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Topic: Applebee's and Papa John's Set To Lay Off
Bestinshow's photo
Fri 11/16/12 03:03 PM
Maybe someone should get some facts instead of spewing fox news reports.


"Overall annual medical liability system costs, including defensive medicine, are estimated to be $55.6 billion in 2008 dollars, or 2.4 percent of total health care spending."

yes 2.4 percent.

Medical over billing is estimated to be 3% to 10% of healthcare cost.


http://www.ncbi.nlm.nih.gov/pmc/articles/PMC3048809/

Chazster's photo
Fri 11/16/12 03:13 PM
Edited by Chazster on Fri 11/16/12 03:13 PM

Maybe someone should get some facts instead of spewing fox news reports.


"Overall annual medical liability system costs, including defensive medicine, are estimated to be $55.6 billion in 2008 dollars, or 2.4 percent of total health care spending."

yes 2.4 percent.

Medical over billing is estimated to be 3% to 10% of healthcare cost.


http://www.ncbi.nlm.nih.gov/pmc/articles/PMC3048809/


from your own source

We have highlighted the many limitations to the data available to support this analysis. Our estimates should be interpreted cautiously, with recognition that some system cost elements were excluded and others—particularly the defensive medicine figures—were estimated based on substantial assumptions and extrapolations.

They also say

"we did not evaluate the social benefits of the medical liability system, of which there are arguably at least three types.

SOCIAL BENEFITS OF THE LIABILITY SYSTEM
The system makes injured patients whole by providing compensation; it provides other forms of “corrective justice” for injured persons,"

So they didn't take into account payments to injured people which is very expensive as well.

Bestinshow's photo
Fri 11/16/12 03:16 PM


Maybe someone should get some facts instead of spewing fox news reports.


"Overall annual medical liability system costs, including defensive medicine, are estimated to be $55.6 billion in 2008 dollars, or 2.4 percent of total health care spending."

yes 2.4 percent.

Medical over billing is estimated to be 3% to 10% of healthcare cost.


http://www.ncbi.nlm.nih.gov/pmc/articles/PMC3048809/


from your own source

We have highlighted the many limitations to the data available to support this analysis. Our estimates should be interpreted cautiously, with recognition that some system cost elements were excluded and others—particularly the defensive medicine figures—were estimated based on substantial assumptions and extrapolations.

They also say

"we did not evaluate the social benefits of the medical liability system, of which there are arguably at least three types.

SOCIAL BENEFITS OF THE LIABILITY SYSTEM
The system makes injured patients whole by providing compensation; it provides other forms of “corrective justice” for injured persons,"

So they didn't take into account payments to injured people which is very expensive as well.
Feel free to provide another source that is as factual.

I do not expect anyone to hit the nail exactly on the head with the factors involved but its a safe bet to say its a good ballpark figure.

Chazster's photo
Fri 11/16/12 03:20 PM



Maybe someone should get some facts instead of spewing fox news reports.


"Overall annual medical liability system costs, including defensive medicine, are estimated to be $55.6 billion in 2008 dollars, or 2.4 percent of total health care spending."

yes 2.4 percent.

Medical over billing is estimated to be 3% to 10% of healthcare cost.


http://www.ncbi.nlm.nih.gov/pmc/articles/PMC3048809/


from your own source

We have highlighted the many limitations to the data available to support this analysis. Our estimates should be interpreted cautiously, with recognition that some system cost elements were excluded and others—particularly the defensive medicine figures—were estimated based on substantial assumptions and extrapolations.

They also say

"we did not evaluate the social benefits of the medical liability system, of which there are arguably at least three types.

SOCIAL BENEFITS OF THE LIABILITY SYSTEM
The system makes injured patients whole by providing compensation; it provides other forms of “corrective justice” for injured persons,"

So they didn't take into account payments to injured people which is very expensive as well.
Feel free to provide another source that is as factual.

I do not expect anyone to hit the nail exactly on the head with the factors involved but its a safe bet to say its a good ballpark figure.

Its a good ball park for premiums but that doesn't show the cost of the system.

no photo
Sat 11/17/12 11:22 AM


Obama won by over 100 electorial votes. Close is not good enough. Romney got less votes than mccain. Thats how the people spoke majority rules simple


Over 60 million spoke all right, they spoke and said they want the dictator out. Not to mention the tens of millions that didn't vote because they don't like him either.


A dictator might be better than an idiot.

Conrad_73's photo
Sat 11/17/12 11:28 AM


Maybe someone should get some facts instead of spewing fox news reports.


"Overall annual medical liability system costs, including defensive medicine, are estimated to be $55.6 billion in 2008 dollars, or 2.4 percent of total health care spending."

yes 2.4 percent.

Medical over billing is estimated to be 3% to 10% of healthcare cost.


http://www.ncbi.nlm.nih.gov/pmc/articles/PMC3048809/


from your own source

We have highlighted the many limitations to the data available to support this analysis. Our estimates should be interpreted cautiously, with recognition that some system cost elements were excluded and others—particularly the defensive medicine figures—were estimated based on substantial assumptions and extrapolations.

They also say

"we did not evaluate the social benefits of the medical liability system, of which there are arguably at least three types.

SOCIAL BENEFITS OF THE LIABILITY SYSTEM
The system makes injured patients whole by providing compensation; it provides other forms of “corrective justice” for injured persons,"

So they didn't take into account payments to injured people which is very expensive as well.
Best's Statistics!laugh
Called him on it before!

Lpdon's photo
Sat 11/17/12 12:15 PM
Add Denny's and Olive Garden to the list!

Conrad_73's photo
Sat 11/17/12 12:31 PM

Maybe someone should get some facts instead of spewing fox news reports.


"Overall annual medical liability system costs, including defensive medicine, are estimated to be $55.6 billion in 2008 dollars, or 2.4 percent of total health care spending."

yes 2.4 percent.

Medical over billing is estimated to be 3% to 10% of healthcare cost.


http://www.ncbi.nlm.nih.gov/pmc/articles/PMC3048809/
suddenly he trusts Government!

Conrad_73's photo
Sat 11/17/12 12:34 PM

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