John Stossel: Insurance Makes Healthcare Far More Expensive
John Stossel makes the case that we should pay for own healthcare. What a shocking notion!
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John Stossel makes the case that we should pay for own healthcare. What a shocking notion!
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yeah well you watch cnn and msnbc, they don’t even give other sides a chance. those networks are jokes
@viperdawg41192 HE LISTENS CAREFULLY TO ALL SIDES AND THEN PUSH HIS IDEA OF LIBERTARIAN =)
I think the next time I get an oil change for my car; I’m going to submit a claim with my auto insurance…I wonder how long it will be before they send me my reimbursement check.
@exbronco1980 public transportation is a bad one… It can get the money back. Make people not buy cars from other countries etc.
with groceries, sometimes other people DO pay for them- food stamps. with transportation sometimes other people do pay, for public transportation.
ZepDzen – The average citizen in China can afford to see a doctor but healthcare may not be readily available if you live iin the countryside. But it depends on what you need, in America your insurance decides whether you live or die. Of course this doesn’t go for if you are an illegal here and are on Medicaid then of course it’s free. But who do you think pays for them. No system is 100% fair.
Sure thats a lower cost to us, but how much does the avrg citizen make a year in China.
I actually went to China and I had no insurance there and the cost was so dirt cheap that it would make you either laugh or cry. Big surgeries cost a lot but far cheaper than that here in the United States. Cost of having a child in America – $24,500 out of pocket if you have insurance – $2,500. Cost in China if you had a child (good hospital)- 10,000 RMB = $1,450 US dollars = Without Insurance. It only goes to show you that the insurance companies are really thieves and ripping us off.
Ron Paul/John Stossel 2012!!!
@viperdawg41192
RON PAUL
PETER SCHIFF
RAND PAUL
@1776independent The biggest problem with health insurance today is that insurance in general is not supposed to look like this. Insurance is a risk pool that covers things that you cant’ afford. No one is saying that insurance shouldn’t cover bypass surgery, but insurance really shouldn’t cover you for a routine physical. That would be like car insurance paying you to get your oil changed.
@zoticus1 I love that system. Gas tax pays for roads, so its a pay as you go policy without the hassle of tolls. Well at least mostly. I’m not sure if the construction is done by a private company that contracts with the government or just all government run though. I hope they contract with private companies. My 0.02
Income taxes are a big reason why we are here in the first place. That is where job benefits came from. Workers wanted tax free compensation and thus started health insurance as a benefit. To compete with other companies the health insurance offered covered almost everything. This had two negative consequences.
1. The bureaucracy of health insurance made everything cost most. More paperwork etc
2. We didn’t care what things cost so we consumed more which drove the cost up.
hmu. never thought of it that way
Whole Food= Whole Paycheck
i dont get why people try to go through the hassle of insurance to get them to pay for a $20 flu shot.
Yeh! Why buy flu medication, when I can buy HIV drugs? My insurance will be paying for it. Why have a mump shot, when I can have a by-pass surgery, it’s more expensive and my insurance will pay for it.
John Stossel is the Leviathan
Guess the guy in the end forgot about the roads he drives on is payed for and maintained by city taxes?
But yeah what do you expect to come from a system that rewards greed?
41 idiots rejecting the truth as of now…
@1776independent
I don’t think he’s so much against insurance than he is against forcing insurance companies to cover more things than necessary.
Pay into (potentially cheaper) insurance, so if you get a serious condition like cancer or a heart attack, you’re covered.
However if you have the sniffles, pay for that yourself. Without all the paper work a doctor has to do because of the constant insurance, going to the doctor would be cheaper in the first place.
Is Mr. Stossel suggesting that people need to go to the doctor as often as they need to eat? Or that a person’s food bill has the potential to reach $10,000/day?
He makes some reasonably salient points about altering the ‘fee-for-service’ approach in which the insured simply ‘orders up’ treatments in a budget-less format. But, as is his style, he oversimplifies while sounding reasonable.
Health insurance is, indeed, a necessary thing. Just ask a cancer patient.
Men like John Stossle make the world a better place.
everyone wants to talk about high cost of health coverage but noone seems to touch the high medical cost in this country due to govt regulations
The thing to understand about this is that Stossel is being pretty objective here, he’s talking about a relatively simple economic concept called Moral Hazard. I’m sorry if the truth makes you sad.