Thought y'all would be interested in this. https://www.axios.com/health-insure...rus-1ee20555-11b3-46a4-84ff-c7fb6cf8640d.html
They have a solution The bottom line: The coronavirus is throttling almost every business in America. Large insurers think they're mostly immune, and if medical claims start to rise uncontrollably, they will increase everyone's premiums next year. "We would price for this for 2021 to the extent there's any meaningful impact," Humana CFO Brian Kane said. "I would imagine the industry will as well."
Yup, although looking at their profit projections for the remainder of the year they aren't concerned about claims rising uncontrollably. I figured you guys would pull out that quote as opposed to this one
Surely a lot of people are going to skip the preventative visit or even avoid going anywhere near a hospital with a serious injury. That's going to have significant knock on effects. PS. Yesterday I cut myself pretty bad. I pondered the prospect of going to a clinic or ER for stitches and thought, "fück it, I'll survive."
I'm surprised you didn't know about UHC's sports program. Aussie rules but still football. Upper Hutt College Moonshine Road, Trentham, Upper Hutt 5018 Ph: 04 527 8749 | Fax: office@upperhutt.school.nz
It's a week old article.Our day programs were open a week ago.NYC was business as usual a week ago.There was going to be a stimulus a week ago. Its all so one week ago.
https://www.politico.com/news/magaz...ct-economy-life-society-analysis-covid-135579 Taken from it: Government becomes Big Pharma. Steph Sterling is vice president of advocacy and policy at the Roosevelt Institute, and co-author of the forthcoming paper “In the Public Interest: Democratizing Medicines through Public Ownership.” The coronavirus has laid bare the failures of our costly, inefficient, market-based system for developing, researching and manufacturing medicines and vaccines. COVID-19 is one of several coronavirus outbreaks we have seen over the past 20 years, yet the logic of our current system—a range of costly government incentives intended to stimulate private-sector development—has resulted in the 18-month window we now anticipate before widespread vaccine availability. Private pharmaceutical firms simply will not prioritize a vaccine or other countermeasure for a future public health emergency until its profitability is assured, and that is far too late to prevent mass disruption. The reality of fragile supply chains for active pharmaceutical ingredients coupled with public outrage over patent abuses that limit the availability of new treatments has led to an emerging, bipartisan consensus that the public sector must take far more active and direct responsibility for the development and manufacture of medicines. That more efficient, far more resilient government approach will replace our failed, 40-year experiment with market-based incentives to meet essential health needs.
There are five different vaccines in clinical trials right now, each using a different technology. I would not characterize this as a failure. That 18 month window is because it takes time to see if a vaccine actually works. You can't speed that up by having the government in charge.
Governments can speed it up by lowering standards for testing / side effects checks. So we may find a cure for Corvin-19 faster, but we may end up with ZOMBIES.
A 70-year-old man in Seattle survived the coronavirus, got applauded by staff when he left the hospital after 62 days -- and then got a $1.1 million, 181-page hospital bill.— Rhys Blakely (@rhysblakely) June 13, 2020
This headline and Tweet are complete bullshit. Do some research, or maybe read the damn article, before posting shit like this.
Yep. From the story - https://www.hindustantimes.com/worl...spital-bill/story-8Uwxs8Ejpg2owtqdekrqEL.html The lefty version of clickbait bullshit. I mean, the tale is instructive about the incredible damage that bad cases of COVID-19 can cause, as well as how hospital costs can run, but that's not how the story is being told.
Well, there are instructive points, as how expensive it is to treat COVID19 in critical patients and how weird our insurance coverage works. How do the coat compare to nations with universal coverage and what would be his bill if the disease was different or if congress hadn’t pass a relief bill for COVID19?
If he is a Medicare patient his bill would be exactly the same regardless of the CARES act. I can explain how Medicare actually works if you would like to be more informed.
That you need to explain it to a fellow citizen ( going by his Florida location) speaks volumes. Over here it's quite simple. You get sick, you go to the doctor. You need to be hospitalized, you get into the hospital.
Medicare is totally different from healthcare for those under 65. If he hasn't had any experience with it he wouldn't have a reason to know. Or maybe he was doing what he normally does, troll. Either way, it's not difficult to understand. I do educational meetings on the various options you have with Medicare coverage for UHC. You can go to MedicareMadeClear.com to see how it works.