Sunday, July 7, 2013

Journal Sentinel turns s**t to print in laughable article arguing for Free Market Health Care!!!

What were they thinking? This is free market mumbo jumbo at it’s worst.

I have never seen a more disjointed, irrelevant, nonsensical story on health care in my life. A real head scratcher for sure that never even mentions the money wasted on the insurance industry. Money that could go to actual health care. This article blames you and me and of course the new delivery system-Obamacare.

For example, with the roll out of a nationwide health care system, covering tens of millions of people, you would think it would be a real shot in the arm for job creation right? According to the following “economists” and industry brainiacs, job creation is now a bad thing:
jsonline: The nation has grown increasingly dependent on health care as a creator of jobs, with the number of people working in the sector rising 22.7% during the past decade, compared with 2.1% for all other industries, according to the Brookings Institution report.

But having a large percentage of jobs in health care may be a troubling sign, economists say. "The health care industry is not meant to be a jobs program," said Amitabh Chandra, a health economist at Harvard University. "It is meant to be an industry that improves people's health."
What? "The health care industry is not meant to be a jobs program." Give me a break. This ranks right up there with the complaint that covering everyone will create a doctor shortage. Econ 101; demand (covered Americans) creates more jobs (doctors)…what am I missing?

So these new health care jobs are stealing jobs away from everyone else? Oh please….
The areas where health care has accounted for a large percentage of total job growth since the recession have also had the weakest job growth, according to the MetroMonitor.
I think this is their point (but I could be wrong): Supposedly adding health care workers pushes costs higher, increasing paycheck deductions, decreasing employee spending and depressing the economy. It’s almost too painful to watch free marketers contort like this:
Amitabh Chandra, a health economist at Harvard University (wrote) an article titled "The Health Care Jobs Fallacy" published in the New England Journal of Medicine last year. Chandra … wrote that growth in health care jobs leaves Americans with "less money to devote to groceries, college tuition and mortgage payments, and the U.S. government with less money to perform all other government functions" … spending "is producing, at best, small gains in health" … workers taking home smaller paychecks because a larger share of their total compensation is in the form of health benefits.
You’ll love this convoluted analysis from a former “Bushie” who again is forgetting that Obamacare is adding 30 to 40 million people, requiring more health care workers:
Scott Adams, a labor and health economist at the University of Wisconsin-Milwaukee agreed that having more jobs in health care in itself is not necessarily desirable. "If we are not getting an improvement in health outcomes, that's not an efficient use of money."  
But treatment and drugs have only advance so far…we don't have Star Trek tricorder's yet, or do we?

That ol’ “Health care is like buying a car and iPad:” Again, you’ll notice how the insurance industries are never mentioned as the biggest waste of money in our health care system; it’s the American people who are to blame for being lousy shoppers when they have heart attacks:
…advances in medicine have resulted in stunning improvements in the quality and length of people's lives in the past three decades. But by some estimates, 20% to 30% of health care spending doesn't result in improved health. Chandra said. "We spend (money) on the wrong things."

Chandra said … much of the growth in health care jobs and spending doesn't stem from consumers making decisions in a competitive market similar to other sectors of the economy. The true cost of health care often is obscured. "It is not totally clear to people what they are forgoing when they purchase health care," Chandra said. "It's very clear when they purchase a car or an iPad."

Who obscured the costs? Insurers. Who’s providing a competitive marketplace? Obamacare.

1 comment:

  1. What is also REALLY driving up costs is hospital owned physician groups that double dip the insurance industry by becoming sort of a manager for the doctors. The doctor charges "X" amount to the insurance company, then the physicians group sends ANOTHER bill for the same procedure, only as the doctors carrier, (Presumably to cover costs, snicker-snicker), and Both bills are sent to the insurance company for one treatment or service. Thanks to congress, this is perfectly legal and hospital groups can and do create a problem with this. They tell an insurance carrier that if you want your clients to be covered while seeing our doctors, you're going to pay our price, or we won't accept your coverage in our hospital or staff of attending doctors in our group. Vinnie and Rocko can't be far behind as the leg breakers/enforcers for this type of business practice.

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