Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
US Healthcare Expensive and Inefficient
Old 05-15-2007, 09:49 AM   #1
Recycles dryer sheets
tomz's Avatar
 
Join Date: Mar 2006
Posts: 251
US Healthcare Expensive and Inefficient

New study comparing health costs and outcomes

Quote:
"Americans get the poorest health care and yet pay the most compared to five other rich countries, according to a report released on Tuesday.

Germany, Britain, Australia and Canada all provide better care for less money, the Commonwealth Fund report found."
Sorry to keep bringing this up like a broken record, but it is what it is.

Then there's this regarding the Chrysler buyout:

Quote:
"By unwinding a nine-year-old merger between Chrysler and Daimler-Benz of Germany, Cerberus is also taking on Chrysler’s $18 billion obligation for health care and pensions for employees and retirees.

Any efforts to sharply reduce those perks — which Chrysler can afford but says represent a cost burden of $1,500 a vehicle — will probably put it at odds with the U.A.W."


__________________

__________________
tomz is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: US Healthcare Expensive and Inefficient
Old 05-15-2007, 10:43 AM   #2
Thinks s/he gets paid by the post
 
Join Date: Dec 2004
Posts: 1,798
Re: US Healthcare Expensive and Inefficient

Here we go again. :
__________________

__________________
You don't want to work. You want to live like a king, but the big bad world don't owe you a thing. Get over it--The Eagles
lets-retire is offline   Reply With Quote
Re: US Healthcare Expensive and Inefficient
Old 05-15-2007, 10:47 AM   #3
Moderator Emeritus
Rich_by_the_Bay's Avatar
 
Join Date: Feb 2006
Location: San Francisco
Posts: 8,827
Re: US Healthcare Expensive and Inefficient

Quote:
Originally Posted by lets-retire
Here we go again. :
Just a matter of time...

15...14...13...12...11...10...9...


__________________
Rich
San Francisco Area
ESR'd March 2010. FIRE'd January 2011.

As if you didn't know..If the above message contains medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any purpose. Consult your own doctor for all medical advice.
Rich_by_the_Bay is offline   Reply With Quote
Re: US Healthcare Expensive and Inefficient
Old 05-15-2007, 10:48 AM   #4
Thinks s/he gets paid by the post
MasterBlaster's Avatar
 
Join Date: Jun 2005
Posts: 4,359
Re: US Healthcare Expensive and Inefficient

So US healthcare is expensive and inefficient. Thanks for pointing that out to me otherwise I wouldn't have ever known. It's good that our government is looking after our interests and is willing to spend $800k to get to that conclusion.

Expensive and inefficient indeed !
__________________
MasterBlaster is offline   Reply With Quote
Re: US Healthcare Expensive and Inefficient
Old 05-15-2007, 11:00 AM   #5
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2003
Location: Kansas City
Posts: 7,408
Re: US Healthcare Expensive and Inefficient

Boy oh boy oh boy - you KNOW I have to leap into this one:

Deming: The Red Bead Experiment.

So there!

heh heh heh heh - and like the little kid in the ad says: Don't even mention Taguchi - or er something like that. Of course I went the first 12 years of ER without health insurance so don't listen to me - I'm radical.
__________________
unclemick is offline   Reply With Quote
Re: US Healthcare Expensive and Inefficient
Old 05-15-2007, 11:03 AM   #6
Recycles dryer sheets
tomz's Avatar
 
Join Date: Mar 2006
Posts: 251
Re: US Healthcare Expensive and Inefficient

Quote:
Originally Posted by Masterblaster
So US healthcare is expensive and inefficient. Thanks for pointing that out to me otherwise I wouldn't have ever known. It's good that our government is looking after our interests and is willing to spend $800k to get to that conclusion.

Expensive and inefficient indeed !
You're welcome.

What is the $800K you are referring to? This study was done by a private foundation.
__________________
tomz is offline   Reply With Quote
Re: US Healthcare Expensive and Inefficient
Old 05-15-2007, 11:16 AM   #7
Full time employment: Posting here.
 
Join Date: Dec 2006
Posts: 860
Re: US Healthcare Expensive and Inefficient

Here are a couple of quotes from the article:

“We focus primarily on measures that are sensitive to medical care making a difference — infant mortality and healthy lives at age 60,” Davis said. “Those are pretty key measures, like how long you live and whether you are going to die before age 75.”

- We discussed these statistics in great detail the other day - socioeconomic factors between
countries are largely ignored when comparing infant mortality and longevity statistics. Until
it can be found with 100% certainty that socioeconomics do not play a role in infant mortality
and longevity, then I don't think these stats should even be used to compare healthcare systems
between/among countries.

The article also states:

The area where the U.S. health care system performs best is preventive care, an area that has been monitored closely for over a decade by managed care plans,” the report reads.

and

“We include measures such as waiting more than four months for elective, non-emergency surgery. The United States doesn’t do as well as Germany but it does a lot better than the other countries on waiting time for surgery,” Davis said.

When comparing health system, I guess it all depends on what you value most. The Commonwealth admitted that the factors they value most are infant mortality rates and longetivity, neither of which have been proven with 100% certaintly as having a direct cause and effect relationship with the healthcare system. Remember....as all of you like to pound down the throat....coorelation does not prove causality. You have to remove the effects of socioeconomics and lifestyle choices from the equasion in order to get a better "apples to apples" comparison, and that would be almost impossible!
__________________
mykidslovedogs is offline   Reply With Quote
Re: US Healthcare Expensive and Inefficient
Old 05-15-2007, 11:19 AM   #8
Moderator Emeritus
Rich_by_the_Bay's Avatar
 
Join Date: Feb 2006
Location: San Francisco
Posts: 8,827
Re: US Healthcare Expensive and Inefficient

Lift off
__________________
Rich
San Francisco Area
ESR'd March 2010. FIRE'd January 2011.

As if you didn't know..If the above message contains medical content, it's NOT intended as advice, and may not be accurate, applicable or sufficient. Don't rely on it for any purpose. Consult your own doctor for all medical advice.
Rich_by_the_Bay is offline   Reply With Quote
Re: US Healthcare Expensive and Inefficient
Old 05-15-2007, 11:21 AM   #9
Thinks s/he gets paid by the post
 
Join Date: Dec 2004
Posts: 1,798
Re: US Healthcare Expensive and Inefficient

Quote:
Originally Posted by Rich_in_Tampa
Lift off
__________________
You don't want to work. You want to live like a king, but the big bad world don't owe you a thing. Get over it--The Eagles
lets-retire is offline   Reply With Quote
Re: US Healthcare Expensive and Inefficient
Old 05-15-2007, 11:22 AM   #10
Full time employment: Posting here.
 
Join Date: Dec 2006
Posts: 860
Re: US Healthcare Expensive and Inefficient

Quote:
Originally Posted by lets-retire
Ka-Boom!
__________________
mykidslovedogs is offline   Reply With Quote
Re: US Healthcare Expensive and Inefficient
Old 05-15-2007, 11:28 AM   #11
Recycles dryer sheets
tomz's Avatar
 
Join Date: Mar 2006
Posts: 251
Re: US Healthcare Expensive and Inefficient



I just like to stir the pot every once in a while.
__________________
tomz is offline   Reply With Quote
Re: US Healthcare Expensive and Inefficient
Old 05-15-2007, 11:50 AM   #12
Full time employment: Posting here.
 
Join Date: Jun 2006
Posts: 718
Re: US Healthcare Expensive and Inefficient

Quote:
Originally Posted by tomz


I just like to stir the pot every once in a while.

__________________
Mwsinron is offline   Reply With Quote
Re: US Healthcare Expensive and Inefficient
Old 05-15-2007, 02:44 PM   #13
Full time employment: Posting here.
 
Join Date: Jan 2004
Posts: 844
Re: US Healthcare Expensive and Inefficient

Quote:
Originally Posted by mykidslovedogs
When comparing health system, I guess it all depends on what you value most. The Commonwealth admitted that the factors they value most are infant mortality rates and longetivity, neither of which have been proven with 100% certaintly as having a direct cause and effect relationship with the healthcare system. Remember....as all of you like to pound down the throat....coorelation does not prove causality. You have to remove the effects of socioeconomics and lifestyle choices from the equasion in order to get a better "apples to apples" comparison, and that would be almost impossible!
I can't think of anything better to measure the overall success of a health care sytem than infant mortality and longevity. Do you have a better metric? or is it just that because the results don't support your view that you are against that particular metric?
__________________
farmerEd is offline   Reply With Quote
Re: US Healthcare Expensive and Inefficient
Old 05-15-2007, 02:59 PM   #14
Full time employment: Posting here.
 
Join Date: Dec 2006
Posts: 860
Re: US Healthcare Expensive and Inefficient

Quote:
Originally Posted by OldMcDonald
I can't think of anything better to measure the overall success of a health care sytem than infant mortality and longevity. Do you have a better metric? or is it just that because the results don't support your view that you are against that particular metric?
It's not that it's a bad metric, I just don't think it's a good metric to use to judge a healthcare system, because infant mortality and longevity rates are also heavily coorelated to socioeconomic issues such as level of education, teenage pregnancy rates, divorce rates, crime, alcohol and drug abuse, etc.. Due to the larger numbers of minority and poverty stricken groups we have in the USA as compared to other countries, we have to find a way to factor out the socio-economic influences on mortality rates before we try to make an apples to apples comparison, and I don't see that being done.

In the USA, we also tend to have much higher rates of obesity, which heavily influences longevity. Other countries don't seem to be in as much of a bind with obesity problems as we do. You can't blame obesity on the healthcare system, so until you can factor out lifestyle choices, I don't think you can make an apples to apples comparison on longevity with other countries and fairly say that our higher numbers are soley due to the failing healthcare system here. I've read before that approximately 50% of our healthcare spending can be attributed to complications stemming from obesity, smoking, alcohol and drug abuse. You simply have to factor out that data in order to make a good apples to apples comparison of mortality rates with other countries.
__________________
mykidslovedogs is offline   Reply With Quote
Re: US Healthcare Expensive and Inefficient
Old 05-15-2007, 03:38 PM   #15
Full time employment: Posting here.
 
Join Date: Jan 2004
Posts: 844
Re: US Healthcare Expensive and Inefficient

SO the answer than is NO...you have no better way of measuring the success or failure of the healthcare system....and yet you think the US has the best health care system around?

If you have no idea how to measure if something is better or worse, how can you repeatedly claim we have the best there is?

__________________
farmerEd is offline   Reply With Quote
Re: US Healthcare Expensive and Inefficient
Old 05-15-2007, 04:17 PM   #16
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jul 2003
Location: Kansas City
Posts: 7,408
Re: US Healthcare Expensive and Inefficient

'Soylent Green is people. You've got to tell everyone. Soylent Green is made from people.' Charlton Heston got all the good lines.

heh heh heh - Louisiana I had 0 health insurance. 10k deductible BCBS in Kansas. If necessary for the tail to wag the dog - a valid Passport and Thailand. You gotta love the the Bear - 'Agile, Mobile, and Hosile.' Who me stir the pot?
__________________
unclemick is offline   Reply With Quote
Re: US Healthcare Expensive and Inefficient
Old 05-15-2007, 04:39 PM   #17
Full time employment: Posting here.
 
Join Date: Dec 2006
Posts: 860
Re: US Healthcare Expensive and Inefficient

Quote:
Originally Posted by OldMcDonald
SO the answer than is NO...you have no better way of measuring the success or failure of the healthcare system....and yet you think the US has the best health care system around?

If you have no idea how to measure if something is better or worse, how can you repeatedly claim we have the best there is?

Actually, I have never said our healthcare system is perfect. In fact, I have many times made suggestions on how it might be improved.

I think for a healthcare system to be the "best", it has to serve the largest number of people, with the best possible quality of service, readily available, at the fairest possible price. IMO, capitalistic solutions are the better way to get there. That's just my opinion.

Yes, we have a LOT of uninsured people, but remember, too, that approx 1/3 are uninsured by CHOICE (can afford and qualify for it, but choose not to buy it), and another 1/3 would qualify for child programs or Medicaid, yet they have not been signed up for it yet. That leaves about 15 million people uninsured against their will. Still, a HUGE number of those folks are only temporarily uninsured (in-between jobs, etc.) I would be very curious to see how that total stacks up against people in nationalized systems that are on a waiting list against their will. Once I see those statistics, then I'll be able to make a better decision as to which system is the Best

Again, IMO, I just think if you nationalize the whole thing you will eventually (not immediately) alienate a larger number of people than our current system does. Yes, our current system rations against some people by price, but IMO, worse, is a system that in the long run ends up having to ration care to everyone because of limited resources. IMO, inefficient is a system, that gives services to people in order of seniority instead of giving services to the people who most desire or need the service first. For example, Betty and Fred might both be in need of a knee surgery. Fred signs up for it first, but he would really rather put it off, if it weren't for the waiting list. He'd like to wait a couple of weeks, but since he knows he'll be waiting at least 20 weeks if he doesn't get on the list now, he signs up anyway. Meanwhile, Betty is in a lot of pain, and would really like to have the knee surgery and she is willing to pay more to get it done now, but she must wait 20 months before she can have it because of the waiting list. To me, THAT's the definition of inefficiency.

I really fear that the USA would not be apt to handle rationing of care very well, as we are extremely spoiled and used to being able to have what we want or need at our own convenience. Services in the USA are very readily availabe (particularly in the high-tech arena). Much of that freedom of choice goes away in a socialized model.

__________________
mykidslovedogs is offline   Reply With Quote
Re: US Healthcare Expensive and Inefficient
Old 05-15-2007, 04:53 PM   #18
Recycles dryer sheets
 
Join Date: Dec 2005
Location: San Diego
Posts: 468
Re: US Healthcare Expensive and Inefficient

OK, just for fun, wouldn't the free market system itself be a source of the socioeconomic disadvantages many of our citizens face? All of these conversations seem to lead to "socioeconomic" differences as the problem rather than the healthcare system we have.

Please read that question carefully. It is not an argument for dismantling free market systems.
__________________
califdreamer is offline   Reply With Quote
Re: US Healthcare Expensive and Inefficient
Old 05-15-2007, 04:54 PM   #19
Full time employment: Posting here.
 
Join Date: Dec 2006
Posts: 860
Re: US Healthcare Expensive and Inefficient

Quote:
Originally Posted by califdreamer
OK, just for fun, wouldn't the free market system itself be a source of the socioeconomic disadvantages many of our citizens face? All of these conversations seem to lead to "socioeconomic" differences as the problem rather than the healthcare system we have.

Please read that question carefully. It is not an argument for dismantling free market systems.
You bet it would, but nationalizing healthcare isn't necessarily going to have any affect on fixing that part of the equasion.
__________________
mykidslovedogs is offline   Reply With Quote
Re: US Healthcare Expensive and Inefficient
Old 05-15-2007, 05:09 PM   #20
Recycles dryer sheets
 
Join Date: May 2007
Posts: 137
Re: US Healthcare Expensive and Inefficient

I will comment on the German health care system before this post gets locked. It is a form of National Health Care. There are a number of insurance companies that you can choose from that offer it. If you make over 3,800 Euros a month or are self employed you can opt out of the National Health Care and buy private insurance. Health insurance is required of everyone living in Germany for 6 months or more. The insurance even covers a stay at a health spa. That may change in the future. For employed people the cost is 13% of your gross salary. The employer pays half and the employees pay the other half. When an employee is off sick their pay comes from the health insurance plan so this saves the employer some money. Less than 1% of people living in Germany don’t have health insurance. The health insurance program is also subsidized by other taxes like the value added tax (sales tax).

How good or bad is it? I studied in Germany for a year my wife (she is a German national) and we were covered by the national insurance plan. We did not ever have to worry about health insurance. Our first child was borne in Germany. Our second was borne in the US. The care was the same in both countries. The only difference was in Germany the minimum stay after birth is 7 days the stay in the US was 2 or 3 days.

About 6 years ago we were visiting a cousin in Germany and her husband had came down with the flu. He called his doctor and told her what was going on. She said as he never gets sick she would come out to see him. She was at his home in about 2 hours. Now that is not a bad wait. Try to get a US doctor to come to your home. One of the reasons the doctor did this is she did not want him in the office infecting other people.

We were in Germany last year and the subject of health insurance never comes up because they do not have to worry about it. The only person who complained was one of our relatives that choose the private health care system and wished she had stayed with the National Health Care system.

This and other true stories will never change the minds of people who profit off of the US health care system. Those who have insurance through their employer also are for the most part happy with the system. But they are only the loss of a job away form being without health care insurance.
__________________

__________________
Freein05 is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


 

 
All times are GMT -6. The time now is 09:57 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.