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Author
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Topic: Want a job at Stryker medical?!
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1996 GT
I'm Joe Yates
Member # 4992
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posted
 
 
Why work when the average welfare household makes 60k a year?
Posts: 9308 | Registered: Oct 2004
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KINGROY
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Member # 7736
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posted
Some of you still don't get it. Let me start this off by saying there will be lay offs in some low margin industries. Why? Because some can't handle the initial extra cost. Then there's this thing called "law of equilibrium", which refers to supply and demand. A business will only keep as many employees as it needs to maximize profits. If cost go up in one area, they must find a way to reduce cost in another. Insurance is a variable cost, so they will lower this cost by employing less people.
Now, how will this balance out and what does supply and demand have to do with anything. Currently or the way healthcare was set-up previously, a citizen didn't have to purchase health insurance, and an employer didn't have to provide it, but 100% of people used it. And by law, hospitals have to provide some kind of healthcare whether your insured or not. So who pays for the uninsured? The U.S. taxpayer and the folks that are insured. How? Because health facilities have a budget too, they have to pay their employees, and when people come in getting "free stuff" they have to pass the cost on to somewhere, they do this by increasing the cost of service which the insurance companies pay if you're insured, or the state pays if you're not insured. Which later is passed to the tax payer. That's the system we're getting rid of and moving from.
How will Obamacare help, the one major thing that Obamacare does that will help lower or stabilize your cost of health insurance and lower the cost to the U.S. tax payer is by increasing the pool of the insured. By increasing the pool of the insured we won't have those residual effects of uninsured people going to the doctor. By stabilizing health cost, companies will be able to hire more employees, by stabilizing health premiums, consumers can purchase more goods. With increased consumer purchasing power, is an increase in demand. With an increase in demand, companies will have to match with an increase in supply, and to increase supply, companies will need to increase production output per employee, or hire new employees. Which all comes back to the law of equilibrium (economics).
Now do you get it? Lol
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2003 Cobra Vert
2005 Prius
Posts: 1642 | From: Vallejo, CA | Registered: Jun 2007
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John91coupe
CAFords OG
Member # 18
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Professor Roy- This is California Fords dot com not the College of San Mateo. Lol
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D-2R ProCharged R302 331
1.410 60 ft.
5.784 @ 122.92 1/8
8.953 @ 155.08
MM&FF Feature June 2003
Posts: 1361 | From: Grass Valley, CA | Registered: Sep 2000
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KINGROY
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Member # 7736
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posted
quote:
Originally posted by John91coupe:
Professor Roy- This is California Fords dot com not the College of San Mateo. Lol
I'm moving up from Klan Roy to Rev Roy and now Professor Roy. Lol
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2003 Cobra Vert
2005 Prius
Posts: 1642 | From: Vallejo, CA | Registered: Jun 2007
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myzticsnake
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Member # 9334
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posted
quote:
Originally posted by kingroy:
Some of you still don't get it. Let me start this off by saying there will be lay offs in some low margin industries. Why? Because some can't handle the initial extra cost. Then there's this thing called "law of equilibrium", which refers to supply and demand. A business will only keep as many employees as it needs to maximize profits. If cost go up in one area, they must find a way to reduce cost in another. Insurance is a variable cost, so they will lower this cost by employing less people.
Now, how will this balance out and what does supply and demand have to do with anything. Currently or the way healthcare was set-up previously, a citizen didn't have to purchase health insurance, and an employer didn't have to provide it, but 100% of people used it. And by law, hospitals have to provide some kind of healthcare whether your insured or not. So who pays for the uninsured? The U.S. taxpayer and the folks that are insured. How? Because health facilities have a budget too, they have to pay their employees, and when people come in getting "free stuff" they have to pass the cost on to somewhere, they do this by increasing the cost of service which the insurance companies pay if you're insured, or the state pays if you're not insured. Which later is passed to the tax payer. That's the system we're getting rid of and moving from.
How will Obamacare help, the one major thing that Obamacare does that will help lower or stabilize your cost of health insurance and lower the cost to the U.S. tax payer is by increasing the pool of the insured. By increasing the pool of the insured we won't have those residual effects of uninsured people going to the doctor. By stabilizing health cost, companies will be able to hire more employees, by stabilizing health premiums, consumers can purchase more goods. With increased consumer purchasing power, is an increase in demand. With an increase in demand, companies will have to match with an increase in supply, and to increase supply, companies will need to increase production output per employee, or hire new employees. Which all comes back to the law of equilibrium (economics).
Now do you get it? Lol
Conceptually I think you are right, but ultimately probably incorrect. Insurance prices only stabilize if the hospitals themselves work to control their costs, which they really have shown no interest in doing. Health care companies have a hard time making them keep their costs down, and now that it is going to be the government trying to do that, doesnt make me feel warm inside. The government has problems trying to tie its own shoes, let alone trying to regulate a massive healthcare system.
I think what we may ultimately end up with is a system that offers marginally worse healthcare at the grand scale.
Posts: 120 | From: east bay | Registered: Jul 2009
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Wildfire532FB
CAFords OG
Member # 1482
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60K a year? How do i get on welfare?
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68 Fastback
84 CJ7
94 HMMWV
95 GT
03 F350
17 Fusion Hybrid
Posts: 17578 | From: 530 | Registered: Jun 2002
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SwEeT03Gt
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Member # 10283
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posted
quote:
Originally posted by Wildfire532FB:
60K a year? How do i get on welfare?
+1
Posts: 4484 | From: -NicKlE n DiMe- | Registered: Sep 2010
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triple b
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Member # 8763
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posted
I just got hired at a hospital
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1988 4cyl conv 306 HCI "sasha"
2004 tahoe
Sold- 87 GT, 72 chevelle, 63 biscane, 82 monte carlo, 73 nova, 88 silverado,
Posts: 1730 | From: sacramento ca | Registered: Nov 2008
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RODRIGUEZ
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Member # 9104
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posted
quote:
Originally posted by kingroy:
Some of you still don't get it. Let me start this off by saying there will be lay offs in some low margin industries. Why? Because some can't handle the initial extra cost. Then there's this thing called "law of equilibrium", which refers to supply and demand. A business will only keep as many employees as it needs to maximize profits. If cost go up in one area, they must find a way to reduce cost in another. Insurance is a variable cost, so they will lower this cost by employing less people.
Now, how will this balance out and what does supply and demand have to do with anything. Currently or the way healthcare was set-up previously, a citizen didn't have to purchase health insurance, and an employer didn't have to provide it, but 100% of people used it. And by law, hospitals have to provide some kind of healthcare whether your insured or not. So who pays for the uninsured? The U.S. taxpayer and the folks that are insured. How? Because health facilities have a budget too, they have to pay their employees, and when people come in getting "free stuff" they have to pass the cost on to somewhere, they do this by increasing the cost of service which the insurance companies pay if you're insured, or the state pays if you're not insured. Which later is passed to the tax payer. That's the system we're getting rid of and moving from.
How will Obamacare help, the one major thing that Obamacare does that will help lower or stabilize your cost of health insurance and lower the cost to the U.S. tax payer is by increasing the pool of the insured. By increasing the pool of the insured we won't have those residual effects of uninsured people going to the doctor. By stabilizing health cost, companies will be able to hire more employees, by stabilizing health premiums, consumers can purchase more goods. With increased consumer purchasing power, is an increase in demand. With an increase in demand, companies will have to match with an increase in supply, and to increase supply, companies will need to increase production output per employee, or hire new employees. Which all comes back to the law of equilibrium (economics).
Now do you get it? Lol
Well said...
And who would have thought that CAFORDS would educate me on this subject some day...
Posts: 1182 | From: East Bay | Registered: Apr 2009
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67stang
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Member # 549
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posted
I'm raising the bull-shit flag on Stryker medical.
AND a second bull-shit flag on Faux News.
I worked in the med device industry for 17 years.
Let's start at the top... Stryker's CEO at the time, Stephen McMillan, who is quoted by Fox in that article. Fox conveniently fails to mention that the quote from McMillan is from LAST september... and this Feb the douchebag was booted from the company for messing around with a flight attendant - he is married. Oh, and the flight attendant works on Stryker's corporate executive jet.
Oh, and McMillan's salary was $5,000,000 a year.
So this guy is singing woe-is-us, we have to eliminate 1000 jobs because of "Obamacare", when he and other Stryker execs are making 2-6MM a year.
Now, get this... Stryker made $8-BILLION in sales last year. $7B in 2010. There business is doing VERY well. Their profit was $1.3B, that's a 16% margin... the top of their industry.
Bottom line, the reason they are laying off 1000 workers has NOTHING to do with Obamacare. More likely they are shaving off poor performing sales folks, eliminating dead weight and poor performers.
Posts: 596 | Registered: Nov 2001
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AL STOCK
Its All Stock
Cuzzon
Member # 1852
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posted
quote:
Originally posted by kingroy:
quote:
Originally posted by John91coupe:
Professor Roy- This is California Fords dot com not the College of San Mateo. Lol
I'm moving up from Klan Roy to Rev Roy and now Professor Roy. Lol
Congrats on the promotion!
Posts: 6498 | From: San Bruno | Registered: Sep 2002
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Anderthizzle
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Member # 7910
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posted
quote:
Originally posted by SwEeT 03 Gt:
quote:
Originally posted by Wildfire532FB:
60K a year? How do i get on welfare?
+1
60k a year to sit at home!shit count me in. Sending my résumé in tommorow.
Posts: 1056 | From: Here and there | Registered: Sep 2007
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Pittsburg Mustang Owner
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Member # 6100
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posted
::Slow clap::
Never thought I'd see the day CAFords would come back with well thought, educated, and informed responses.
Posts: 1019 | From: Pittsburg, CA | Registered: Oct 2005
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East Bay 50
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Member # 8081
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posted
quote:
Originally posted by kingroy:
Some of you still don't get it. Let me start this off by saying there will be lay offs in some low margin industries. Why? Because some can't handle the initial extra cost. Then there's this thing called "law of equilibrium", which refers to supply and demand. A business will only keep as many employees as it needs to maximize profits. If cost go up in one area, they must find a way to reduce cost in another. Insurance is a variable cost, so they will lower this cost by employing less people.
Now, how will this balance out and what does supply and demand have to do with anything. Currently or the way healthcare was set-up previously, a citizen didn't have to purchase health insurance, and an employer didn't have to provide it, but 100% of people used it. And by law, hospitals have to provide some kind of healthcare whether your insured or not. So who pays for the uninsured? The U.S. taxpayer and the folks that are insured. How? Because health facilities have a budget too, they have to pay their employees, and when people come in getting "free stuff" they have to pass the cost on to somewhere, they do this by increasing the cost of service which the insurance companies pay if you're insured, or the state pays if you're not insured. Which later is passed to the tax payer. That's the system we're getting rid of and moving from.
How will Obamacare help, the one major thing that Obamacare does that will help lower or stabilize your cost of health insurance and lower the cost to the U.S. tax payer is by increasing the pool of the insured. By increasing the pool of the insured we won't have those residual effects of uninsured people going to the doctor. By stabilizing health cost, companies will be able to hire more employees, by stabilizing health premiums, consumers can purchase more goods. With increased consumer purchasing power, is an increase in demand. With an increase in demand, companies will have to match with an increase in supply, and to increase supply, companies will need to increase production output per employee, or hire new employees. Which all comes back to the law of equilibrium (economics).
Now do you get it? Lol
you copied and pasted that nukka! lol! ![[Big Grin]](biggrin.gif)
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Kurgan tuned stroked and blown 347 foxbody. boost nukka!
Posts: 2699 | Registered: Dec 2007
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John91coupe
CAFords OG
Member # 18
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posted
quote:
Originally posted by East Bay 50:
quote:
Originally posted by kingroy:
Some of you still don't get it. Let me start this off by saying there will be lay offs in some low margin industries. Why? Because some can't handle the initial extra cost. Then there's this thing called "law of equilibrium", which refers to supply and demand. A business will only keep as many employees as it needs to maximize profits. If cost go up in one area, they must find a way to reduce cost in another. Insurance is a variable cost, so they will lower this cost by employing less people.
Now, how will this balance out and what does supply and demand have to do with anything. Currently or the way healthcare was set-up previously, a citizen didn't have to purchase health insurance, and an employer didn't have to provide it, but 100% of people used it. And by law, hospitals have to provide some kind of healthcare whether your insured or not. So who pays for the uninsured? The U.S. taxpayer and the folks that are insured. How? Because health facilities have a budget too, they have to pay their employees, and when people come in getting "free stuff" they have to pass the cost on to somewhere, they do this by increasing the cost of service which the insurance companies pay if you're insured, or the state pays if you're not insured. Which later is passed to the tax payer. That's the system we're getting rid of and moving from.
How will Obamacare help, the one major thing that Obamacare does that will help lower or stabilize your cost of health insurance and lower the cost to the U.S. tax payer is by increasing the pool of the insured. By increasing the pool of the insured we won't have those residual effects of uninsured people going to the doctor. By stabilizing health cost, companies will be able to hire more employees, by stabilizing health premiums, consumers can purchase more goods. With increased consumer purchasing power, is an increase in demand. With an increase in demand, companies will have to match with an increase in supply, and to increase supply, companies will need to increase production output per employee, or hire new employees. Which all comes back to the law of equilibrium (economics).
Now do you get it? Lol
you copied and pasted that nukka! lol!
Say it ain't so! The Professor plagarized?!! OMG, what's this world coming to. ![[Frown]](frown.gif)
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D-2R ProCharged R302 331
1.410 60 ft.
5.784 @ 122.92 1/8
8.953 @ 155.08
MM&FF Feature June 2003
Posts: 1361 | From: Grass Valley, CA | Registered: Sep 2000
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KINGROY
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Member # 7736
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posted
quote:
Originally posted by John91coupe:
quote:
Originally posted by East Bay 50:
quote:
Originally posted by kingroy:
Some of you still don't get it. Let me start this off by saying there will be lay offs in some low margin industries. Why? Because some can't handle the initial extra cost. Then there's this thing called "law of equilibrium", which refers to supply and demand. A business will only keep as many employees as it needs to maximize profits. If cost go up in one area, they must find a way to reduce cost in another. Insurance is a variable cost, so they will lower this cost by employing less people.
Now, how will this balance out and what does supply and demand have to do with anything. Currently or the way healthcare was set-up previously, a citizen didn't have to purchase health insurance, and an employer didn't have to provide it, but 100% of people used it. And by law, hospitals have to provide some kind of healthcare whether your insured or not. So who pays for the uninsured? The U.S. taxpayer and the folks that are insured. How? Because health facilities have a budget too, they have to pay their employees, and when people come in getting "free stuff" they have to pass the cost on to somewhere, they do this by increasing the cost of service which the insurance companies pay if you're insured, or the state pays if you're not insured. Which later is passed to the tax payer. That's the system we're getting rid of and moving from.
How will Obamacare help, the one major thing that Obamacare does that will help lower or stabilize your cost of health insurance and lower the cost to the U.S. tax payer is by increasing the pool of the insured. By increasing the pool of the insured we won't have those residual effects of uninsured people going to the doctor. By stabilizing health cost, companies will be able to hire more employees, by stabilizing health premiums, consumers can purchase more goods. With increased consumer purchasing power, is an increase in demand. With an increase in demand, companies will have to match with an increase in supply, and to increase supply, companies will need to increase production output per employee, or hire new employees. Which all comes back to the law of equilibrium (economics).
Now do you get it? Lol
you copied and pasted that nukka! lol!
Say it ain't so! The Professor plagarized?!! OMG, what's this world coming to.
You can stop right there, east bay 50 made a joke, don't go believing it and repeating it. That's how rumors get started. Lol
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2003 Cobra Vert
2005 Prius
Posts: 1642 | From: Vallejo, CA | Registered: Jun 2007
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lxhatch5.0
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Member # 6319
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posted
quote:
Originally posted by AL STOCK:
quote:
Originally posted by kingroy:
quote:
Originally posted by John91coupe:
Professor Roy- This is California Fords dot com not the College of San Mateo. Lol
I'm moving up from Klan Roy to Rev Roy and now Professor Roy. Lol
Congrats on the promotion!
lol cheers!
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*Municipio Yanga Veracruz
Posts: 1555 | Registered: Dec 2005
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rmadison007
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Member # 8670
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posted
quote:
Originally posted by kingroy:
Some of you still don't get it. Let me start this off by saying there will be lay offs in some low margin industries. Why? Because some can't handle the initial extra cost. Then there's this thing called "law of equilibrium", which refers to supply and demand. A business will only keep as many employees as it needs to maximize profits. If cost go up in one area, they must find a way to reduce cost in another. Insurance is a variable cost, so they will lower this cost by employing less people.
Now, how will this balance out and what does supply and demand have to do with anything. Currently or the way healthcare was set-up previously, a citizen didn't have to purchase health insurance, and an employer didn't have to provide it, but 100% of people used it. And by law, hospitals have to provide some kind of healthcare whether your insured or not. So who pays for the uninsured? The U.S. taxpayer and the folks that are insured. How? Because health facilities have a budget too, they have to pay their employees, and when people come in getting "free stuff" they have to pass the cost on to somewhere, they do this by increasing the cost of service which the insurance companies pay if you're insured, or the state pays if you're not insured. Which later is passed to the tax payer. That's the system we're getting rid of and moving from.
How will Obamacare help, the one major thing that Obamacare does that will help lower or stabilize your cost of health insurance and lower the cost to the U.S. tax payer is by increasing the pool of the insured. By increasing the pool of the insured we won't have those residual effects of uninsured people going to the doctor. By stabilizing health cost, companies will be able to hire more employees, by stabilizing health premiums, consumers can purchase more goods. With increased consumer purchasing power, is an increase in demand. With an increase in demand, companies will have to match with an increase in supply, and to increase supply, companies will need to increase production output per employee, or hire new employees. Which all comes back to the law of equilibrium (economics).
Now do you get it? Lol
Finally someone who understands the healthcare concept. We have always had universal healthcare. Obamacare is just reforming it. These companies are just exploiting people's ignorance about how it works.
Posts: 533 | Registered: Oct 2008
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