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Old 04-10-2008, 11:23 AM
George O Well George O Well is offline
Machiavelli Incarnate
 
Join Date: Mar 2006
Posts: 11,108
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A single payor system is not going to pay for EVERYTHING. You want a tummy-tuck, you're on your own.

As I hear it, administrative costs are about 30% of the total costs in the private health care system. But you're right, we gotta get down to the additional "real costs". One of my peeves is the payouts by the drug companies to the generic manufacturers to NOT produce the drugs when the patents expire. These are huge payouts for doing absolutely nothing, and they run up the cost of drugs.

Additionally, the drug companies claim they have huge R&D costs when, in fact, most of the research is being done at the universities. The modus operandi is to have a university staffer do the exploration and testing and then buy the staffer and his notes when he comes up with something.

I have no faith in the private sector (or any combination of the goverment and private sector) to solve the healthcare problems. Look where they've taken us to this point. Single payor only and get down to the real costs.
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