Join Early Retirement Today
Closed Thread
Thread Tools Search this Thread Display Modes
Old 07-30-2007, 11:26 AM   #221
Full time employment: Posting here.
Join Date: Dec 2006
Posts: 860
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.
mykidslovedogs is offline  
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 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!

Old 07-30-2007, 11:29 AM   #222
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
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.
cute fuzzy bunny is offline  
Old 07-31-2007, 08:56 PM   #223
Moderator Emeritus
SteveR's Avatar
Join Date: Jul 2005
Posts: 2,811
How about we just lock this thread? The horse is dead.
Work? I don't have time to work....I'm retired.
SteveR is offline  
Closed Thread

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

» Quick Links

All times are GMT -6. The time now is 09:20 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2021, vBulletin Solutions, Inc.