Fuelman » Today, 2:01 pm » wrote: ↑ Medical Professionals don't give a **** what some economist has to say on the matter. They live in the real world, not some theory.
Most healthcare practitioners are highly resistant to taking a pay cut to fund Medicare for All, though their overall willingness heavily depends on whether a single-payer system would actually lower their incomes or just reduce their administrative overhead.
Current Financial Pressures
The debate occurs at a time when physicians report being at a financial breaking point due to ongoing, incremental adjustments to the standard Medicare Physician Fee Schedule. Independent practices have faced consecutive years of conversion factor and practice expense cuts from the Centers for Medicare & Medicaid Services (CMS), which do not keep pace with inflation or overhead costs like rent and salaries. Because current Medicare reimbursement already pushes thin-margin practices into financial distress, the prospect of a mandatory, system-wide shift to these rates creates deep apprehension across the medical community.
Concerns Over Income Reductions
Many doctors and medical groups oppose Medicare for All proposals because they often dictate that healthcare provider payments be set at standard Medicare reimbursement rates. On average, current Medicare rates are roughly 40% lower than the rates paid by private health insurance. Because independent practices and hospitals rely on private insurance to subsidize their Medicare losses, a shift to a single-payer system utilizing standard Medicare rates could jeopardize their financial sustainability and lead to sharp pay cuts.
I wonder why that is.Medical Professionals don't give a **** what some economist has to say on the matter.
who do you think pays for their gas?They live in the real world, not some theory.
When you wield what the ladies, in breathless whispers, refer to as The Beast of The East supplemental lubrication isn't just a courtesy, it is a necessity...Beekeeper » Today, 3:29 pm » wrote: ↑![]()
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I was TOLD he buys a tube of Astrolube every week. The BIG one.
Try that again, Mincing Little Coward.Huey » Yesterday, 3:25 pm » wrote: ↑FIFY.Blackvegetable » Yesterday, 3:05 pm » wrote: ↑Every single one, Mincing Little Coward...Huey » Yesterday, 3:01 pm » wrote: ↑ It is one set of rules. Your rules and etiquette for posting on other people's threads. You don't like your own rules, Dueche
That's amusing. You have my name. You have my pic. You have my address. You have directions to my home. You have posted info about my home from Real Estate sites. By your own admission I wa within 33 miles from you and you did nothing. I have none of that info.
You need to re-evaluate who the Mincing Little Coward is, Mincing Little Coward. Let me know when your ex returns your balls and you are at 33 mil3s from me.
Then you can call me a coward if I don't show up.
Well, family is on the way. I gotta go. Have a nice lonely night with your towel and hand lotion.
Blackvegetable » Yesterday, 5:22 pm » wrote: ↑ When you wield what the ladies, in breathless whispers, refer to as The Beast of The East supplemental lubrication isn't just a courtesy, it is a necessity...
"Good morning,.Water Heater"
42 Miles Short....
So what is your stand on single payer Healthcare?
cool, brown…are we to be impressed because you lerned a new word?Blackvegetable » Yesterday, 12:34 pm » wrote: ↑ Graduate level economics, JuCo...
Not everyone is as **** ignorant as you.
[Kenneth Arrow]
was an American economist who co-won the Nobel Memorial Prize in Economic Sciences in 1972 for his pioneering contributions to general economic equilibrium theory and welfare theory. [1, 2, 3]
## Contributions to Health EconomicsWhile Arrow is famous for general equilibrium and his "Impossibility Theorem," his 1963 landmark paper, Uncertainty and the Welfare Economics of Medical Care, effectively founded the entire field of health economics. [4, 5, 6, 7] * *
Market Failure: He argued that healthcare cannot operate like a standard competitive market due to pervasive uncertainty (not knowing when you will get sick) and asymmetric information (doctors knowing more than patients). [8, 9] *
Inelasticity Connection: This uncertainty and the vital necessity of care are what structurally drive the price inelasticity of healthcare demand. Patients cannot easily reduce consumption when prices rise, creating a unique economic environment that justifies insurance markets and government intervention.* [1] [https://www.britannica.com](https://www.britannica.com/money/Kenneth-Arrow)
[2] [https://corporatefinanceinstitute.com](https://corporatefinanceinstitute.com/r ... eth-arrow/)
[3] [https://www.econlib.org](https://www.econlib.org/library/Enc/bios/Arrow.html)
[4] [https://www.nobelprize.org](https://www.nobelprize.org/prizes/econo ... row/facts/)
[5] [https://www.hetwebsite.net](https://www.hetwebsite.net/het/profiles/arrow.htm)
[6] [https://www.cato.org](https://www.cato.org/commentary/kenneth ... -you-think)
[7] [https://santosh-shevade.medium.com](https://santosh-shevade.medium.com/heal ... 9166dc859c)
[8] [https://www.cato.org](https://www.cato.org/commentary/kenneth ... -you-think)
[9] [https://medium.com](https://medium.com/@Mehrsa.MD/from-nobe ... d4ec02114c)
JuCo 5 percenter...72
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom About 45 years ago...
He's been preaching for decades.....so far the congregation consists of 'Shamboner, Squatchman, J-Rab, and Johnny.....the Four ***'s of the Apocalypse.
Blackvegetable » Yesterday, 5:22 pm » wrote: ↑ When you wield what the ladies, in breathless whispers, refer to as The Beast of The East supplemental lubrication isn't just a courtesy, it is a necessity...
Who are you to judge?Beekeeper » 7 minutes ago » wrote: ↑ Dream on Alice, Wonderland is just around the corner.
There isn't a WOMAN within 1500 miles of you that would even REMOTELY find you "attractive", much less sleep with you, ****!!
Please, run along and take your imagination someplace that actually believes you.![]()
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the real question is why would I care you lerned a new word… no really, WHY?Blackvegetable » Yesterday, 7:55 am » wrote: ↑ Do you understand why demand for medical services might be Inelastic?
JuCo 5 percenter...72
“Show me the man and I’ll find you the crime” ~ LAVRENTIY BERIA
"Try to get past your passionate ignorance and learn to accept what actually happened." ~ brown's unheeded words of wisdom Not that lie again:Blackvegetable » 53 minutes ago » wrote: ↑ It's not about what anyone said.
It's about what you actually did.
Your actions.
45 years ago....ROG62 » 7 minutes ago » wrote: ↑ the real question is why would I care you lerned a new word… no really, WHY?
I was in the area of the stadium EVERY SINGLE DAY. Remember, you did not learn of where I stayed until 2 years later. I didn't lie. I couldn't really remember what it was called.