What do you see happening to your healthcare costs in the next few years

[wdmso]

until it changes back to a non profit model ... its going to go up its not about taking care of Americans its about making money and if your priced out the usual suspects will blame the sick person not the system.. or you hope to make it 65 where your insurance will bounce you back to the government because you cost to much ...

[detbuch]

Originally Posted by wdmso

until it changes back to a non profit model ... its going to go up its not about taking care of Americans its about making money and if your priced out the usual suspects will blame the sick person not the system.. or you hope to make it 65 where your insurance will bounce you back to the government because you cost to much ...

Define "profit." Then tell us when health care here was non profit.

[Jim in CT]

Originally Posted by wdmso

until it changes back to a non profit model ... its going to go up its not about taking care of Americans its about making money and if your priced out the usual suspects will blame the sick person not the system.. or you hope to make it 65 where your insurance will bounce you back to the government because you cost to much ...

Profit margins among health insurers are around 6-7%. Not a big deal. Seeking profit provides a good incentive to avoid expensive waste, something that the public sector could stand a lesson on.
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[Pete F.]

Originally Posted by Jim in CT

Profit margins among health insurers are around 6-7%. Not a big deal. Seeking profit provides a good incentive to avoid expensive waste, something that the public sector could stand a lesson on.
Posted from my iPhone/Mobile device

That is profit not including the costs that physicians incur to count beans for insurance companies. When my brother closed his practice he had himself, a nurse practitioner, several rns and 6 people dealing with paperwork. Now the 6 people dealing with paperwork do not improve healthcare outcomes, and they are a cost.
Shuffling paper and counting beans makes insurance companies money 6-7% of all the paper they shuffle, and beans they count.

[JohnR]

Originally Posted by Pete F.

That is profit not including the costs that physicians incur to count beans for insurance companies. When my brother closed his practice he had himself, a nurse practitioner, several rns and 6 people dealing with paperwork. Now the 6 people dealing with paperwork do not improve healthcare outcomes, and they are a cost.
Shuffling paper and counting beans makes insurance companies money 6-7% of all the paper they shuffle, and beans they count.

I setup and fix those medical / practice management systems and the continual changes and updates that must be applied just for regulatory changes cost thousands per year at the practice level. Would be good to simplify that small cost of a business. There are a lot of hoops the practice runs thru just to formulate the paperwork to the INS co's whims and desire.