U.S. House Passes Bill To Defund Patient Protection and Affordable Care Act

[snyps]

Kasz216 said:

snyps said:

Kasz216 said:

4.  Not true.  Something like two thrids of hospitals lose money.  If they could make money by not using insurance, or by using lesser equipment, they would. 

http://www.lasvegassun.com/news/2011/jan/22/cutting-insurers-out/

A single guy who admits it's a niche buisness (Ie very small) isn't exactly the most convincing arguement. 

80% of healthcare costs go toward the administrative expense of using insurance.  That means if you don't accept insurance and cut the cost in half, you'll more than double your profit.  This guy brings home more money than other doctors and charges only a 3rd of the cost.  You said it's not true, well it is.