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
924 Views
- 29/09/2009 09:08:40 PM
924 Views
I just hope this doesn't squash all health-care reform attempts
- 29/09/2009 09:12:15 PM
642 Views
It definitely needs work, but not scrapped.....
- 29/09/2009 09:16:32 PM
653 Views
Opinion polls with health care have huge swings depending on how it's phrased
- 29/09/2009 09:28:28 PM
742 Views
Polls are horrid evidence in my mind
- 29/09/2009 09:32:58 PM
649 Views
Re: Polls are horrid evidence in my mind
- 29/09/2009 10:12:26 PM
818 Views
Not that I totally disagree with you, but that being said
- 29/09/2009 10:29:13 PM
591 Views
Re: Not that I totally disagree with you, but that being said
- 29/09/2009 11:21:21 PM
703 Views
Re: Not that I totally disagree with you, but that being said
- 29/09/2009 11:40:42 PM
748 Views
his statements on health care are precisely my point, but much more well stated. *NM*
- 29/09/2009 11:54:29 PM
277 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
700 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
681 Views
that the private sector has a long history of abusing both customer and employee *NM*
- 30/09/2009 03:46:03 AM
271 Views
That's indisbutable
- 30/09/2009 05:55:45 PM
685 Views
It doesn't work at all
- 30/09/2009 04:27:44 AM
718 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
723 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
717 Views
it's not THAT they pay malpractice
- 30/09/2009 02:00:04 PM
574 Views
but doctors are *required* to buy malpractice insurance
- 30/09/2009 04:13:08 PM
640 Views
that's completely moot to the situation malpractice insurance causes.
- 30/09/2009 04:21:42 PM
590 Views
hooray, we're going to continue in mediocrity when it comes to our health
- 29/09/2009 10:15:00 PM
719 Views
That is a decade old and horribly discredited citation
- 29/09/2009 11:46:51 PM
799 Views
regardless, we still spend a lot more on health care while having too many uncovered people
- 29/09/2009 11:56:24 PM
615 Views
My objection, in this context, is strictly about references
- 30/09/2009 12:13:40 AM
624 Views
i understand your point about the reference
- 30/09/2009 12:54:25 AM
678 Views
Re: i understand your point about the reference
- 30/09/2009 01:15:30 AM
732 Views
Re: i understand your point about the reference
- 30/09/2009 12:24:45 PM
757 Views
Re: i understand your point about the reference
- 30/09/2009 06:29:09 PM
740 Views
Re: i understand your point about the reference
- 30/09/2009 10:57:36 PM
698 Views
Interesting...
- 01/10/2009 12:09:35 AM
626 Views
Hooray! The government isn't going to get directly involved and make HC even worse! *NM*
- 30/09/2009 01:03:50 AM
278 Views

*NM*
*NM*