gubernaculum Posted March 23, 2012 Share Posted March 23, 2012 Nice visual aids, any thoughts? http://www.theatlantic.com/business/archive/2012/03/10-ways-to-visualize-how-americans-spend-money-on-health-care/254736/ Link to comment Share on other sites More sharing options...
gubernaculum Posted March 23, 2012 Author Share Posted March 23, 2012 Nice visual aids, any thoughts? http://www.theatlantic.com/business/archive/2012/03/10-ways-to-visualize-how-americans-spend-money-on-health-care/254736/ Link to comment Share on other sites More sharing options...
jmj11 Posted March 23, 2012 Share Posted March 23, 2012 Nice visual aids, any thoughts? http://www.theatlantic.com/business/archive/2012/03/10-ways-to-visualize-how-americans-spend-money-on-health-care/254736/ Great visual. One area that is not addressed well are the big spenders who are not really sick, but have somatizaton tendencies. Many were abused as children and spend the rest of their lives being sick (functional) trying to fulfill that nurturing deficient they experienced as children. If energy was applied to getting them in better mental health, their overuse of the medical system would hopefully drop. That's why I've hired a therapist who specializes in anxiety disorders and somatization syndromes. Link to comment Share on other sites More sharing options...
jmj11 Posted March 23, 2012 Share Posted March 23, 2012 Nice visual aids, any thoughts? http://www.theatlantic.com/business/archive/2012/03/10-ways-to-visualize-how-americans-spend-money-on-health-care/254736/ Great visual. One area that is not addressed well are the big spenders who are not really sick, but have somatizaton tendencies. Many were abused as children and spend the rest of their lives being sick (functional) trying to fulfill that nurturing deficient they experienced as children. If energy was applied to getting them in better mental health, their overuse of the medical system would hopefully drop. That's why I've hired a therapist who specializes in anxiety disorders and somatization syndromes. Link to comment Share on other sites More sharing options...
physasst Posted March 23, 2012 Share Posted March 23, 2012 Nice visual aids, any thoughts? http://www.theatlantic.com/business/archive/2012/03/10-ways-to-visualize-how-americans-spend-money-on-health-care/254736/ It's not new. 5% of the population account for 47%....1% accounts for 28% (not 20% as shown in that rudimentary graph) Also, note the dollar bill......It's a clever way of BC/BS trying to defer blame, but it's more than 2% profits. 13% admin costs??? Really? Medicare gets by on 8%... This is where that MLR ratio that has been so divisive comes from. Basically, they are saying that they have an MLR of 85% with a profit margin of 2%. This is where single payor can eliminate, or rather, consolidate a lot of those administrative costs. Also, that 15% is only for large companies. Small businesses (prior to the new MLR requirements as part of the ACA) paid an average of 83% MLR and individuals paid 80%. Are they trying to argue that administrative costs are higher for small business and/or individuals? If so, I have some land for sale as well. It's basically old data. Might be easier for the average American to read and understand, which is good... Link to comment Share on other sites More sharing options...
physasst Posted March 23, 2012 Share Posted March 23, 2012 Nice visual aids, any thoughts? http://www.theatlantic.com/business/archive/2012/03/10-ways-to-visualize-how-americans-spend-money-on-health-care/254736/ It's not new. 5% of the population account for 47%....1% accounts for 28% (not 20% as shown in that rudimentary graph) Also, note the dollar bill......It's a clever way of BC/BS trying to defer blame, but it's more than 2% profits. 13% admin costs??? Really? Medicare gets by on 8%... This is where that MLR ratio that has been so divisive comes from. Basically, they are saying that they have an MLR of 85% with a profit margin of 2%. This is where single payor can eliminate, or rather, consolidate a lot of those administrative costs. Also, that 15% is only for large companies. Small businesses (prior to the new MLR requirements as part of the ACA) paid an average of 83% MLR and individuals paid 80%. Are they trying to argue that administrative costs are higher for small business and/or individuals? If so, I have some land for sale as well. It's basically old data. Might be easier for the average American to read and understand, which is good... Link to comment Share on other sites More sharing options...
VentJock Posted March 24, 2012 Share Posted March 24, 2012 It's not new. 5% of the population account for 47%....1% accounts for 28% (not 20% as shown in that rudimentary graph) Also, note the dollar bill......It's a clever way of BC/BS trying to defer blame, but it's more than 2% profits. 13% admin costs??? Really? Medicare gets by on 8%... This is where that MLR ratio that has been so divisive comes from. Basically, they are saying that they have an MLR of 85% with a profit margin of 2%. This is where single payor can eliminate, or rather, consolidate a lot of those administrative costs. Also, that 15% is only for large companies. Small businesses (prior to the new MLR requirements as part of the ACA) paid an average of 83% MLR and individuals paid 80%. Are they trying to argue that administrative costs are higher for small business and/or individuals? If so, I have some land for sale as well. It's basically old data. Might be easier for the average American to read and understand, which is good... If only politics didn't play such a huge role a single payor system would be of great benefit to the US healthcare system. Link to comment Share on other sites More sharing options...
VentJock Posted March 24, 2012 Share Posted March 24, 2012 It's not new. 5% of the population account for 47%....1% accounts for 28% (not 20% as shown in that rudimentary graph) Also, note the dollar bill......It's a clever way of BC/BS trying to defer blame, but it's more than 2% profits. 13% admin costs??? Really? Medicare gets by on 8%... This is where that MLR ratio that has been so divisive comes from. Basically, they are saying that they have an MLR of 85% with a profit margin of 2%. This is where single payor can eliminate, or rather, consolidate a lot of those administrative costs. Also, that 15% is only for large companies. Small businesses (prior to the new MLR requirements as part of the ACA) paid an average of 83% MLR and individuals paid 80%. Are they trying to argue that administrative costs are higher for small business and/or individuals? If so, I have some land for sale as well. It's basically old data. Might be easier for the average American to read and understand, which is good... If only politics didn't play such a huge role a single payor system would be of great benefit to the US healthcare system. Link to comment Share on other sites More sharing options...
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