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Good (Long) Read on Health Care Costs

Posted: Thu Feb 21, 2013 1:23 pm
by GannonFan
I thought this article from TIME was a pretty decent, albeit lengthy, read on why US Health Care Costs are so astronomically high. The author is very convinced that a single payer, Medicare-for-all approach is the way to go, which I don't think is perfect and there are ways to do the same thing but not entirely on the government's dime, but it is an option.

Good things to take away from article:
- Compares increasing heath care spending with same rush to increase higher education spending. However, at least people have an idea of what higher education costs and what it should cost - health care spending seems to be entirely black box to consumers, hence the proclivity for run-away costs.
- Medicare has it's own flaws in that it insulates people, especially old people, from the true costs since they pay little despite using the healthcare system tremendously more than anyone else. This results in going to the doctor for any and everything and expecting to get whatever it is they want (drug, test, etc).
- The author is pretty limited when it comes to solutions other than "Medicare for all". His suggestion that we just pick a profit margin that anyone can make for coming up with a wonder-drug, for example, just assumes that wonder drugs will always be available and that new ones will always keep coming no matter if cap what people can make from them.
- The other thing I take away is that we've done practically nothing to address this. Even after spending his most important year in office, Obama barely scratched the surface of the issue and is nowhere near the issue of how to control costs. And even when we control the costs, we're going to have to live with what will be significant employment drop-offs in all the professions associated with this bloated whale of healthcare. We can talk about Defense spending and other spending, and we should, but those are peanuts compared with health care.

http://healthland.time.com/2013/02/20/b ... illing-us/

Re: Good (Long) Read on Health Care Costs

Posted: Thu Feb 21, 2013 1:37 pm
by Pwns
So basically, the crux of the issue is that Americans just don't have enough choices and there's no competition. I can agree with that.

So what's with the call for a single-payer system? That seems like using a chain saw to attempt remove an inflamed appendix.

Re: Good (Long) Read on Health Care Costs

Posted: Thu Feb 21, 2013 2:20 pm
by ∞∞∞
Ones of the best journalistic pieces I've read in a while.

Re: Good (Long) Read on Health Care Costs

Posted: Thu Feb 21, 2013 2:39 pm
by bluehenbillk
The thing we can all agree on is the biggest issue surrounding health care is the costs. Obamacare, for the tiny bit of good it did, did nothing to grab the reigns on health care costs, in fact definitely for the short-term it had the opposite effect & has driven up the cost of health care for everyone who already had it.

Re: Good (Long) Read on Health Care Costs

Posted: Thu Feb 21, 2013 3:32 pm
by Ibanez
∞∞∞ wrote:Ones of the best journalistic pieces I've read in a while.
:thumb: I read this article earlier. It really is incredible that we bitch and moan about this when we live in a capitalist society. We're shocked that someone has taken health care and instead of it being a non profit service to the public, it's turned into a business. Between inflation, price gouging and us insurance holders subsidizing those that don't pay their bills, it's gotten out of control. I wish I knew what the solution was.

Re: Good (Long) Read on Health Care Costs

Posted: Thu Feb 21, 2013 4:05 pm
by ∞∞∞
Ibanez wrote:
∞∞∞ wrote:Ones of the best journalistic pieces I've read in a while.
:thumb: I read this article earlier. It really is incredible that we bitch and moan about this when we live in a capitalist society. We're shocked that someone has taken health care and instead of it being a non profit service to the public, it's turned into a business. Between inflation, price gouging and us insurance holders subsidizing those that don't pay their bills, it's gotten out of control. I wish I knew what the solution was.
Most nations that have succeeded in socializing healthcare have done so because money isn't their number one priority. In their culture, the citizens actually want to help each other and are willing to pay the price. I think the US is going to fail because in general, we value the dollar more than the citizen we don't know. I'm not saying that's a bad thing because it reflects on our diverse mindset as a nation, but those different values will make it tough for socialized medicine to succeed because in the end, we actually need to care about the people instead of the money. However, removing the connection to the dollar is a very tough thing to do in the US culture, for any idea (and again, I'm not trying to imply that's a bad thing...I'm simply commenting).

Re: Good (Long) Read on Health Care Costs

Posted: Thu Feb 21, 2013 4:55 pm
by Ibanez
∞∞∞ wrote:
Ibanez wrote: :thumb: I read this article earlier. It really is incredible that we bitch and moan about this when we live in a capitalist society. We're shocked that someone has taken health care and instead of it being a non profit service to the public, it's turned into a business. Between inflation, price gouging and us insurance holders subsidizing those that don't pay their bills, it's gotten out of control. I wish I knew what the solution was.
Most nations that have succeeded in socializing healthcare have done so because money isn't their number one priority. In their culture, the citizens actually want to help each other and are willing to pay the price. I think the US is going to fail because in general, we value the dollar more than the citizen we don't know. I'm not saying that's a bad thing because it reflects on our diverse mindset as a nation, but those different values will make it tough for socialized medicine to succeed because in the end, we actually need to care about the people instead of the money. However, removing the connection to the dollar is a very tough thing to do in the US culture, for any idea (and again, I'm not trying to imply that's a bad thing...I'm simply commenting).
There's a documentary out there, I forget who did it, where the health care systems of about 7 different countries are reviewed for the good bad. Taiwan, Germany and Sweden ( I think) had the best.

Re: Good (Long) Read on Health Care Costs

Posted: Thu Feb 21, 2013 6:09 pm
by Col Hogan
Most teachers go into teaching knowing they won't get rich...they want to serve...

Most people that go into medicine also want to serve...but they expect to make loads of money...

A broad brush, I know...but if we could somehow lower the expectations in medicine, maybe by somehow lowering their entry costs, then maybe we could get those costs under control...

And how about tort reform...

Re: Good (Long) Read on Health Care Costs

Posted: Thu Feb 21, 2013 8:30 pm
by houndawg
It seems blindingly obvious that one's health will take a back seat to an insurance companies profits every time.

Re: Good (Long) Read on Health Care Costs

Posted: Fri Feb 22, 2013 4:40 am
by CAA Flagship
Col Hogan wrote: A broad brush, I know...but if we could somehow lower the expectations in medicine, maybe by somehow lowering their entry costs, then maybe we could get those costs under control...
The solution is simple. Make doctors, and insurance companies, compete for business.
Currently, we schedule an appointment, pay a copay, and wait to get the bill which is the remainder of what the insurance company would not pay. The patient (consumer) has absolutely no control of the matter and has no idea what the cost might be before heading to the doctor's office.
We should require doctors to provide a menu of prices for the services they provide. In addition, we should require insurance companies to provide a similar list. Then we can make our choices.
Has anyone ever shopped around? I'll bet very few do. Yeah, I know. Easier said than done, but it's a reasonable goal that would certainly have real results as it does in every other industry.

Re: Good (Long) Read on Health Care Costs

Posted: Fri Feb 22, 2013 6:53 am
by Baldy
∞∞∞ wrote:
Ibanez wrote: :thumb: I read this article earlier. It really is incredible that we bitch and moan about this when we live in a capitalist society. We're shocked that someone has taken health care and instead of it being a non profit service to the public, it's turned into a business. Between inflation, price gouging and us insurance holders subsidizing those that don't pay their bills, it's gotten out of control. I wish I knew what the solution was.
Most nations that have succeeded in socializing healthcare have done so because money isn't their number one priority. In their culture, the citizens actually want to help each other and are willing to pay the price. I think the US is going to fail because in general, we value the dollar more than the citizen we don't know. I'm not saying that's a bad thing because it reflects on our diverse mindset as a nation, but those different values will make it tough for socialized medicine to succeed because in the end, we actually need to care about the people instead of the money. However, removing the connection to the dollar is a very tough thing to do in the US culture, for any idea (and again, I'm not trying to imply that's a bad thing...I'm simply commenting).
I don't know about that, Trip...

The US is the most benevolent, charitable nation in the world.
The problem with socialized medicine isn't that we don't want to help our fellow man, it's that we don't want to give up even MORE freedom to an overly bloated, overly aggressive, and immensely dysfunctional federal government. We like private health care because it's more efficient and gives us more choices (although too limited) than a one-size-fits-all cookie cutter single-payer system.

Queue kalm in 3...2...1. :lol:

Re: Good (Long) Read on Health Care Costs

Posted: Fri Feb 22, 2013 7:39 am
by kalm
Baldy wrote:
∞∞∞ wrote: Most nations that have succeeded in socializing healthcare have done so because money isn't their number one priority. In their culture, the citizens actually want to help each other and are willing to pay the price. I think the US is going to fail because in general, we value the dollar more than the citizen we don't know. I'm not saying that's a bad thing because it reflects on our diverse mindset as a nation, but those different values will make it tough for socialized medicine to succeed because in the end, we actually need to care about the people instead of the money. However, removing the connection to the dollar is a very tough thing to do in the US culture, for any idea (and again, I'm not trying to imply that's a bad thing...I'm simply commenting).
I don't know about that, Trip...

The US is the most benevolent, charitable nation in the world.
The problem with socialized medicine isn't that we don't want to help our fellow man, it's that we don't want to give up even MORE freedom to an overly bloated, overly aggressive, and immensely dysfunctional federal government. We like private health care because it's more efficient and gives us more choices (although too limited) than a one-size-fits-all cookie cutter single-payer system.

Queue kalm in 3...2...1. :lol:
You should try reading this article. :lol:
The first of the 344 lines printed out across eight pages of his hospital bill — filled with indecipherable numerical codes and acronyms — seemed innocuous. But it set the tone for all that followed.
Yeah, cause the current system ain't "overly bloated, overly aggressive, and immensely dysfunctional"
The hospital’s hard-nosed approach pays off. Although it is officially a nonprofit unit of the University of Texas, MD Anderson has revenue that exceeds the cost of the world-class care it provides by so much that its operating profit for the fiscal year 2010, the most recent annual report it filed with the U.S. Department of Health and Human Services, was $531 million. That’s a profit margin of 26% on revenue of $2.05 billion, an astounding result for such a service-intensive enterprise.1..

The result is a uniquely American gold rush for those who provide everything from wonder drugs to canes to high-tech implants to CT scans to hospital bill-coding and collection services. In hundreds of small and midsize cities across the country — from Stamford, Conn., to Marlton, N.J., to Oklahoma City — the American health care market has transformed tax-exempt “nonprofit” hospitals into the towns’ most profitable businesses and largest employers, often presided over by the regions’ most richly compensated executives. And in our largest cities, the system offers lavish paychecks even to midlevel hospital managers, like the 14 administrators at New York City’s Memorial Sloan-Kettering Cancer Center who are paid over $500,000 a year, including six who make over $1 million.

Taken as a whole, these powerful institutions and the bills they churn out dominate the nation’s economy and put demands on taxpayers to a degree unequaled anywhere else on earth. In the U.S., people spend almost 20% of the gross domestic product on health care, compared with about half that in most developed countries. Yet in every measurable way, the results our health care system produces are no better and often worse than the outcomes in those countries.
Nope, not bloated at all. :rofl: :ohno:

(and these quotes were just from the first page. Great read but loooooong. Probably too long for knuckle dragging conks. Better sit this one out fellas)

Re: Good (Long) Read on Health Care Costs

Posted: Fri Feb 22, 2013 7:52 am
by houndawg
Tired of the punking being laid on him with style by a real conservative, Baldy and the tattered remains of his credibility retreat to higher ground where he immediately begains waving a copy of Atlas Shrugged and barking neo con political slogans... :rofl:


The simple fact is that insurance companies derive their profit from not paying claims. The customer's health is a distant third on their priority list.

Re: Good (Long) Read on Health Care Costs

Posted: Fri Feb 22, 2013 7:56 am
by GannonFan
CAA Flagship wrote:
Col Hogan wrote: A broad brush, I know...but if we could somehow lower the expectations in medicine, maybe by somehow lowering their entry costs, then maybe we could get those costs under control...
The solution is simple. Make doctors, and insurance companies, compete for business.
Currently, we schedule an appointment, pay a copay, and wait to get the bill which is the remainder of what the insurance company would not pay. The patient (consumer) has absolutely no control of the matter and has no idea what the cost might be before heading to the doctor's office.
We should require doctors to provide a menu of prices for the services they provide. In addition, we should require insurance companies to provide a similar list. Then we can make our choices.
Has anyone ever shopped around? I'll bet very few do. Yeah, I know. Easier said than done, but it's a reasonable goal that would certainly have real results as it does in every other industry.
I like the general idea in this - the transparancy of the costs and making sure the customer knows what things cost and how the insurance companies all compare. I don't think a single payer is necessarily the only way to go, and in many ways the single payer can be inefficient and subject to political pressures, but there's no reason why we couldn't come up with a system where insurance companies and hospitals are required to show how they deviate from, for example, the Medicare rates for comparison. Once people have to justify why something should cost more at their hospital then the better the consumer will be able to determine if they want to pay for that premium. Some places are worth it and will continue to earn handsome profits, and other places will be exposed as free-riders catching a ride on the profit coattails of the industry. But at the core is the idea that customers need to have an option of seeing what people are charging for things ahead of time.

Re: Good (Long) Read on Health Care Costs

Posted: Fri Feb 22, 2013 7:58 am
by GannonFan
houndawg wrote:Tired of the punking being laid on him with style by a real conservative, Baldy and the tattered remains of his credibility retreat to higher ground where he immediately begains waving a copy of Atlas Shrugged and barking neo con political slogans... :rofl:


The simple fact is that insurance companies derive their profit from not paying claims. The customer's health is a distant third on their priority list.
That's not the simple fact though. Insurance companies make plenty of profit by charging premiums and then cashing in when the people paying the premiums don't get sick and don't need to use the insurance. My car insurance company has made a fortune on me for 20 years because I pay my premiums every year and haven't had a claim submitted in that time. That's almost pure profit for them.

Re: Good (Long) Read on Health Care Costs

Posted: Fri Feb 22, 2013 8:01 am
by houndawg
GannonFan wrote:
CAA Flagship wrote: The solution is simple. Make doctors, and insurance companies, compete for business.
Currently, we schedule an appointment, pay a copay, and wait to get the bill which is the remainder of what the insurance company would not pay. The patient (consumer) has absolutely no control of the matter and has no idea what the cost might be before heading to the doctor's office.
We should require doctors to provide a menu of prices for the services they provide. In addition, we should require insurance companies to provide a similar list. Then we can make our choices.
Has anyone ever shopped around? I'll bet very few do. Yeah, I know. Easier said than done, but it's a reasonable goal that would certainly have real results as it does in every other industry.
I like the general idea in this - the transparancy of the costs and making sure the customer knows what things cost and how the insurance companies all compare. I don't think a single payer is necessarily the only way to go, and in many ways the single payer can be inefficient and subject to political pressures, but there's no reason why we couldn't come up with a system where insurance companies and hospitals are required to show how they deviate from, for example, the Medicare rates for comparison. Once people have to justify why something should cost more at their hospital then the better the consumer will be able to determine if they want to pay for that premium. Some places are worth it and will continue to earn handsome profits, and other places will be exposed as free-riders catching a ride on the profit coattails of the industry. But at the core is the idea that customers need to have an option of seeing what people are charging for things ahead of time.
This might work OK in areas where there is competition, maybe not so much in rural areas.

Re: Good (Long) Read on Health Care Costs

Posted: Fri Feb 22, 2013 8:12 am
by GannonFan
houndawg wrote:
GannonFan wrote:
I like the general idea in this - the transparancy of the costs and making sure the customer knows what things cost and how the insurance companies all compare. I don't think a single payer is necessarily the only way to go, and in many ways the single payer can be inefficient and subject to political pressures, but there's no reason why we couldn't come up with a system where insurance companies and hospitals are required to show how they deviate from, for example, the Medicare rates for comparison. Once people have to justify why something should cost more at their hospital then the better the consumer will be able to determine if they want to pay for that premium. Some places are worth it and will continue to earn handsome profits, and other places will be exposed as free-riders catching a ride on the profit coattails of the industry. But at the core is the idea that customers need to have an option of seeing what people are charging for things ahead of time.
This might work OK in areas where there is competition, maybe not so much in rural areas.
And that can be handled by establishing a single payer system in areas where this isn't enough competition to go with a broader approach. The key, though, is to avoid the pitfalls of Medicare that we have now, and that the article alludes to - excessive overuse, isolation from any price pressure (extremely low copays for instance), and the great interference of political lobbying and tinkering that aims to curry favor in the ballot box or political coffers.

One interesting idea that could be used to stop the excessive overuse of medical services by the elderly (the article refers to the weekly and many times daily doctor visits many old people make) could be to have a nurse or other care giver act as a call operator and contact these people each day. The elderly, understandably, can be more sensitive about potential medical issues, and today you have them swarm to doctors offices or even ER's and hospitals when they think something is amiss. Especially those with other health issues already. But what they're often looking for is reassurance that someone is listening and ready to take action if there is a problem. If you have a nurse either call or even stop by, in some cases, that would have to be infinitely better than seeing these people in offices or hospitals.

Re: Good (Long) Read on Health Care Costs

Posted: Fri Feb 22, 2013 8:16 am
by houndawg
GannonFan wrote:
houndawg wrote:
This might work OK in areas where there is competition, maybe not so much in rural areas.
And that can be handled by establishing a single payer system in areas where this isn't enough competition to go with a broader approach. The key, though, is to avoid the pitfalls of Medicare that we have now, and that the article alludes to - excessive overuse, isolation from any price pressure (extremely low copays for instance), and the great interference of political lobbying and tinkering that aims to curry favor in the ballot box or political coffers.

One interesting idea that could be used to stop the excessive overuse of medical services by the elderly (the article refers to the weekly and many times daily doctor visits many old people make) could be to have a nurse or other care giver act as a call operator and contact these people each day. The elderly, understandably, can be more sensitive about potential medical issues, and today you have them swarm to doctors offices or even ER's and hospitals when they think something is amiss. Especially those with other health issues already. But what they're often looking for is reassurance that someone is listening and ready to take action if there is a problem. If you have a nurse either call or even stop by, in some cases, that would have to be infinitely better than seeing these people in offices or hospitals.
Worth investigating for sure.

Re: Good (Long) Read on Health Care Costs

Posted: Fri Feb 22, 2013 4:15 pm
by BDKJMU
GannonFan wrote:
CAA Flagship wrote: The solution is simple. Make doctors, and insurance companies, compete for business.
Currently, we schedule an appointment, pay a copay, and wait to get the bill which is the remainder of what the insurance company would not pay. The patient (consumer) has absolutely no control of the matter and has no idea what the cost might be before heading to the doctor's office.
We should require doctors to provide a menu of prices for the services they provide. In addition, we should require insurance companies to provide a similar list. Then we can make our choices.
Has anyone ever shopped around? I'll bet very few do. Yeah, I know. Easier said than done, but it's a reasonable goal that would certainly have real results as it does in every other industry.
I like the general idea in this - the transparancy of the costs and making sure the customer knows what things cost and how the insurance companies all compare. I don't think a single payer is necessarily the only way to go, and in many ways the single payer can be inefficient and subject to political pressures, but there's no reason why we couldn't come up with a system where insurance companies and hospitals are required to show how they deviate from, for example, the Medicare rates for comparison. Once people have to justify why something should cost more at their hospital then the better the consumer will be able to determine if they want to pay for that premium. Some places are worth it and will continue to earn handsome profits, and other places will be exposed as free-riders catching a ride on the profit coattails of the industry. But at the core is the idea that customers need to have an option of seeing what people are charging for things ahead of time.
Yep, Flagship has a good idea. When you go get your vehicle worked on at the auto repair place, prices are posted, or you're at least given a a quote in advance. People go into the docs office and have no f'ing idea how much something costs. And why should they if someone else is paying for it....

We need total price transparency...

Re: Good (Long) Read on Health Care Costs

Posted: Fri Feb 22, 2013 9:27 pm
by YoUDeeMan
Prices should be advertised, but that won't help people who need immediate medical service...they are just going to have to pay whatever the rate is. OR, they can go in without any identification, speak Spanish, and get treated for free.

Congress should change the definition of "non-profit". Seriously, hospitals make ridiculous money and pay their CEO's multiple millions...and the Church makes gobs of money...yet those institutions enjoy tax free status. :ohno:

And don't give me the "charity angle". The article tosses that weak sauce down the toilet.

Re: Good (Long) Read on Health Care Costs

Posted: Sun Feb 24, 2013 7:37 am
by kalm
Cluck U wrote:Prices should be advertised, but that won't help people who need immediate medical service...they are just going to have to pay whatever the rate is. OR, they can go in without any identification, speak Spanish, and get treated for free.

Congress should change the definition of "non-profit". Seriously, hospitals make ridiculous money and pay their CEO's multiple millions...and the Church makes gobs of money...yet those institutions enjoy tax free status. :ohno:

And don't give me the "charity angle". The article tosses that weak sauce down the toilet.
They're mostly arms of a church which is tax exempt. Why do you hate charity? :mrgreen:

Re: Good (Long) Read on Health Care Costs

Posted: Sun Feb 24, 2013 7:44 am
by kalm
GannonFan wrote:
houndawg wrote:
This might work OK in areas where there is competition, maybe not so much in rural areas.
And that can be handled by establishing a single payer system in areas where this isn't enough competition to go with a broader approach. The key, though, is to avoid the pitfalls of Medicare that we have now, and that the article alludes to - excessive overuse, isolation from any price pressure (extremely low copays for instance), and the great interference of political lobbying and tinkering that aims to curry favor in the ballot box or political coffers.

One interesting idea that could be used to stop the excessive overuse of medical services by the elderly (the article refers to the weekly and many times daily doctor visits many old people make) could be to have a nurse or other care giver act as a call operator and contact these people each day. The elderly, understandably, can be more sensitive about potential medical issues, and today you have them swarm to doctors offices or even ER's and hospitals when they think something is amiss. Especially those with other health issues already. But what they're often looking for is reassurance that someone is listening and ready to take action if there is a problem. If you have a nurse either call or even stop by, in some cases, that would have to be infinitely better than seeing these people in offices or hospitals.
Great point Ganny, and it's already being done by some providers.

I have a pharmacist friend who helps with a coumadin clinic at GroupHealth Co-Op and spends a good part of her time calling elderly people who not only have concerns regarding that particular drug but have issues with simply taking all of their meds correctly. And you're absolutely correct, much of the time they just need a reassuring voice. GroupHealth is very innovative in its practices and has learned that initiatives such as this increase efficiency and sometime actually cut costs as you suggest.

BTW, GroupHealth is a non-profit where the CEO makes something around $500,000. :nod:

Re: Good (Long) Read on Health Care Costs

Posted: Mon Feb 25, 2013 7:04 am
by Baldy
kalm wrote: You should try reading this article. :lol:
The first of the 344 lines printed out across eight pages of his hospital bill — filled with indecipherable numerical codes and acronyms — seemed innocuous. But it set the tone for all that followed.
That is the ICD-9 or ICD-10 coding system.

Something that is...wait for it...mandated, required, and regulated by the government.
kalm wrote:Yeah, cause the current system ain't "overly bloated, overly aggressive, and immensely dysfunctional"
The hospital’s hard-nosed approach pays off. Although it is officially a nonprofit unit of the University of Texas, MD Anderson has revenue that exceeds the cost of the world-class care it provides by so much that its operating profit for the fiscal year 2010, the most recent annual report it filed with the U.S. Department of Health and Human Services, was $531 million. That’s a profit margin of 26% on revenue of $2.05 billion, an astounding result for such a service-intensive enterprise.1..

The result is a uniquely American gold rush for those who provide everything from wonder drugs to canes to high-tech implants to CT scans to hospital bill-coding and collection services. In hundreds of small and midsize cities across the country — from Stamford, Conn., to Marlton, N.J., to Oklahoma City — the American health care market has transformed tax-exempt “nonprofit” hospitals into the towns’ most profitable businesses and largest employers, often presided over by the regions’ most richly compensated executives. And in our largest cities, the system offers lavish paychecks even to midlevel hospital managers, like the 14 administrators at New York City’s Memorial Sloan-Kettering Cancer Center who are paid over $500,000 a year, including six who make over $1 million.

Taken as a whole, these powerful institutions and the bills they churn out dominate the nation’s economy and put demands on taxpayers to a degree unequaled anywhere else on earth. In the U.S., people spend almost 20% of the gross domestic product on health care, compared with about half that in most developed countries. Yet in every measurable way, the results our health care system produces are no better and often worse than the outcomes in those countries.
Nope, not bloated at all. :rofl: :ohno:

(and these quotes were just from the first page. Great read but loooooong. Probably too long for knuckle dragging conks. Better sit this one out fellas)
As someone who used to audit dozens of the major health insurance companies, I can attest they are not the epitome of efficiency by any stretch, but unlike Medicare and Medicaid, I never saw one of those companies pay the same claim more than twice. Not sure how it is now (very seriously doubt it's better), but it was not uncommon at all the see Medicare and/or Medicaid pay the same claim 3, 4, 5 times. I even saw Medicaid pay a claim on one hospital visit 17 times. :shock:

Prior to 1965, healthcare costs counted for 6% of the US' GDP. Now, healthcare accounts for almost 20%. Any idea why there has been exponential growth in costs since 1965? :suspicious:

Re: Good (Long) Read on Health Care Costs

Posted: Mon Feb 25, 2013 7:11 am
by D1B
Baldy wrote:
kalm wrote: You should try reading this article. :lol:
That is the ICD-9 or ICD-10 coding system.

Something that is...wait for it...mandated, required, and regulated by the government.
kalm wrote:Yeah, cause the current system ain't "overly bloated, overly aggressive, and immensely dysfunctional"



Nope, not bloated at all. :rofl: :ohno:

(and these quotes were just from the first page. Great read but loooooong. Probably too long for knuckle dragging conks. Better sit this one out fellas)
As someone who used to audit dozens of the major health insurance companies, I can attest they are not the epitome of efficiency by any stretch, but unlike Medicare and Medicaid, I never saw one of those companies pay the same claim more than twice. Not sure how it is now (very seriously doubt it's better), but it was not uncommon at all the see Medicare and/or Medicaid pay the same claim 3, 4, 5 times. I even saw Medicaid pay a claim on one hospital visit 17 times. :shock:

Prior to 1965, healthcare costs counted for 6% of the US' GDP. Now, healthcare accounts for almost 20%. Any idea why there has been exponential growth in costs since 1965? :suspicious:
You know exactly how it is now. :ohno: :dunce:
Obama administration claims record $4.1 billion in Medicare fraud savings
By Julian Pecquet - 02/14/12 01:45 PM ET

The Obama administration saved the federal Medicare program $4.1 billion last year thanks to its investments in efforts to prevent fraud, waste and abuse, according to a new report from the Justice and Health and Human Services departments.

That's almost twice the $2.14 billion in fraudulent claims recouped in 2008, according to the report, while the number of individuals charged with fraud increased 75 percent — to 1,403 — over the same time period.

The report credits investments made in the healthcare reform law, including tougher sentencing guidelines, enhanced screening for Medicare providers and suppliers, better coordination between health and law enforcement officials and technological investments.

"The Obama Administration is doing more to stop fraud before it happens," HHS Secretary Kathleen Sebelius said in a blog post announcing the report. "For example, before this Administration a fraudster could swindle Medicare for millions of dollars in Florida, close up shop, move to Detroit, and attempt to reestablish the same scheme without ever being noticed. Now, [Centers for Medicare and Medicaid Services] and Department of Justice officials are tracking fraud scams as they move across the country, so that criminals are spotted when they try to re-enroll into Medicare or Medicaid."

The release of the new report comes the same day as the administration proposed new regulations setting a deadline for Medicare providers and suppliers to report and return self-identified overpayments. Before passage of the healthcare reform law, providers did not face an explicit deadline for returning taxpayers' money.

"Any failure to report and return the overpayment within the applicable time frame could be a violation of the False Claims Act," the Medicare agency warned in a memo to congressional staffers, explaining the new regulation. "Providers also could be subject to civil monetary penalties or excluded from participating in federal health care programs for failure to report and return an overpayment."

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Re: Good (Long) Read on Health Care Costs

Posted: Mon Feb 25, 2013 10:16 am
by BDKJMU
D1B wrote:
Baldy wrote: That is the ICD-9 or ICD-10 coding system.

Something that is...wait for it...mandated, required, and regulated by the government.



As someone who used to audit dozens of the major health insurance companies, I can attest they are not the epitome of efficiency by any stretch, but unlike Medicare and Medicaid, I never saw one of those companies pay the same claim more than twice. Not sure how it is now (very seriously doubt it's better), but it was not uncommon at all the see Medicare and/or Medicaid pay the same claim 3, 4, 5 times. I even saw Medicaid pay a claim on one hospital visit 17 times. :shock:

Prior to 1965, healthcare costs counted for 6% of the US' GDP. Now, healthcare accounts for almost 20%. Any idea why there has been exponential growth in costs since 1965? :suspicious:
You know exactly how it is now. :ohno: :dunce:
Obama administration claims record $4.1 billion in Medicare fraud savings
By Julian Pecquet - 02/14/12 01:45 PM ET

The Obama administration saved the federal Medicare program $4.1 billion last year thanks to its investments in efforts to prevent fraud, waste and abuse, according to a new report from the Justice and Health and Human Services departments.

That's almost twice the $2.14 billion in fraudulent claims recouped in 2008, according to the report, while the number of individuals charged with fraud increased 75 percent — to 1,403 — over the same time period.

The report credits investments made in the healthcare reform law, including tougher sentencing guidelines, enhanced screening for Medicare providers and suppliers, better coordination between health and law enforcement officials and technological investments.

"The Obama Administration is doing more to stop fraud before it happens," HHS Secretary Kathleen Sebelius said in a blog post announcing the report. "For example, before this Administration a fraudster could swindle Medicare for millions of dollars in Florida, close up shop, move to Detroit, and attempt to reestablish the same scheme without ever being noticed. Now, [Centers for Medicare and Medicaid Services] and Department of Justice officials are tracking fraud scams as they move across the country, so that criminals are spotted when they try to re-enroll into Medicare or Medicaid."

The release of the new report comes the same day as the administration proposed new regulations setting a deadline for Medicare providers and suppliers to report and return self-identified overpayments. Before passage of the healthcare reform law, providers did not face an explicit deadline for returning taxpayers' money.

"Any failure to report and return the overpayment within the applicable time frame could be a violation of the False Claims Act," the Medicare agency warned in a memo to congressional staffers, explaining the new regulation. "Providers also could be subject to civil monetary penalties or excluded from participating in federal health care programs for failure to report and return an overpayment."

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Yeah, he has no idea how it is now because the problem has gotten WORSE. Obama administration claims 4.1 billion in medicare fruad savings? That isn't squat, considering there is 50-90 billion a yr in fraud.

"....Federal authorities boast of recovering $4.1 billion in 2011 from fraudulent activity, but again spent millions of dollars to recover it.

How much Medicare and Medicaid fraud is there? No one knows for sure. In 2010 the Government Accountability Office (GAO) released a report claiming to have identified $48 billion in what it termed as “improper payments.” That’s nearly 10 percent of the $500 billion in outlays for that year. However, others, including U.S. Attorney General Eric Holder, suggest that there is an estimated $60 to $90 billion in fraud in Medicare and a similar amount for Medicaid.........

......Indeed, scamming Medicare and Medicaid is so lucrative that the Russian and Nigerian mobs have gotten involved. And one of the New York crime families has moved to Florida because defrauding Medicare is both more lucrative and less dangerous than some of the traditional organized crime activities.

And Medicaid is just as bad, or worse. New York City has been a huge problem for Medicaid with one former official suggesting that 40 percent of NYC’s Medicaid payments are “questionable. ” The New York Times, in a multi-story expose several years ago, reported that a Brooklyn dentist had filed 991 claims in one day......."
http://www.forbes.com/sites/merrillmatt ... illions/2/" onclick="window.open(this.href);return false;

Baldy is right. Fraud is still rampant.