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Old 07-30-2007, 11:26 AM   #221
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Originally Posted by Martha View Post
I would like to see this information. What I have read is that insurance companies vary widely on the amount of their premium income they return in claims. Maybe the high end is 85% and the low end around 60%, with a number falling around 80%. IIRC, Arnold's California proposal would limit overhead and profits to 15%.

Keep in mind that not only do we have insurance company admin costs and profits, we have administrative costs incurred by medical providers who have to deal with many different insurers with their differing rules. End result is that 30% of our health care dollar goes to administration.
NEJM -- Costs of Health Care Administration in the United States and Canada
Martha, I'll see what I can do to get the info DH has to you asap. He's a pretty busy guy, and I'm sure it'll be on his back burner, but I am just as eager as you to see what he's got.

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Old 07-30-2007, 11:29 AM   #222
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More Uninsured Means More Health Care Corporate Profits

Lets prairie dog this a little of the world showing which countries have universal health care, and a chart showing the breakdown of costs, coverages and results.

Bottom line, we're in good company with a lot of 3rd world countries who dont have universal health care, and we spend a lot more and get a lot less in results.
Attached Images
File Type: png universal health care map.png (51.1 KB, 14 views)
File Type: jpg health care chart.JPG (57.8 KB, 12 views)

Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
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Old 07-31-2007, 08:56 PM   #223
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How about we just lock this thread? The horse is dead.

Work? I don't have time to work....I'm retired.
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