Best news for healthcare cost reduction in a while

Your Virginia Tech Politics and Religion source
Forum rules
Be Civil. Go Hokies.
Post Reply
ElbertoHokie
Posts: 1355
Joined: Thu Jun 18, 2015 4:24 pm
Alma Mater: Virginia Tech
Party: Independent

Best news for healthcare cost reduction in a while

Post by ElbertoHokie »

https://www.wsj.com/articles/amazon-ber ... 1517315659

Hopefully the talent these three companies employ and can draw can band together to find strategies to reduce the cost. Shares in United Health, Aetna, and CVS all dropped around 5% on the news.
Vienna_Hokie
Posts: 2052
Joined: Tue Mar 01, 2016 7:12 pm
Alma Mater: VT
Party: libertarian

Re: Best news for healthcare cost reduction in a while

Post by Vienna_Hokie »

ElbertoHokie wrote:https://www.wsj.com/articles/amazon-ber ... 1517315659

Hopefully the talent these three companies employ and can draw can band together to find strategies to reduce the cost. Shares in United Health, Aetna, and CVS all dropped around 5% on the news.
you mean they are going to use their bought influence in washington now that it has such enormous control over healthcare to get the rules rigged more in their favor.
Looks like the only thing 1984 got wrong was the date.
cwtcr hokie
Posts: 13399
Joined: Thu Aug 22, 2013 1:25 pm

Re: Best news for healthcare cost reduction in a while

Post by cwtcr hokie »

ElbertoHokie wrote:https://www.wsj.com/articles/amazon-ber ... 1517315659

Hopefully the talent these three companies employ and can draw can band together to find strategies to reduce the cost. Shares in United Health, Aetna, and CVS all dropped around 5% on the news.

so who is taking less revenue, doctors, pharma companies or healthcare facilities? It is sooooo simple, get all of those to cut their revenue by a very large percentage and you get less expensive health care.

OR

Tell fat asses to get into decent shape, let people die and don't try and save every human ever born. Cutting the income of the medical side has many issues, for docs how do they pay their massive liability insurance they must carry? how do they pay back the huge amount of money to become a doctor?

For pharma who develops new drugs? It cost lots of money to develop new drugs and most never ever get produced, who eats all of those costs?

For healthcare facilities (hospital, med offices) how do the facilities pay their costs and do any kind of capital spending? Who builds new facilities, who replaces them? How is equipment replaced? If the facilities do not make a profit there is no way to do capital spending.

get it?
Post Reply