Friday, May 2, 2014

A reply on Health Care


A comment from Paul Gerrard
“onsider medical research in the US.

It has become dominated by the private sector.

Capitalists are not interested in developing low cost cures
.
Capitalists are interested in finding long term treatments that can be patented.

This is surely one of the contributors to rising medical costs - the people who are developing the treatments want high revenue.”
 
My reply……
 
Paul Gerrard, I would also note a simple fact for years we herd how Malpractice was driving the cost up, the cost of coverage from law suits here in America, as far back as I can remember this added cost to Medical services was forcing the cost up, what is now worse is the same companies that provide this malpractice insurance, are now mandated by law to provide insurance to every one for the medical care they need, do a simple Google search by years every ten for the last 50 years and each year there is some kind of article on how these companies are running a mock, cutting benefits, driving cost of everything from medications to emergency visits.

So while medical services and medications are being patented to reach a monetary goal of one company these companies constantly get paid at every transaction an added cost, yet when one looks to the courts, few get confronted on the profiteering they are doing, including price fixing, service cuts, for sure benefit cuts of their own justifications,

It horrible what Google can do to rationalizations, Alas just no one wants to hear it.

Chas

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