[lbo-talk] For-profit medicine

Wojtek S wsoko52 at gmail.com
Thu May 17 12:33:51 PDT 2012


[WS:] It seems that public insurance (such as Medicaid) is insufficient to prevent this kind of abuse. The root of the problem is private service delivery - perhaps more so than private insurance. According to a recent propaganda poster on the DC Metro, inscos profits account for less than 5% of all medical cost - hospital and doctor bills account for some 80 percent and drugs for 11% if memory serves.

So the solution is the development of a public health care *delivery* system - rather than a public health insurance. And I mean public, not just "nonprofit" - since most US hospitals are "nonprofit" i.e. tax exempt.

-- Wojtek

"An anarchist is a neoliberal without money."



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