Daily Kos: Obamacare At Minimum, Single Payer Preferably Must Be Inferred By 60 Minutes Story (VIDEO)

Daily Kos: Obamacare At Minimum, Single Payer Preferably Must Be Inferred By 60 Minutes Story (VIDEO):

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 that provide standards of care for particular illnesses, whether it be requisite tests, admissions, or other facets of care. Absent this, corporate profit maximization for the benefit of the shareholder and not the interest of the patient or tax payer will be the sole outcome.

The reality is that fixing the healthcare system is not difficult at all. The complexity is in creating a rational for keeping portions that should not be for profit in the hands of private skimmers. Private insurance makes no sense. Private insurance has two purposes; firstly to pay a claim, and secondly to minimize the risk of having to pay a claim. It minimizes risks by attempting to insure only healthy people, thus leaving a pool of the unhealthy virtually uninsured but ultimately government covered (privatizing profits socializing losses). Moreover because there are several insurance companies, they all have their own presidents, executives, advertising, headquarters, shareholders’ dividends, and other fixed costs that have nothing to do with healthcare or paying a bill. A single payer system eliminates all these costs.

Robust regulations that uses crowd sourcing techniques for most effective care brings down cost and eliminates much opportunity for fraud. The problem is that in the chaos that is the healthcare system today, corporate pilferers are more able to profit. They used that power to make Obamacare less than it could be and made single payer but a long term dream.