance providers? Profit margin is a poor metric for health insurance companies, since they have very little input, other than the money they need to cover potential losses, which is several times any expected losses. Return on invested capital (ROIC), or even return on equity (ROE), are much better measures.
From: The moderator on 15 Sep 2009 11:25
"BAR" <Screw(a)You.Com> wrote in message news:W7GdncO-dqsHmjLXnZ2dnUVZ_omdnZ2d(a)giganews.com... > William Clark wrote: >> In article <j5edneBmxsKE7DfXnZ2dnUVZ_tGdnZ2d(a)giganews.com>, >> >> I call you a racist idiot on this one. > > There it is the race card. You call me a racist because you have nothing > left with which to argue. I don't care if Obama is purple, green or orange > he is still a socialist. One thing they can't teach in school is integrity. If you don't have integrity an education is not worth very much. The people on this user group who claim to be of superior intellect obviously aren't. Playing the race card does not indicate intelligence. It is a tool of the uneducated. |