I'll cut Obama some slack.jhu72 wrote: ↑Fri Apr 05, 2019 11:00 amMDlaxfan76 wrote: ↑Fri Apr 05, 2019 7:04 amI agree with you on your critique of not for profit healthcare co's, especially the insurance co's, and exec salaries.runrussellrun wrote: ↑Fri Mar 29, 2019 4:10 pmAh....the middle man. why the F does a non-profit have almost TWO BILLION dollars in assets/savings/investments?a fan wrote: ↑Fri Mar 29, 2019 11:57 amI have NO idea how anyone looks at that chart and thinks "problem with the American Health Care system? What Problem?
I guess everyone on this board thinks it makes sense to pay twice the going rate, and to hand it to middle men who do NOTHING to keep you or your family healthy.
and this is just Blue cross/Blue Shield of Massachusettes.
http://990s.foundationcenter.org/990_pd ... 2_990O.pdf
I never get any responses to my non profit posts, why am I surprised the average American gives a turd about the cartel business practices that go on with our nations insurance companies, when the well meaning posters on here won't engage.
5 of the BC staff make well over a million dollars. Top guy, Andrew Dreyfus, makes almost $4 million
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NON-Profit Health Insurance Companies. Highest assets, per state. Includes highest paid executive and number making 7 figures.
This includes savings, bonds, stocks, etc.
Maryland- Medstar $2.713 BILLION . 7 execs make over a million. Top person, Ken Samet, makes $5.1 million
http://990s.foundationcenter.org/990_pd ... 06_990.pdf
New York- pretend liberal land Columbia/Mailman school of health $16.6 BILLION.
8 execs make at least $3 million per year. Top person, Pete Holland, makes $6.6 million
http://990s.foundationcenter.org/990_pd ... 06_990.pdf
California- Kaiser Foundation $20 billion. 33 execs make over a million. Yes, 33. Top exec, Bernard Tyson, makes $10 million.
http://990s.foundationcenter.org/990_pd ... 12_990.pdf
Just a small sample. Of course, these NON-profits lobbied for obamacare to pass. Gee.....wonder why.
Salaries aside, What the heck is a non-profit doing with billions upon billion in investments?
Why did they lobby for Obamacare? Because it maintained the private health insurance system, indeed increased their customer base, and reduced uncompensated care.
Scared to death of single-payor or even public option.
No question the insurance companies made out and that is Obama's fault. He should have gone straight for single payer, medicare for all, would have been less expensive and the roll out would have been a non-event. Easier to scale something already working well, rather than build something new and not use existing parts that worked. This is what comes from trying to compromise, sending a conciliatory signal to the republicans (using a republican game plan). Not listening to Pelosi and company.
I have to laugh(along with afan) every time one of the Trumpnista fools calls Obama a socialist, a left wing extremist.
I don't think he'd have passed single payor. I think he'd have lost some Dems at that point.
Perfect the enemy of the good.
So, time has passed, some aspects of accountable care are indeed bearing fruit in the health system culture, though we could and should do so much more.
My own view would be to let Medicare-for-all (Basic Care) compete with private insurance. Private insurance would likely evolve to something akin to Medicare Advantage and leave the rest.
Want concierge care, extra care? pay up.
But all basic services, and most especially wellness services, through a single system, designed for efficiency, quality at a long term low net cost (to the taxpayer).