put up or shut up time
Sunday, August 2nd, 2009I didn’t have anything on my mind, and then I saw this posted by a friend:
I’m in favor of government running things where profit maximization should not be the goal – defense, infrastructure, education, and healthcare. To those who disagree, I ask:
- Why would you want to put $600 billion into shareholders’ pockets at the expense of improving the nation’s overall health and productivity (which can only help GDP)?
- Why don’t you want to move away from a system with 30% overhead (which doesn’t improve health in any way) to one with 3% overhead?
By reducing administrative overhead and eliminating profits for the payers from the equation, we can then pay doctors more for their services than they currently get from Medicare and Medicaid while likely reducing overall costs of healthcare for people and businesses alike. I don’t understand (and would like to know) why someone would disagree with this model (unless of course that person was a financial beneficiary of the current one at the expense of millions of Americans’ well-being).