Quote:
Originally Posted by joeydb
So how much innovation in medicine do you now expect when there is less profit to be made? Profit is not a dirty word - it is essential for growth and progress in ALL businesses.
And, what business is a monopoly or has mandated compliance that continues to get better? Nothing. It's time to grow up and realize that people do things to make profit, and the more profit they can make, the more they will improve their products and services in pursuit of even more profit. That is the way it will always be. Supply and demand are the physics of the economic realm - as real and consistent as gravity or electromagnetism.
Without profit, there will be less doctors and less medical facilities. And the best and brightest will no longer choose the increased education requirements of medicine. So you'll have less doctors, longer lines, and higher mortality due to both the decrease of the quality in medical care and the conveniently unmeasured metric of those "dying on line".
No thanks. With Romney's election, the promised 50 state exemption from ObamaCare and the subsequent repeal, we will be rid of this nightmare, and then pass some reforms that actually make sense. I suspect that the ban on pre-existing conditions for insurability will still be in force, as well as allowing people to shop for insurance in other states (thus smashing the fiefdoms where people are getting screwed).
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i doubt that insurance providers are the ones driving research. i was discussing profitability only insofar as insurance companies are concerned.
you might want to re-read what i posted, i didn't say anything about doctors or hospitals and turning profit.