This forum post is hidden because you have chosen to ignore Olderscout66. Show Details
This forum post is hidden because you have submitted an abuse report against it. Show Details
Nope, save PERHAPS for the notion that ANY hospital is really "non-profit". All
non-profit" means is they do not distribute profits back to stockholders BUT they can and do give it to their administrators or use it to buy more facilities/doctors/nurses so they can "justify" increasing administrative salaries and benefits. What was once the "county hospital" where I lived became part of a health care corporation and the salary of the administrator went from $120,000 to $1,500,000.00 - probably had to do that to remain "non-profit" - they just jacked the salaries instead of cutting cost to the customer. No wonder 85% of personal bankruptcy in the US are a result of medical bills.
I'm with you.
DW and I pay about $1000 a month for insurance for two of us. We were unable to get policies on with same company. We were turned down by various companies for pre-existing condition. We have a huge deductible, and no RX coverage at all for me. I'm one of those people who gets my RX's from Canada due to high cost here. (to fully disclose, we early retired without benefits so we put ourselves in this situation --- I'm still 2 years from Medicare).
When DW and I were both working we did have excellent coverage, low-cost, and virtually no out-of-pocket costs. We even had vision and dental at most places we worked. That has pretty much gone by the wayside.
I also worked in the industry briefly and worked for a hospital/clinic chain that did have to close an inner city hospital that was being subsidized by other large hospitals (including the one I worked in) located in aflluent areas where most people had nice insurance coverage. Fewer and fewer people had insurance and the subsidizing had to stop (the hospital company was for-profit).
Yup, you have the situation described. But, of course, it's an endless and angry discussion as to what kind of system would be better than what we have --- I won't comment on that.
Posted by retiredtraveler