Strike at Deere plants in the US, more supply chain shortage to come

[Username Taken]

Insurance is the problem. Get rid of insurance and go to private pay or open up the system and let more insurance companies come in and compete. In my state we only have virtually one insurance company, Blue Cross Blue Shield.

Insurance isn't the problem. Not even close.

It's people who don't pay their bills for one reason or another. Johnny's driving his 1973 Camaro 90 MPH down a Country road and crashes it into a tree. He has no Health insurance. But he has to be stabilized and cared for. It's the law. He runs up a $100k bill and simply walks away from it.

The Doctors and Hospital have to 'Cost Shift' that loss onto others.

State Medicaid pays less than 50% of what they're billed for. Medicare isn't much better. The Doctors and Hospital are incurring an operating loss every time they see them. So they have to Cost Shift that loss onto those who can pay. You, Me, everybody else.

Had a kid working in the loading dock at a former job. He refused to buy the Company Sponsored Health Insurance for $95 a Month. Goes out runs his car into a wall at 75 MPH. Who pays for that?

You, Me, Everybody else.

Illegals. They show up at an Emergency Room and the Law says they have to be treated. You can't get near one down here anymore. You're a citizen with Health Insurance and you can't get near an E-Room because it's crawling with Illegals with a runny nose.

I thought obamacare was going to be a step in the right direction. That they were trying to copy the brilliantly simple Swiss Healthcare system.

They weren't. Like everything else those people touch, they screwed it up.

Blaming Insurance Companies is misinformed and lazy

 

[plowhog]

Verdi, NV is on the state border, about 20 minutes to Truckee, CA. Truckee, CA and Reno, NV are the closest major towns.

A Verdi resident can purchase insurance in Reno, but is prohibited by law from purchasing insurance in Truckee. Can you explain how that "promotes competition?"

 

[ultrarunner]

I’ve been known to get myself in trouble doing the right thing…

About 10 years ago Hospital CEO held a company wide meeting announcing employee share of Health Insurance premium increasing across the board along with charts and graphs and closed the meeting with “If anyone has a better idea… let’s hear it”

Taking things at face value I did my own research and about a week later with quotes in hand asked to present to the board my cost saving solution which avoided reduction in coverage and increased deductibles…

Lets just say it did not go over well yet it was exactly what was asked for.

See, at that time we were a stand alone community Heath Care provider and my presentation for cost savings and more coverage meant providing Insurance through the big HMO Kaiser…

The problem is employees would no longer be able to go to the Doctors providing services at our very hospital and some were even owners.

Learned a problem may have a very logical solution that is dismissed for other interests… in this case the CEO said why don’t we just close our doors!

 

[Cahaba Valley Farm]

Insurance isn't the problem. Not even close.

If they're not the problem then why can't we pay what they pay?

 

[ruffdog]

That's why I suggested going to a private payer system and getting rid of insurance companies. Then the consumer sets the prices and not the insurance companies and hospitals.

I know someone with Multiple Myeloma (like colen powell) and one of their drugs costs $250,000 annually. How many people that you know could handle that cost?

 

[Username Taken]

Verdi, NV is on the state border, about 20 minutes to Truckee, CA. Truckee, CA and Reno, NV are the closest major towns.

A Verdi resident can purchase insurance in Reno, but is prohibited by law from purchasing insurance in Truckee. Can you explain how that "promotes competition?"

Not really aimed at you but at the whole idea of interstate insurance....

It doesn't matter where you buy Insurance. That's just silly.

If you live in New Yawk Snitty and discover that Car Insurance is cheaper in Albany, drive there and buy it. Let me know how you make out.

Insurance is 'Area Rated' base on where you live. Doesn't matter where you buy it. Those who say it does matter are simply uninformed.

And many times there are reasons why Insurance Companies don't operate in some areas.

They don't know how.

You take a regional Insurance Company from Central Iowa and put them in downtown Dee-Troit and they'll go belly up within a year. Whole different ballgame.

And riddle me this....... Since most Health Insurance Companies are NonProfits or Not For Profit Companies....... I just don't get it. I just don't understand the lack of curiosity as to the whole problem.

I can promise you this: You won't learn about it from the TV. Dumbest people on the Planet

 

[Cahaba Valley Farm]

Learned a problem may have a very logical solution that is dismissed for other interests… in this case the CEO said why don’t we just close our doors!

Yep I made a similar statement here:

Another confused first timer

I've been wondering when people would stop putting all of their effort into reducing the things we haven't been able to change. Like atmospheric change... and at least begin to put some effort into reducing the inevitable results - like flooding of coastal cities, inland weather extremes, &...

www.tractorbynet.com

 

[Cahaba Valley Farm]

I know someone with Multiple Myeloma (like colen powell) and one of their drugs costs $250,000 annually. How many people that you know could handle that cost?

Read the second sentence again.

 

[ultrarunner]

That's why I suggested going to a private payer system and getting rid of insurance companies. Then the consumer sets the prices and not the insurance companies and hospitals.

Not quite as when insurance companies cry foul when hospitals set the price as has happened in Northern CA.

A large provider with 60,000 employees dominated the market being the only provider in some communities which translates into clout.

It simply told insurance providers this is what we charge and when insurance said no it left 100’s of thousands insured with no Hospital accepting their Insurance…

In other words Healthcare has become the battle of the Titans and independent regional providers either merge or go out of business and many have closed forever being locked out of contracts.

 

[rScotty]

But remember this, Deere is not going to lower their prices to the consumer, they will continue to increase the prices about 3% every year. So none of us are going to see any benefit from that, only Deere benefits from that.

Isn't that 3% about what inflation averages per year? Is that actually a benefit?

From my meger understanding of economics, the only benefit from inflation is that by supporting inflation as a policy, the government protects their economy from the presumed downside of "deflation".
Deflation is presumed to be bad, but I'm not sure it has been explored.
rScotty