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Originally Posted by JWsleep
Wow--that was long. Sorry! Procrastinating again from work.  |
Don't apologize, JDub, nice post. Pretty solid analysis.
I do disagree with one point. Health insurers aren't really raking it in. Their margins are not big when compared to companies in other industries. Their administrative expenses are necessary to handle all the red tape that comes with the healthcare industry. Medical charts, billing, deciphering medical coding, managing reimbursement rates, case management; these jobs are all absolutely necessary just to work through the system.
Medicine's complicated. It does take a lot of brains to work through it all.