Friday, April 03, 2009

Health insurance industry red tape hurts - it adds no value

It's time to put doctors and nurses back in charge of medical decisions. If you think government can't get anything right, ask yourself: has big insurance been getting health care right? No way.The insurance industry profits by taking roughly 1/3 of the money going to health care to pay for overhead while they overturn the decisions of doctors to pay executive bonuses.

Big insurance companies make so much money that they spend millions of dollars on lobbyists every year in DC, yet costs are outrageous and a disgraceful number of people don't even have coverage. Obviously there's big money working to keep the status quo or this would have been fixed decades ago. Instead of reform, instead of the kind of continuous quality improvement they apply to their internal functions, we get red tape - we get misinformation trying to label any reforms as "socialized medicine" while medical decisions are made by bureaucrats.

read more | digg story

No comments:

Post a Comment