I'd suggest letting more immigrants in just for starters. That is the only way to build the size of the age groups younger than the boomer generation.
And raise the level of income taxed for medicare and SS.
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This past month some of the biggest Medicare only telesales fmo shops have added life divisions
- Thread starter DonP
- Start date
And raise the level of income taxed for medicare and SS.
- 27,104
We could start with a guest worker program. On top of the tax base we need the labor force.
Yes we sure need the labor force in some occupations! And that would not just be farming. For example our science and medical fields have critical employee shortages. In those fields we have lots of foreign born workers who are highly skilled and fill critical gaps in our employee base. And we need more of them (along with better ways to support our citizens to get decide to enter those fields and get and be able to afford the training they need).
Also I meant to say in my previous post raise the level of income taxed for medicare and SS instead of what I typed. Posted that after getting home from a very long drive, 2 states away.
- 11,192
I dont think you understand what Net Profit is.
That is whats left over AFTER everything has been funded.
And its currently being funded, mostly by tax dollars.
So that Net Profit, is mostly TAX DOLLARS, being paid to investors.
Investors are not funding our healthcare system. Taxpayers are.
And nothing changes about that if we made the system non-profit.
In fact, those tax dollars that make up the Net Profit, would be returned to policy holders and tax-payers.
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- 11,192
Because their revenue is mostly based on insurance claims. The insurance claim payments, are mostly based on tax dollars paying the premiums.
Same goes for hospitals. Many are now owned by venture capitalists (aka: investors). Tenet Health makes billions per year for investors.... had a huge year over year increase recently from shuttering hospitals in rural areas.
They were already wildly profitable. Making over half a billion each year for shareholders...
But shareholders and the board demanded more. So they cut off healthcare to millions of rural residents. In order to increase Net Profit by 500% in 1 year. Who cares how many people died from having to drive 2 hours to the nearest ER....
The worst part about it, is Tenet has a LEGAL DUTY to do this. They are legally obligated to maximize shareholder profits. And legally obligated to abide by the Board of Directors (investors).
That is why we need healthcare to be non-profit.
They should have a legal duty to do whats best for the patient and policy holder. Not shareholders.
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What the profit vs non profit affects is health care via the insurance companies involved. The for profit insurance companies take some of the government money they are given for MA's (and premium money if there is any) and that is returned to investors rather than used for patient care.
With supps those would cost less if some of what is paid by the customer didn't go to the investors (or in the case of UHC nearly 5% going to AARP).
In both cases high CEO salaries comes out of any money, government or not, coming into that insurance company (or conglomerate that they are part of).
- 11,192
Very aware of who pays insurance premiums. Mostly Tax Payers.
Around 70% (across all platforms) is directly paid with tax dollars.
And that does not include tax credits and tax deductions for businesses funding group plans.
Nor does it include tax deductions providers get for non-payments of OOP costs that bankrupt patients cant pay.
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That number is steadily increasing now with ICHRA plans for businesses.
ICHRA allows a business to put employees on individual plans with ACA subsidies. Newest hot thing in group.
It can save a business owner 30% or 40% on premiums.... paid for by tax-dollars....
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- 11,192
Its so much deeper than just the insurance level.
Think about the average sequence of events to get to a specialist for any random issue...
Insurance
Primary Doc
Insurance
Specialist Doc
Insurance
Pharmacy
PBM
That is 7 different "transactions", all marking up prices so investors can get their Net Profit.
Especially now that most PCPs offices are owned by investor groups.
Now if the Specialist has to operate at the local hospital (hopefully your not rural). Then we start adding even more layers of mark up for investor profits.
Shareholders/Investors add zero value to the quality of care. And the literal business model, is to mark up the price of care, and boost profits as much as possible. All being funded by tax payers.... and bank accounts of sick and dying people.
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- 11,192
And non-profit does not mean government run.
Frankly, I dont want RFK or Trump in charge of my healthcare.
I feel having private non-profits adhering to AMA standards, is the ideal solution to keep independent oversight of our system by true experts.
It shouldnt be run by investors.
It shouldnt be run by politicians.
It should be run by medical experts.
Frankly, I dont want RFK or Trump in charge of my healthcare.
I feel having private non-profits adhering to AMA standards, is the ideal solution to keep independent oversight of our system by true experts.
It shouldnt be run by investors.
It shouldnt be run by politicians.
It should be run by medical experts.
Medicare bro
Guru
- 598
That is the way it is now, because we have more people in the workforce than out of it. That is why Social Security has not dried up yet; in fact those on are still receiving increases per year. The system we have in place while according to you is profitable; it would quickly dry up if everyone in the country was on it; even if all the tax dollars went in to it. Soon those in the workforce will not be able to pay for those who aren't.
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