Each part of the healthcare industry contributes to what is a giant monopoly scam: the pharmaceutical companies, medical equipment manufacturers, drug wholesalers, drug stores, group purchasing organizations, health insurance companies, doctors, clinics and hospitals, and even what should be impartial university research. . . But it is worse than that. All the monopolists (in official parlance, oligopolies) are in turn owned by the same set of investors in what is called horizontal shareholding. The same some 15-20. investors have the controlling stake in all the leading companies of the entire pharma and healthcare industry. . . Two of the investors, BlackRock and Vanguard, are the biggest owners in almost every single one of the leading companies.
There is no health care in U.S. for the serfs, just a cash cow system. Love to know the health plan for U.S. Congress
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Actually they had better health coverage (standard federal employee coverage) before the passage of Obamacare. They’re now required to purchase health care coverage through the health exchanges and pay approximately 28% of the premiums themselves: https://fas.org/sgp/crs/misc/R43194.pdf
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Thank you. Let’s see what happens next with the Obama care mandate being removed.
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I guess that all depends on how long it takes the US economy to collapse.
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Not much longer God willing. It’s the only thing that will get the public to do anything.
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https://khn.org/news/medical-bill-of-the-month-head-cold-throat-swab-dna-tests-insurer-coughed-up-25k/
$28, 000 throat swab for strep.
How long before this ladies health insurance rates become unaffordable. How long before corporate and government agencies start strictly enforcing pre-existing condition clauses so that most people cannot get past the front dooe of a hospital again or even get a job. Half od the homeless are there from medical debt and it is getting worse. Obamacare is a joke. Trump is totally privatising medicare and medicaid now. It has always been such a joke, that providers cannot afford to run their practices. Most kid’s will not be able to get medical treatment soon.
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That’s actually a good thing. It might make the cowardly, corporate ass-sucking American public mad enough to admit their oh, so exceptional land of the free and home of the brave isn’t quite what the popular belief says it is. Maybe, just maybe, they’ll get some gumption and start fighting back, not at innocent “immigrants” or “blacks” or “muslims” or “Hispanics” or “non-Christians” but at their real enemy: their corporations, their governments, their injustice systems, their racist policies, their white supremacist agendas, their fake nationalism, that being quite a hilarious claim for a people who are incapable of giving their “country” something as basic as a name.
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I agree, Sha’Tara. The middle class has been way too comfortable over the few decades and have successfully blocked any meaningful social justice reform for the less privileges. Up until recently most of the middle class opposed single payer health care because they had great health insurance and were afraid of losing it.
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Quote: “Up until recently most of the middle class opposed single payer health care because they had great health insurance and were afraid of using it.”
I can’t figure that one out, Stuart… “afraid of using it”? Did you mean “losing it”?
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Thank Sha’Tara. Senior moment. Yes, I meant “losing it.”
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This is astounding but confirms with facts what I have known to be a true characterization of why the US health scare/snare racket functions like the blood-thirsty vampire it is. So far, the public seems to have cast blame on the “greedy doctors,” but articles like this show how doctors are often unwitting pawns who are caught in the middle and take hits from all sides if anything goes wrong.
Bottom line is the people (and the organizations they hide behind) calling the shots have no personal, professional, or moral stake in the game, yet they profit financially from even the worst disasters.
Also, I like the characterization of the US government as enabler, because I believe the lawyers in the government practicing medicine have a lot to learn about boundaries.
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Excellent point, Katherine, the bean counters in government and at the insurance companies have turned medicine into a kind of assembly line where doctors have less and less control over clinical decisions.
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Great tips!! Trump is totally privatising medicare and medicaid now. It has always been such a joke, that providers cannot afford to run their practices.
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It baffles me, Robert, that any private insurance company would want to cover Medicare and Medicaid clients. In the mid-nineties, Washington State tried to hand over the women and children on AFDC Medicaid to private insurance companies. The insurance companies tried it for 6 months and handed the patients back to the state. They discovered that a lot of women end up on AFDC (now called SNAP) because they have chronic hard core medical problems. Like many of their doctors, insurance companies were caring for them at a loss because reimbursements were so low.
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