If Obamacare fails, then what?

[Kasz216]

Mr Khan said:

Kasz216 said:

CDiablo said:
Then plans go up in price and down in coverage like they did every year before obamacare. Hospitals continue to rip off insurance companies and everyone gets more money in the health industry.

Eh, not really.  Most hosptials actually lose money on treatment, and a lot lose money.

 

The only hosptials that really make bank are research hopsitals or other "top of the line" ones that get all the rich people money.

We've gone over this before, but who's actually making money in health care? The hospitals claim that they're not, the doctors claim that they're not (that's why many of them are quitting). Is it all getting sucked up by insurance and pharmaceuticals, or what?

Pharmaceuticals, Biotech and Research Hospitals.

Major Drug Manufactuers make about 23% on average.

12% for other Drug manufactuers

Biotech makes about a 11% profit margin

 

Not sure about research hospitals, but I do know they make tons of money by exploiting their colleges.

US drug costs, competition forcing hosptials to upgrade equipment far more then other countries and education costs are the three big culprits probably.

 

Well that and patient distribution.

Rich patients go to the rich hospitals.  They also tend to have the biggest percentage of uninsured people... a lot of whom aren't even from our country.

 

If we ever do go to full universal healthcare, they would also likely need to have a government takeover of most struggling hospitals.