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
1060 Views
- 29/09/2009 09:08:40 PM
1060 Views
I just hope this doesn't squash all health-care reform attempts
- 29/09/2009 09:12:15 PM
766 Views
It definitely needs work, but not scrapped.....
- 29/09/2009 09:16:32 PM
779 Views
Opinion polls with health care have huge swings depending on how it's phrased
- 29/09/2009 09:28:28 PM
880 Views
Polls are horrid evidence in my mind
- 29/09/2009 09:32:58 PM
784 Views
Re: Polls are horrid evidence in my mind
- 29/09/2009 10:12:26 PM
950 Views
Not that I totally disagree with you, but that being said
- 29/09/2009 10:29:13 PM
721 Views
Re: Not that I totally disagree with you, but that being said
- 29/09/2009 11:21:21 PM
825 Views
Re: Not that I totally disagree with you, but that being said
- 29/09/2009 11:40:42 PM
876 Views
his statements on health care are precisely my point, but much more well stated. *NM*
- 29/09/2009 11:54:29 PM
337 Views
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
832 Views
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
813 Views
that the private sector has a long history of abusing both customer and employee *NM*
- 30/09/2009 03:46:03 AM
342 Views
That's indisbutable
- 30/09/2009 05:55:45 PM
807 Views
It doesn't work at all
- 30/09/2009 04:27:44 AM
857 Views
i have yet to see any evidence of malpractice insurance being a driving cost of health care
- 30/09/2009 05:27:34 AM
850 Views
When the malpractice insurance can cost well over $100k a year of course it effects the costs.
- 30/09/2009 06:21:29 AM
845 Views
it's not THAT they pay malpractice
- 30/09/2009 02:00:04 PM
714 Views
but doctors are *required* to buy malpractice insurance
- 30/09/2009 04:13:08 PM
769 Views
that's completely moot to the situation malpractice insurance causes.
- 30/09/2009 04:21:42 PM
713 Views
hooray, we're going to continue in mediocrity when it comes to our health
- 29/09/2009 10:15:00 PM
889 Views
That is a decade old and horribly discredited citation
- 29/09/2009 11:46:51 PM
938 Views
regardless, we still spend a lot more on health care while having too many uncovered people
- 29/09/2009 11:56:24 PM
728 Views
My objection, in this context, is strictly about references
- 30/09/2009 12:13:40 AM
744 Views
i understand your point about the reference
- 30/09/2009 12:54:25 AM
848 Views
Re: i understand your point about the reference
- 30/09/2009 01:15:30 AM
860 Views
Re: i understand your point about the reference
- 30/09/2009 12:24:45 PM
901 Views
Re: i understand your point about the reference
- 30/09/2009 06:29:09 PM
873 Views
Re: i understand your point about the reference
- 30/09/2009 10:57:36 PM
816 Views
Interesting...
- 01/10/2009 12:09:35 AM
747 Views
Hooray! The government isn't going to get directly involved and make HC even worse! *NM*
- 30/09/2009 01:03:50 AM
332 Views

*NM*
*NM*