Under PPACA, 85% or more of most medical insurance premiums must consist of reimbursed medical care expenses.
If insurers reduce their costs by 10%, the savings are 1.5%. (10% x 15%)
If medical service providers reduce their costs by 10%, the savings are 8.5% (10% x 85%).
Well, then, 8.5% would be more, wouldn't it?
So why is Milady Sebelius and HHS paying so much attention to insurance costs?
Perhaps because we had to pass PPACA so that we could find out what is in it?
Or, maybe because Milady Sebelius doesn't understand the difference between health insurance and health care?
Or, maybe because she understands the difference full well, but is afraid of the doctors?
I suspect the latter.
My opinion: Milady Sebelius' blend of cost mismanagement and cowardice once again illustrates the oxymoronic nature of "political leadership".
So have yourself a merry little Christmas . . . now.
Sabtu, 25 Desember 2010
Langganan:
Posting Komentar (Atom)
Recent Posts
Popular Posts
-
When you rely on government your counting on someone without a vested concern for your health and well being to do what is right. Actually l...
-
According to HuffPo , "57% of Americans that lost jobs could not afford to buy health insurance". Well duh? They probably are hav...
-
So it appears that women "of a certain age" may well benefit from not one, but two shots of the good stuff: " A glass or two...
-
For those in the path of Hurricane/TS Sandy (and/or for those who may face other severe weather conditions) the Insurance Information Instit...
-
Caution: extreme wonkery ahead. Which is not to say that that there's extreme clarity ahead: after all, on what planet does this phrase...
-
Nina Kallen hosts this week's outstanding collection of risk-related posts , with a twist: she's nicknamed this edition "the...
-
■ First the bad news. From the Annals of the Much Vaunted National Health System© comes this alarming development: " Almost half of Bri...
-
HHS is spending $700 million of YOUR money to teach you something your parents did not. In an effort to save Obamacare the government is hop...
-
I've always subscribed to the conventional wisdom that emptying a full bladder as soon as (practically) possible was always the "wa...
-
Back in the day (2 months ago), I could get competitive quotes from several carriers using the application of just one. Apparently, the carr...
0 komentar:
Posting Komentar