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
938 Views
- 29/09/2009 09:08:40 PM
938 Views
I just hope this doesn't squash all health-care reform attempts
- 29/09/2009 09:12:15 PM
657 Views
It definitely needs work, but not scrapped.....
- 29/09/2009 09:16:32 PM
664 Views
Opinion polls with health care have huge swings depending on how it's phrased
- 29/09/2009 09:28:28 PM
754 Views
Polls are horrid evidence in my mind
- 29/09/2009 09:32:58 PM
659 Views
Re: Polls are horrid evidence in my mind
- 29/09/2009 10:12:26 PM
831 Views
Not that I totally disagree with you, but that being said
- 29/09/2009 10:29:13 PM
599 Views
Re: Not that I totally disagree with you, but that being said
- 29/09/2009 11:21:21 PM
715 Views
Re: Not that I totally disagree with you, but that being said
- 29/09/2009 11:40:42 PM
761 Views
his statements on health care are precisely my point, but much more well stated. *NM*
- 29/09/2009 11:54:29 PM
282 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
712 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
693 Views
that the private sector has a long history of abusing both customer and employee *NM*
- 30/09/2009 03:46:03 AM
278 Views
That's indisbutable
- 30/09/2009 05:55:45 PM
698 Views
It doesn't work at all
- 30/09/2009 04:27:44 AM
733 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
736 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
730 Views
it's not THAT they pay malpractice
- 30/09/2009 02:00:04 PM
597 Views
but doctors are *required* to buy malpractice insurance
- 30/09/2009 04:13:08 PM
652 Views
that's completely moot to the situation malpractice insurance causes.
- 30/09/2009 04:21:42 PM
604 Views
hooray, we're going to continue in mediocrity when it comes to our health
- 29/09/2009 10:15:00 PM
731 Views
That is a decade old and horribly discredited citation
- 29/09/2009 11:46:51 PM
812 Views
regardless, we still spend a lot more on health care while having too many uncovered people
- 29/09/2009 11:56:24 PM
627 Views
My objection, in this context, is strictly about references
- 30/09/2009 12:13:40 AM
633 Views
i understand your point about the reference
- 30/09/2009 12:54:25 AM
688 Views
Re: i understand your point about the reference
- 30/09/2009 01:15:30 AM
747 Views
Re: i understand your point about the reference
- 30/09/2009 12:24:45 PM
767 Views
Re: i understand your point about the reference
- 30/09/2009 06:29:09 PM
750 Views
Re: i understand your point about the reference
- 30/09/2009 10:57:36 PM
710 Views
Interesting...
- 01/10/2009 12:09:35 AM
638 Views
Hooray! The government isn't going to get directly involved and make HC even worse! *NM*
- 30/09/2009 01:03:50 AM
285 Views

*NM*
*NM*