Letters To Editor Address New York Times Editorial About U.S. Health Care Costs
Main Category: Health Insurance / Medical InsuranceAlso Included In: Public Health
Article Date: 29 Nov 2007 - 8:00 PDT
The New York Times on Wednesday published letters to the editor addressing a Nov. 25 editorial that discusses rising health care costs in the U.S. and possible ways to improve the nation's health care system. Summaries of several letters appear below.
- Marcia Angell: "I would certainly not agree with 'almost all economists' that 'the main driver of high medical spending here is our wealth,'" as the "per capita income of Americans is less than that of several European countries, and certainly not enough to explain our spending twice as much per capita on health care," Angell, a senior lecturer in social medicine at Harvard Medical School and a former editor-in-chief of the New England Journal of Medicine, writes in a Times letter to the editor. She continues, "Where we are unique is in leaving most of our health system to the tender mercies of profit-maximizing investor-owned businesses." While the Times is "right that Medicare-for-all 'is no panacea for the cost problem,'" the program "could easily be reformed. In any case, some sort of single-payer system will be necessary to control costs, even if not sufficient," Angell concludes (Angell, New York Times, 11/28).
- Allan Ostergren: "The Times is right to call health care costs 'the worst long-term fiscal crisis facing the nation,'" Ostergren, director of the Institute for SocioEconomic Studies, writes in a Times letter to the editor, adding, "Although universal coverage could be cheaper to finance and easier to administer, few concur on how to preserve consumer choice or how to persuade the uninsured to buy into the system." Ostergren suggests that the solution would be to extend Medicare to all U.S. residents, "financed by an increase in the withholding tax and elimination of the tax subsidies for employee health insurance" (Ostergren, New York Times, 11/28).
- Jan Warren-Findlow: The amount the U.S. spends on health care, "while troubling, should not be the main issue in the great health care debate," Warren-Findlow, an assistant professor of public health sciences at University of North Carolina-Charlotte, writes in a Times letter to the editor. She continues, "The focus should be on two things: one, the 47 million uninsured who cannot regularly participate in the health care system (not all of which is due to the high cost); and two, the poor state of our nation's health in comparison to other countries that spend far less in this area." She concludes, "We are the richest nation. First, let's allocate our economic, medical and research resources to provide good health to every American; then we can figure out how to do it cost-effectively" (Warren-Findlow, New York Times, 11/28).
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Everone pays medical megasettlements
posted by Jerry Cook on 22 Nov 2010 at 4:26 pmThere are many TV ads from lawyers claiming large cash settlements available from a variety of medical sources. These rewards are in the 10`s of millions of dollars. Much of which reflect amounts of money far beyond what the recipients would ever earn in their lifetimes. As a result of this threat insurance companies use large teams of lawyers to protect themselves, doctors and hospitals are sold expensive insurance policies to defend themselves, and we the patients are given overpriced bills to pay for it all.
Most people who go to a hospital or doctor never sue. So why not have a more practical and realistic approach reaching a fair settlement? A formular can be used based upon earned income. NYS uses one to determine child support payments.
A formula could reflect an estimated amount earned by the injured or deceased from time of disability or death to retirement age. Make it a lump sum payment, of course cover medial bills, etc.. That fair lump sum can now be invested by the recipients to produce additional income.
If a working formula can be arrived at many positive things can result from it. Like years of litigation would no longer be necessary, payments to receptiants would be much quicker, large chunks of settlement payments would not be paid to lawyers, overpriced premiums would not be passed on to the rest of us all over America, and most important of all lawyers would no longer be responsible for inflated medical cost which they should have no bussiness in in the first place. I keep hearing talk by politicians about high cost but not one word towards removing these lawyer motivated megasuits all of us suffer from. Without these suits 100`s of millions would be saved making health care in this country more affordable.
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