but doctors are *required* to buy malpractice insurance
moondog Send a noteboard - 30/09/2009 04:13:08 PM
it's how much the malpractice insurance IS. Even for vets it's a reasonable chunk of change--I can't imagine what it is for doctors.
A doctor has to balance his expenses and income in order to eat, correct? Correct. If he has to pay malpractice, he raise his income which derives from his prices (thus his prices go up). The more malpractice is (and it's quite high), the more his prices need to go up (I'm assuming is other expenses are relatively fixed compared to "yes" and "no" malpractice). ECON101, dude.
And your comparison to car insurance makes zero sense, because the driver has nothing to do with setting the retail price of the car (beyond marketing influences). Logic. Fail.
A doctor has to balance his expenses and income in order to eat, correct? Correct. If he has to pay malpractice, he raise his income which derives from his prices (thus his prices go up). The more malpractice is (and it's quite high), the more his prices need to go up (I'm assuming is other expenses are relatively fixed compared to "yes" and "no" malpractice). ECON101, dude.
And your comparison to car insurance makes zero sense, because the driver has nothing to do with setting the retail price of the car (beyond marketing influences). Logic. Fail.
so the car insurance analogy is pretty apt, since almost all states require the driver to carry it. i'm sure there are doctors who set their own prices out there, but for the most part the prices are set by the hospitals and HMOs, etc. i don't personally know any doctors, but the ones i've gone to don't set their own prices when i've asked them. their prices are set by the group they belong to.
"The RIAA has shown a certain disregard for the creative people of the industry in their eagerness to protect the revenues of the record companies." -- Frank Zappa
"That's the trouble with political jokes in this country... they get elected!" -- Dave Lippman
"That's the trouble with political jokes in this country... they get elected!" -- Dave Lippman
Senate Finance Committee Votes Against Government-Run Health Insurance Plan
29/09/2009 09:08:40 PM
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I just hope this doesn't squash all health-care reform attempts
29/09/2009 09:12:15 PM
- 522 Views
It definitely needs work, but not scrapped.....
29/09/2009 09:16:32 PM
- 528 Views
Opinion polls with health care have huge swings depending on how it's phrased
29/09/2009 09:28:28 PM
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Polls are horrid evidence in my mind
29/09/2009 09:32:58 PM
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Re: Polls are horrid evidence in my mind
29/09/2009 10:12:26 PM
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Not that I totally disagree with you, but that being said
29/09/2009 10:29:13 PM
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Re: Not that I totally disagree with you, but that being said
29/09/2009 11:21:21 PM
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Re: Not that I totally disagree with you, but that being said
29/09/2009 11:40:42 PM
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his statements on health care are precisely my point, but much more well stated. *NM*
29/09/2009 11:54:29 PM
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Difference is that the law is subject to more checks and balances than the whims of a CEO
29/09/2009 11:44:58 PM
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Re: Difference is that the law is subject to more checks and balances than the whims of a CEO
30/09/2009 12:28:36 AM
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that the private sector has a long history of abusing both customer and employee *NM*
30/09/2009 03:46:03 AM
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That's indisbutable
30/09/2009 05:55:45 PM
- 548 Views
It doesn't work at all
30/09/2009 04:27:44 AM
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i have yet to see any evidence of malpractice insurance being a driving cost of health care
30/09/2009 05:27:34 AM
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When the malpractice insurance can cost well over $100k a year of course it effects the costs.
30/09/2009 06:21:29 AM
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it's not THAT they pay malpractice
30/09/2009 02:00:04 PM
- 451 Views
but doctors are *required* to buy malpractice insurance
30/09/2009 04:13:08 PM
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that's completely moot to the situation malpractice insurance causes.
30/09/2009 04:21:42 PM
- 473 Views
hooray, we're going to continue in mediocrity when it comes to our health
29/09/2009 10:15:00 PM
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That is a decade old and horribly discredited citation
29/09/2009 11:46:51 PM
- 665 Views
regardless, we still spend a lot more on health care while having too many uncovered people
29/09/2009 11:56:24 PM
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My objection, in this context, is strictly about references
30/09/2009 12:13:40 AM
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i understand your point about the reference
30/09/2009 12:54:25 AM
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Re: i understand your point about the reference
30/09/2009 01:15:30 AM
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Re: i understand your point about the reference
30/09/2009 12:24:45 PM
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Re: i understand your point about the reference
30/09/2009 06:29:09 PM
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Re: i understand your point about the reference
30/09/2009 10:57:36 PM
- 560 Views
Interesting...
01/10/2009 12:09:35 AM
- 488 Views
Hooray! The government isn't going to get directly involved and make HC even worse! *NM*
30/09/2009 01:03:50 AM
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