Sixty percent of the private insurance healthcare dollar goes toward physician and hospital services, and fourteen percent goes toward both prescription drugs and administrative costs.
39 Responses to “The Nation’s Healthcare Dollar 2004”
The insurance ‘fad’ started in the ’80′s’ for all those too young to know. Before that we were all expected to keep ourselves well, except for the extreme.
You didn’t go just to find out what ‘might’ be wrong with you or could be in the future. It’s become a HOBBY.
My dad is a podiatrist. He has seen medicare patients for years, he has been in practice for 40 years. Basically in 1980′s and up he had to raise his prices for everything because medicaid paid less each year for claims. Say in 1980 he asked 300 for orthodics medicaid paid him 260 . Now he asks for 550 and medicaid pays him 275 for the same thing in the 1980′s. Medicaid is why prices for physicians went up and it is the reason insurance went up. Insurance like BCBS pays 90% of the claims doctors ask for. So it evens out what doctors have to pay for employess and overhead and still make what they used to. So if we got rid of Medicaid/Medicare Insurance and Doctors prices would go down significantly.
My Mom works for VA in pensacola. She says they have done studies on preventive healthcare and the money spent to prevent does not justify how many lives are saved. Very few percentage lives are saved to jusify the means of spending the money needed to save those few. This is especially true of cancers.
September 26th, 2008 at 11:19 pm
The insurance ‘fad’ started in the ’80′s’ for all those too young to know. Before that we were all expected to keep ourselves well, except for the extreme.
You didn’t go just to find out what ‘might’ be wrong with you or could be in the future. It’s become a HOBBY.
October 29th, 2008 at 11:05 pm
My dad is a podiatrist. He has seen medicare patients for years, he has been in practice for 40 years. Basically in 1980′s and up he had to raise his prices for everything because medicaid paid less each year for claims. Say in 1980 he asked 300 for orthodics medicaid paid him 260 . Now he asks for 550 and medicaid pays him 275 for the same thing in the 1980′s. Medicaid is why prices for physicians went up and it is the reason insurance went up. Insurance like BCBS pays 90% of the claims doctors ask for. So it evens out what doctors have to pay for employess and overhead and still make what they used to. So if we got rid of Medicaid/Medicare Insurance and Doctors prices would go down significantly.
October 29th, 2008 at 11:09 pm
My Mom works for VA in pensacola. She says they have done studies on preventive healthcare and the money spent to prevent does not justify how many lives are saved. Very few percentage lives are saved to jusify the means of spending the money needed to save those few. This is especially true of cancers.
June 13th, 2009 at 2:48 pm
Why US Healthcare Is Expensive…
It’s not because we’re inefficient.
Despite what others may say, it’s not because we provide poor care and have high infant mortality.
It’s not because we don’t emphasize preventative care.
And believe it or not, it’s not because most doctors …