In your view, what is the No. 1 cause of health care premium hikes that are double or more the rate of inflation?
32% Insurance company profits
15% Administrative costs
13% New, more costly medical technologies
13% Patient utilization/personal behaviors such as poor diet, lack of exercise
10% Payments to hospitals, doctors and other providers
7% Aging population
7% New, more costly drug treatments
3% Employer shift to self-insurance
Which health insurance system would you prefer?
57% Private-public “hybrid” universal health insurance system
26% Current health insurance system
17% Government-run universal health insurance system
Poll conducted 12/3 – 12/4/07
As a small-business owner I’m constantly being solicited by agents who offer to “place” my existing insurance with my current provider. It doesn’t take a genius to understand that if there are enough profits to pay brokers, administration and profits (plus surplus, plus seven-figure salaries) then too much of our health care dollar is being eaten at the bakery and not going to provide the services that it is supposed to provide.
-John Perry Smith, Total Information Inc.
12/07/07 (C) Rochester Business Journal