Posted by oldtanker on January 02, 2017 at 16:31:43 from (66.228.255.59):
In Reply to: Expensive parts.... posted by Eldon (WA) on January 02, 2017 at 13:28:59:
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That's not necessarily true. Very late 80's a for profit HMO got caught charging $119.00 or a suture needle that cost them $1.19. The excuse at the time was that they had to charge like that to cover people who were poor. That was right about the time that they also got caught refusing to treat life and death people in the emergency room if they had no proof of insurance. Then about 93 the guy who had been treating my wife for injuries from a car wreck was outraged at what the hospital was billing her for his services. Worked out to about 10 times what he was being paid. The pharmaceutical companies claim that the cost of meds is so high because of testing and development when most of that is covered by government research grants. It isn't the insurance providers that have got cost up so high. If they were making that much of a killing some of them would not be pulling out of the health insurance business. Others wouldn't have gone broke.
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