AMERICAS BITTER PILL PDF
Editorial Reviews. Review. “A tour de force a comprehensive and suitably furious guide to the political landscape of American healthcare persuasive. Read Online America's Bitter Pill: Money, Politics, Back-Room Deals, and the Fix Our Broken Healthcare System by Steven Brill Book or Download in PDF and . Bitter Pill: Why Medical Bills Are Killing Us | resourceone.info . This pay structure is emblematic of American medical economics and is reflected.
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Get Politics America's Bitter Pill free audiobook Download on your phone now. Listen Fiction America's Bitter Pill free audio books with text and. A Summary of “Bitter Pill: Why Medical Bills Are Killing Us,” by Steven “In hundreds of small and midsize cities across the country the American health care. America's Bitter Pill is Steven Brill's much-anticipated, sweeping narrative of how the Affordable Care Act, or Obamacare, was written, how it is.
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Bitter Pill: Why Medical Bills Are Killing Us
Now you can get access of full pages on the book. But a more representative compilation of publicly traded firms tells the same story.
The pre-tax operating margin before accounting for interest, taxes, depreciation and amortization a measure similar but not identical to that used by Mr. Brill  for medical services companies is only Admittedly, these figures do not include nonprofit hospitals that Mr.
How outrageous pricing and egregious profits are destroying our health care
Brill says have even higher profits than their for-profit counterparts. Brill offers a cornucopia of statistics to leave the impression that having Medicare is much more efficient than relying on private insurers:.
The average for all private health insurers is only 9. But the difference in administrative costs for Medicare versus private insurers also is grossly overstated for a variety of reasons.
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When only Medicare administrative services are taken into account, the administrative costs for private plans are cut approximately in half. Another important reason is that the average dollar amount per Medicare claim is much higher than for private insurance because the elderly and disabled use hospital and nursing home services far more than do children or non-elderly adults.
One thing we know for certain: In essence, this means that private insurance companies have to pay investors 7 cents on the dollar to move those dollars out of their hands into the pockets of insurers to be used to build their companies. It might appear that Uncle Sam gets tax dollars for free, but in reality, every dollar of taxes whether used to bankroll Medicare or national defense shrinks the economy 44 cents.
This is why the hidden costs of single-payer health care would easily swamp any minuscule difference in administrative costs and profits there might be between a private health insurance plan and a tax-financed public plan.
What makes good for politics far too often is not good policy. Americans would be far better served by having Uncle Sam do something that he does quite efficiently—cut checks—and let Medicare beneficiaries shop for coverage the way members of Congress and their staffs do.
Instead, Mr. Brill proposes a variety of ways in which to further entangle the political process in the management of health spending across the board not just Medicare.
5 Myths in Steven Brill's "Bitter Pill" -- Part 2
Readers of my blog posts should know why I am deeply skeptical of how the decision to centralize even more decisionmaking authority in Washington D. As I concluded in my first post , Mr.Brill may actually have been shilling for a single-payer health system. The day I found out about the time bomb in my chest, I was finishing reporting for a book about Obamacare and the fight over how to fix America's healthcare system.
Praise for "America s Bitter Pill" "" A tour de force. Brill offers a cornucopia of statistics to leave the impression that having Medicare is much more efficient than relying on private insurers:. The Obama team should have at least marched into legislative negotiations with a well-thought-out plan.
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