Quote:
Originally Posted by Moneyguy1
Actually, the corporation puts up other people's (the investor's) money. Not the same as a sole proprietor's investment.
The primary question is: How can we rein in the costs of medical service which far outruns any inflation? To answer this question, obviously one has to factor in the "welfare" aspect, but to blame everything on this sector is not a real analysis of the problem. Where is all the money going?
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Large corporations do not create more jobs than small businesses. The furnace is local, always has been.
Concerning medical services costs: Tort reform. My oldest sister is a doc and the amount she pays in malpractice insurance (she has never been sued) is amazing.
Frivolous lawsuits are the single largest contributor to medical service costs, including redundant tests, the cost of doing business and the cost of risky procedures since many docs
assume they will be sued and pass the risk to the consumer.
We have become a society of litigators...*******s.