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Larry[_26_] Larry[_26_] is offline
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First recorded activity by BoatBanter: Jul 2010
Posts: 70
Default ah, yes, the latest on my company 401K

Harry  wrote:
On 7/26/10 12:04 PM, wrote:
On Mon, 26 Jul 2010 11:49:23 -0400, Harry
wrote:

On 7/26/10 11:43 AM,
wrote:
On Mon, 26 Jul 2010 10:52:05 -0400, Harry
wrote:

Health insurers do not deliver a product the consumer needs or wants.
Health care is already out there...it exists. Health insurance
adds an
unnecessary middle-man factor.

... and a huge government bureaucracy wouldn't?


It wouldn't have to, would it? Remember, I am an advocate of the swiss
system, in which the basic plans offered are all the same, and could
easily be administered (claims received, claims paid) by a non-profit
third party, since procedures and medications would be covered or not,
and lists would be circulated and coded. If you want additional
coverages, and many would, private insurance companies could sell those
separately through a regulated process.

I advocate dumping the current health care payment process and
coming up
with something entirely different.

I guess my problem with the government is their vulnerability to
fraud. Medicare is the shining example of a low overhead way to pay
bills, when you ask but their fraud rate is a lot higher than the
private insurers. For some reason our government is very susceptible
to getting robbed. (Medicare, DoD procurement, USDA programs,
whatever)
Perhaps the Swiss are just more honest.



Sadly, we tolerate fraud. Look at government defense contracting.

And unions.