Thread: Obama: Health Care Industry To Cut Costs

This is excellent news and another sign of progress courtesy of Obama's exceptional leadership and his administration's teamwork.

U.S. President Barack Obama has won a big victory in his battle to reform the American health care system. Some former opponents of reform are now offering their support.

The health care industry says it wants to join the reform effort.

After meeting with industry representatives at the White House, Mr. Obama said they have promised to limit health care costs.

"These groups are voluntarily coming together to make an unprecedented commitment," said President Obama.

The president says they are pledging to cut the rate of growth of national health care spending by 1.5 percent each year over the next decade. He says that amounts to a savings of more than $2 trillion.

If those limits are realized, they would benefit not just consumers, but also the federal government - which subsidizes health care for the elderly and the poor (through the Medicare and Medicaid programs).

VOA News - Obama: Health Care Industry To Cut Costs

Originally Posted by Bourne

This is excellent news and another sign of progress courtesy of Obama's exceptional leadership and his administration's teamwork.



VOA News - Obama: Health Care Industry To Cut Costs

Some of this will be in the form of rationalising tests and procedures. Some will be in other ways.

Are you kidding ?? Exceptional leadership means that he threatened to socialize their industry unless they play ball. Trust me, it was a one sided conversation.

They should be svared shitless after what he's tried to do to the banks and auto industry.

Originally Posted by Six

Are you kidding ?? Exceptional leadership means that he threatened to socialize their industry unless they play ball. Trust me, it was a one sided conversation.

They should be svared shitless after what he's tried to do to the banks and auto industry.

Good - judging by the product you are getting for the price you are paying it needs a good shake up.

America has the highest amount paid on health care with the worst statistical health

It will not change what we pay! But I would not want to go anywhere else. Statistical or not I will take my chances here.

Originally Posted by Bowerbird

Good - judging by the product you are getting for the price you are paying it needs a good shake up.

America has the highest amount paid on health care with the worst statistical health

Our health isn't because of our health industry, it's because of our diet and lifestyle. You couldn't be more wrong about the quality of our health care. Houston has one of the leading medical centers in the world. Why do foreign nationalist with the means to afford it...or not if their Mexican...come here for treatment ?? My uncles a surgeon and my mothers a retired R.N. so it would be foolish of you to dispute the fact that people from other Countries go out of their way to get medical care in the States.

Originally Posted by Heel31ok

It will not change what we pay! But I would not want to go anywhere else. Statistical or not I will take my chances here.

I have heard sometimes you have to wait two years to get an operation in a country with socialized medicine such as Canada or Australia. I know people in both of these countries that come to America to work, but go back to there homeland for medical care. America has to do something to improve cost. It always makes me frustrated that the insurance industry is involved in covering medical care. Why do we need insurance on medical care. Its not a fair system. People that take care of themselves pay the same amount as a person that abuses themselves and spends more time at the doctors as a result. We need a reward system for those that do work on being healthy. It would be a win win situation for everyone. People would strive to be healthier because there would be incentive to save money on health care cost. Insurance is kind of like a crap shoot. It gives people a sense of being covered no matter how I take care of myself. How many billions are going out to pay insurance companies for there jobs? I would guess 50 per cent is going to the insurance companies and the rest is going toward your premium. Most people have a policy that pays 80 percent and the customer pays the rest. So actually we are only getting about 30 per cent paid toward health care. We should have a program where 95 percent of the money we pay towards healthcare goes to health care for ourselves. Maybe 5 per cent could come out for management of those funds by a unbiased company (no insurance or governments) that could disperse funds to our doctors as requested. There is a huge about of waste due to insurance and medicines that could be stopped.
High cost in medicines could be brought down if people would shop for the best price on products. Competition will help bring prices back in line over time.

Originally Posted by Six

Our health isn't because of our health industry, it's because of our diet and lifestyle. You couldn't be more wrong about the quality of our health care. Houston has one of the leading medical centers in the world. Why do foreign nationalist with the means to afford it...or not if their Mexican...come here for treatment ?? My uncles a surgeon and my mothers a retired R.N. so it would be foolish of you to dispute the fact that people from other Countries go out of their way to get medical care in the States.

Oh! Individual institutions are world leaders - IF you can access them. IF you can afford them.

What I am talking about is the main indicator of a countries "health" maternal and infant mortality statistics