Insurance Companies and Not Doctors Make the Most Money in Health Care Business

The anti-Obamacare rhetoric has made a hue and cry against a "government takeover" of medicine. Obama had to remove the "public option"; Republicans prevented the government from fielding a team and getting into the game. Instead, they have had an insurance company takeover of medicine. It's not the government that's coming between doctor and patient, it's the insurance companies.

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Doctors are beginning to resist: Last month, 75 doctors in northern Wisconsin [demanded] ... health reforms ... requiring that 95 percent of insurance premiums be used on medical care. The movement was ignited when a surgeon, Dr. Hans Rechsteiner, discovered that a brief outpatient appendectomy he had performed for a fee of $1,700 generated over $12,000 in hospital bills, including $6,500 for operating room and recovery room charges.

References:

Jay Livingston, June 2014

Hannah Punitha (IRDA Licence Number: 2710062)

Source: Medindia