Wednesday, May 16, 2012

And we wonder why health care is so expensive?

In the days when insurance companies pay for most treatments, and called "greedy" and "profit-hungry" for trying to pass on the higher costs to its policyholders, why shouldn't a doctor want only the most expensive treatments that he can provide?

This M.D. himself admitted, "A one-year experiment with expanded competitive bidding that was recently conducted by Medicare yielded cost savings of 42 percent, without reducing the quality of care, and was hailed as a great success." Naturally, competitive bidding can't be permitted at all in what he deals with.

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