Cost of Health Care Continues to Rise
Health benefit brokers surveyed see health care costs in 2011 continuing to rise. The small group market will continue to see double - digit cost increases, while medium to large groups will be on the high side single digit to double - digit.
http://www.shrm.org/hrdisciplines/be...Rates2011.aspx |
take the profit out of healthcare
our system is archaic and inhumane and while we are on the subject, jail big pharma executives I am sure you agree whell |
Quote:
|
I can't understand why the powers that be are so eager to kiss the arse of big pharma, they are all based off-shore. The only reason they maintain a presence here is for access to the research of NIH. The major reason for the rising cost of drugs has SFA to do with research. The increase is to cover advertising - four or five pages in every issue of major magazines - endless TV commercials, and executive salaries. What have they come up with of late besides skippy stiffeners.
|
Quote:
Regards, D-Ray |
Quote:
Profit margins are higher in the phrama industry, but are eroded by lower return on assets due to shortening of patent protection, litigation and high R&D costs. |
I have no doubt whatsoever that when the Republicans retake Congress in November and repeal Obamacare health insurance rates will plummet.
John |
Quote:
John |
Another big problem is how slowly reforms are being phased in. For consumers, that was a very expensive compromise. The lobbyists served their clients well by giving them a couple of extra years of price gouging to pad their bankroll. I know our experience has been that each year we pay more for less coverage. It would be cost prohibitive to retain the coverage that we had, so we increase co-pays or deductibles to try and maintain a reasonable monthly nut.
Regards, D-Ray |
Quote:
John |
All times are GMT -5. The time now is 06:50 PM. |
Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.