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Discussion and Debate
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Politics
American Politics
Who are the GREEDY?
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<blockquote data-quote="morningstar2651" data-source="post: 68417540" data-attributes="member: 93656"><p>In all seriousness, there is a difference between being <strong>unwilling</strong> to pay and <strong>unable</strong> to pay, and that's an important distinction to make - we're talking about <strong>people who want to pay for a service but are unable to do so</strong> - we're talking about <strong><em>potential customers</em></strong>. Doctors would actually make more money if they had more customers. It's basic economics (<strong><a href="https://www.khanacademy.org/economics-finance-domain/microeconomics/elasticity-tutorial" target="_blank">Price elasticity</a></strong>) - if the price of a service is too high then there are few customers and vice versa. A business optimizes its profits by adjusting prices (see the video below). There are a lot of people out there that need to see a doctor that can't afford to pay out of pocket or can't afford health insurance, and there are a lot of health insurance companies out there that deny payment for needed treatments in pursuit of profits. <strong>Insurance companies</strong> are the greedy one in this framing of the problem - they are able but unwilling to pay for their customers' treatment all for the sake of making larger profits. <strong>It's in a private insurance company's best interests for their customers to pay for insurance and NOT benefit from insurance - their ideal situation is one where they receive money for nothing</strong>.</p><p></p><p>[MEDIA=youtube]Udltkvm9HLc[/MEDIA]</p><p></p><p>Our current healthcare system is broken and we're lagging behind other countries. The single payer system in Canada outperforms the American system, both financially and in terms of outcomes, and has bipartisan support. There aren't any convincing arguments that our current system is preferable.</p><p></p><p>[MEDIA=youtube]iYOf6hXGx6M[/MEDIA]</p></blockquote><p></p>
[QUOTE="morningstar2651, post: 68417540, member: 93656"] In all seriousness, there is a difference between being [B]unwilling[/B] to pay and [B]unable[/B] to pay, and that's an important distinction to make - we're talking about [B]people who want to pay for a service but are unable to do so[/B] - we're talking about [B][I]potential customers[/I][/B]. Doctors would actually make more money if they had more customers. It's basic economics ([B][URL='https://www.khanacademy.org/economics-finance-domain/microeconomics/elasticity-tutorial']Price elasticity[/URL][/B]) - if the price of a service is too high then there are few customers and vice versa. A business optimizes its profits by adjusting prices (see the video below). There are a lot of people out there that need to see a doctor that can't afford to pay out of pocket or can't afford health insurance, and there are a lot of health insurance companies out there that deny payment for needed treatments in pursuit of profits. [B]Insurance companies[/B] are the greedy one in this framing of the problem - they are able but unwilling to pay for their customers' treatment all for the sake of making larger profits. [B]It's in a private insurance company's best interests for their customers to pay for insurance and NOT benefit from insurance - their ideal situation is one where they receive money for nothing[/B]. [MEDIA=youtube]Udltkvm9HLc[/MEDIA] Our current healthcare system is broken and we're lagging behind other countries. The single payer system in Canada outperforms the American system, both financially and in terms of outcomes, and has bipartisan support. There aren't any convincing arguments that our current system is preferable. [MEDIA=youtube]iYOf6hXGx6M[/MEDIA] [/QUOTE]
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Who are the GREEDY?
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