A publicly run health care program could compete with private insurance companies, which have a record of overcharging and underperforming.
Here's where the insurance companies really fail us. They over-pay hospitals, specialists and drug companies and then raise premiums to cover the costs. Further, when they pay hospitals 115% of what it should cost to care for a patient, they are paying for inefficiency that can be dangerous.
Insurance companies pay big bucks for procedures but next to nothing for patient consultations and preventive medicine, which is what most medicine is.
I worked with President Obama on the Affordable Care Act and getting health coverage to all Americans. It was my legislation that said insurance companies can no longer deny coverage for kids with preexisting conditions.
We have to do a better job of putting some rules on the insurance companies.
Insurance companies, whether private or government owned, must be compelled to pay for health-promoting measures. In turn, this will encourage physicians to offer such treatments in earnest.
Health care is a human right, but Bevin doesn't understand that. He wants to let insurance companies deny care for people with pre-existing conditions, slashing coverage for chronic disease management, mental health services, maternity care and prescription drugs.
If competition for Kaggle's top talent becomes fierce enough among banks, insurance companies, hedge funds - we hope the world's best data scientists will earn more than $50 million per year, just like the world's best hedge fund managers.
A Land Valuation Tax is a levy on the value of the land unimproved by buildings or other enhancement. The method is already used by insurance companies each year when they calculate your home insurance premium - they separate the cost of a total rebuild of the property from the value of the land itself.
The real problem with Obamacare has little to do with the number of people signing up, and a lot to do with the restrictions on insurance companies and reimbursement rates to doctors.
