Showing posts with label insurance. Show all posts
Showing posts with label insurance. Show all posts

Tuesday, August 7, 2007

Movie Review: Sicko

We watched Sicko the other night. I do enjoy the Michael Moore films, but I knew this one would be slamming the insurance industry, so I went in a bit more cautiously.

I thought the movie was good. I had to laugh a little bit about the line about insurance companies profiting off of people's health, and how that wasn't right. Just so you know, insurance companies can profit off of people's death's as well. For life insurance, we want you to live forever (vampires would be the perfect insured). For annuities, we want the payments to stop as soon as possible (fruit flies would be the perfect the annuitants).

Back on point, the US is the only G8 country with a privatized medical system. There is of course, a lot of resistance to moving to "socialized" medicine within the US, particularly by those who would lose out financially (i.e. insurers, medical providers, etc.).

We have lived now in both public (Canada) and private (Bahamas, Singapore) health care systems. Honestly, if something were to happen to us, we would most likely move back to Canada, so that your tax dollars could take care of us.

The movie was good, not a balanced point of view, as the movie kept referring to health care as "free". Which it is not, it is paid for by tax dollars. But health care costs as a percentage of GDP are the highest in the US. That mostly is due to the inefficiency caused by administration of all the insurance companies. In the public system, one payer (the government), one form.