Re: Health Care
LOL.
Well I do financial statements and taxes for a myriad of doctors, and most of them their BIGGEST expense is malpractice insurance. & that says a lot for a high COL area. IT is far more than rent even.
I would say the average premiums I see is $100k/year insurance for a doctor who has a good record. A few of our doctors get by with far less - one mostly practices dermatology and she doesn't pay that much. But we have a lot of surgeons and eye doctors who perform LASIK. Their malpractice premiums are HUGE!!!!
Malpractice insurance is the highest cost of healthcare I have seen by far. So I have to disagree.
#2 would be the uninsured. YEs doctors are billing you double or triple for everything because they do not get paid by a big chunk of their patients. This actually probably would be #1 - we can switch these 2.
This is what I See in private practices. You would not believe what doctors bill and how much of that gets written off as uncollectible. a HUGE chunk.
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