Allow me to address buttonjockey308 issues one at a time:
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- The trial lawyers make too much money from the medical/hospital system because the legal system allows it.*
The trial lawyers make money from the Insurance Companies who use the excuse of high malpractice claims to raise rates through the roof. Reform in this area is desperately needed. The only ones that don’t want it are the trial lawyers and I think that special interest group can be knocked down if people actually know what they are voting for when these issues come on the ballot. Not ***OMG they can run my child down like a dog in the street and never be punished ***ads they put out now to discourage reform.
2. The insurance companies make too much money from the insured and from the kickbacks they get from the doctors to be ‘in plan’. Nor will they get to choose how and where you get care, which will cost them money.
What kickbacks are you referring to? I don’t know of any plan that requires Doctors to pay to be in them. Networks beg to get doctors aboard with the low fee schedule they offer. No one is going to pay for that privilege.
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3. The hospitals won’t be able to charge $6.00 for an aspirin with their bottom up pricing structure.*
Although the hospitals CHARGE $6.00 for an aspirin, it doesn’t mean they are getting $6.00 for an aspirin. Hospitals are contracted with insurance companies to accept a particular fee schedule. A self pay patient may get a bill for this amount in an attempt to supplement the cost of care to the indigent but hospitals are well aware how unlikely they are to get half of their bill paid from someone with no insurance, let alone all. Hospitals aren’t big business money makers.
4. The doctors won’t be able to keep their insanely huge houses, expensive cars and fat bank accounts or get freebies in excess from the drug companies.
Freebies from drug companies have long been limited and are seriously scrutinized. I am unaware if you actually know a physician personally in this healthcare environment but due to managed care, the primary care physician that makes over $150,000 per year is rare indeed. People with Jobs as Physicians / Doctors Salary | PayScale.
*5. The drugcos won’t be able to rake in the millions upon millions of dollars they have been because bulk purchases demand deep discounts. *
The drug companies make little money on generic products which will likely be the only drugs paid for. What will suffer is R & D with no money or incentive to create new drugs for the profits they can make until the patent expires and generics become available.
6. The feds won’t be able to nitpick/monitor and restrict the development of new and different and (imagine this) effective treatments because the drugcos will be losing too much cash.
There will not be any any longer because there will be no incentive to create them.
The point is that providers aren’t likely to suffer anymore than they already have under managed care and Medicare caps. Many hospitals are already near bankruptcy and having no indigent people soaking up resources is bound to help. Insurance companies will suffer and so will trial lawyers but I have confidence that the majority of citizens will make this happen in the coming years regardless of the special interest groups.