Saturday, July 4, 2009

Problems with Insurance Companies Health Care Costs

The doctor should be able to choose or mix drugs not the insurance cos or government. Private ins companies collect huge monthly premiums and then pick and choose reimbursements at different rates for different hospitals, meds, tests, etc. The problem is in the entire insurance system. Companies pick and choose the healthiest people and let the middle class elderly 60- 65, almost all with preexisting conditions, suffer most with high premiums and deductables. To 1 insurance co. people pay $1040/ month with a $1000 ded, 80/20 coverage (with diferent tiers of payments for hospitals, tests, meds, etc).. That's if you can get insurance at all. The system is broken. Illegals and poor get care for free.. Do the math for a year for that insurance. The trouble ISN'T pharmaceutical companies. Research should be subsidized by the government to lower prices since bringing 1 drug to the market can cost billions. Insurance is the real problem. Jul 01 08:44 AM | Link | Reply 00

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Howard McGowan
MaldenSenior

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