Seth Borman

21.9K posts

Seth Borman

Seth Borman

@SethBorman

Real estate. Cofounded a medical clinic. Former artillerist. Henry George was right. Non-subscriber to pagan Caesarism.

Phoenix, AZ Se unió Eylül 2013
907 Siguiendo587 Seguidores
Seth Borman
Seth Borman@SethBorman·
@uriahz @mcuban @StrikeDebt No, there aren't. When you can come up with a country in which you'd rather have cancer or a heart attack, be sure to let me know. People travel from all around the world to be treated here.
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UZ
UZ@uriahz·
@SethBorman @mcuban @StrikeDebt Ain't no unregulated health care system that has better outcomes, but there's lots of nationalized systems that have better outcomes.
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The Debt Collective 🟥
See, when you make a very strong argument like "Medicare For All saves lives" or "Medicare For All saves money," it's so unbelievably hard to combat the net positive benefits of M4A that the only lasting retort is to respond with something silly like this. It's to distract.
Mark Cuban@mcuban

Who runs it ?

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Brooklyn Fletch
Brooklyn Fletch@bklynfletchIV·
@mcuban @StrikeDebt M4A seems like even more crowded hospitals and longer waits for doctor. When do we get more doctors ans hospital beds to cover the 'A' part?
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Seth Borman
Seth Borman@SethBorman·
@uriahz @mcuban @StrikeDebt Health care has been a train wreck at least since the 1960s and arguably since the 1940s when the government first inserted themselves into it.
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UZ
UZ@uriahz·
@mcuban @StrikeDebt We spent most of the last century successfully putting very competent non-partisan leaders in charge of all sorts of things. Just because Trump made the federal government an absolute train wreck doesn't mean it's impossible to have good governance ever again.
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Seth Borman
Seth Borman@SethBorman·
@MVargo6 @gatnerd 5.56x30 MARS would be a better starting point. I would expect a 55 grain bullet at 3,000 FPS from a 10" barrel.
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MVargo
MVargo@MVargo6·
@gatnerd I wonder what 85KPsi on a 40gr 5.7 out of a 10" looks like. (Assuming you upgrade everything to handle the increased pressures.)
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Gatnerd
Gatnerd@gatnerd·
Knox High Efficiency Cartridge = 5.56 Using High Pressure, they were able to duplicate 5.56 ballistics in a much smaller round, allowing for 50rd magazines and 30% less ammo weight. A much more interesting option than making legacy calibers more powerful.
Gatnerd tweet media
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Seth Borman
Seth Borman@SethBorman·
@jldobrinsky The big question is why insurance companies are so price insensitive. They pay $60 to an independent primary care doctor that can direct patients to a $300 MRI, and they pay $400 to an HOPD that directs them to the HOPD MRI at $2,000. Why?
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Jessica Dobrinsky
Jessica Dobrinsky@jldobrinsky·
Last week I shared this article. The author argues that health insurers are not the source of every problem in American healthcare. I do not agree with every argument it makes, but I shared it for this: its financial analysis of insurers. Here it is again. If UnitedHealth gave every dollar of its profit back to patients, it would only cover about 9% more care than it does now. Even if you added executive salaries, the impact would be almost unchanged. This is not to excuse insurers. They are far from blameless. Insurers deny claims, restrict networks, and force patients to fight for coverage they have already paid for. Some of these practices cross the line into predatory behavior. But the amount you owe is not set by the company that sends you the bill. Insurers deliver the bill, but the price was determined long before, by whoever holds the power to set it. In much of West Virginia, that power rests with hospital systems that face little or no competition. On average, only about two cents of every dollar a hospital receives comes directly from a patient’s pocket. Patients rarely see the price before they need care, and those setting the price have little reason to keep it within reach. When a hospital acquires a clinic or outpatient facility, the cost of appointments can rise almost overnight. Medicare pays higher rates for care delivered inside a hospital than for the same service in an independent clinic. In West Virginia, the lack of competition makes this even clearer. Imagine the only gas station for fifty miles. With no rivals, there is no reason to lower the price. Hospitals shielded from competition in West Virginia operate much the same way. The regulation that can prevent a second hospital from opening is called the Certificate of Need. Read about a case going on right now: jessicadobrinsky.substack.com/p/stuck-in-the… It is just as important to see who is not responsible. Your doctor does not set the price, and neither does your nurse. In West Virginia, the labor of caring for patients at the bedside is only about a quarter of what hospitals spend. Nationally, two-thirds of hospital spending goes to things other than direct patient care. Much of that money is spent on administration, overhead, and executive pay. At tax-exempt hospitals, median executive compensation rose by more than 23% in just four years. The nurse starting your IV did not make that decision, and she does not see your bill any more than you do. So when you come across an article urging readers to stop blaming insurers, it is half right. Do not expect insurer profits to solve the problem. There is not enough money there, and the bill was set before the insurer ever saw it.
Jessica Dobrinsky tweet media
Jessica Dobrinsky@jldobrinsky

Really important read. Many mischaracterizations of the U.S. health system, chief among them that insurers are the root of our ills. Insurers are not without fault, of course, but pricing power shapes the system we see today. People will disagree on the solution, and I respect that (even as I hope my own work makes the free-market case), but the diagnosis has to come first, and that diagnosis is pricing power. open.substack.com/pub/noahpinion…

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Arpit Gupta
Arpit Gupta@arpitrage·
I actually think a more evenly distributed wealth distribution would result in more “pro business” political influence because a larger section of voters views it in their interest
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Seth Borman
Seth Borman@SethBorman·
@brklynmind @thebiggest1500 @arpitrage Here is one near you, the consult and follow up are $125. I can do this for radiology as well if you'd like to talk about $300 MRIs, and labs if you want to discuss $4 labs
Seth Borman tweet media
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Brooklyn Mind
Brooklyn Mind@brklynmind·
@SethBorman @thebiggest1500 @arpitrage Lol yeah $950... Where at the animal clinic? Its more like 2k for just the procedure plus the prep plus the anesthesia. . Add the consult, etc its easily over $3k, if its perfectly clean. Like I said , you are completely out of touch
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Seth Borman
Seth Borman@SethBorman·
@HumeralO My wife had our first during PGY-1 year, the baby was a pretty minor impediment to sleep compared to the residency.
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Glen O'Humeral
Glen O'Humeral@HumeralO·
If I were a residency program director, everyone would have to spend a month raising a newborn before starting residency. If you can survive the sleep deprivation of a newborn, you can survive the sleep deprivation of residency.
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Blade Doc
Blade Doc@BladeDoc·
@SethBorman @asymmetricinfo They need to get the laws changed first. Even in those places where NPs have independent practice they can't practice radiology independently.
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Dylan Malyasov | 🧐
Dylan Malyasov | 🧐@DylanMalyasov·
Lockheed Martin unveils HIMARS FLEX at Eurosatory 2026: dual-pod config doubles munitions load, adds PAC-3/IFPC air defense roles, optional autonomy via FLEXFires ecosystem. Compatible with GMLRS, ER GMLRS, PrSM, ATACMS. defence-blog.com/lockheed-marti…
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Seth Borman
Seth Borman@SethBorman·
@bobbyfijan I think it makes sense for the SFR scale, there is a developer doing scattered site affordable with SFR in South Bend, IN using the zoning code and pre-approved houses that the city commissioned. But that's not a production builder in a place where they are doing big projects.
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Bobby Fijan
Bobby Fijan@bobbyfijan·
Yes "time is money" when it comes to lowering housing costs ... but it's a portion of the budget. The biggest part of the budget is construction costs And infill vertical development is significantly more expensive to build than detached single family
Bobby Fijan tweet media
Aaron M. Renn 🇺🇸@aaron_renn

Financial Times: Why is America’s capital of cheap retail becoming so expensive? - "The cost of housing in Walmart’s base of north-west Arkansas has shot up by 60 per cent in the past five years" ft.com/content/2f52ed…

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Seth Borman
Seth Borman@SethBorman·
@brian_blase If you think health insurers should be agents of or fiduciaries to anyone other than their shareholders, the setup we have isn't the one you might want.
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Seth Borman
Seth Borman@SethBorman·
@brian_blase An insurance company is not an agent of a plan sponsor or member. They have no responsibility to save anyone money, and they often aren't incentivized to do so financially either. This was the great innovation when we went from mutuals to publicly traded insurers.
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Brian Blase
Brian Blase@brian_blase·
My expectation was for this outcome. Here's one reason. Providers have much clearer incentives to win than insurers. Providers clearly benefit financially when they win. Insurers are somewhere between imperfect and terrible agents for the principal (the plan sponsor). They have much less financial incentive to win in arbitration.
Loren Adler@LorenAdler

CBO wants research analyzing the impacts of the No Surprises Act on health care costs. While they originally estimated the law would ↓ premiums, that relied on the assumption that IDR outcomes would be close to prior in-network rates. Instead, outcomes have been far higher.

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Brooklyn Mind
Brooklyn Mind@brklynmind·
@SethBorman @thebiggest1500 @arpitrage You are so out of touch its embarrassing . Do you know how much the avg American has saved in their bank account , do you knkw how much a colonoscopy costs w/o ins. Im done with this debate. You dont have a clue what you are talking about
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Seth Borman
Seth Borman@SethBorman·
@yorkshire_lewis @2805662 Abrams has had so many engine programs over the years that you can pick a different engine pretty easily, I think the MTU 883 and 890 were prototyped, the LV 100-5 was never finished, there's an opposed cylinder project and a Caterpillar diesel.
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Lewis
Lewis@yorkshire_lewis·
@2805662 Abrams is such a bad option for the UK. Leopard II, if it's an off the shelf purchase. The UK evaluated Abrams and the economics of it, and that crazy expensive turbine engine is no good for UK spending or needs.
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Seth Borman
Seth Borman@SethBorman·
@WAHealthEnroll There's no mechanism besides competition that can get them to change their management practices. The management they have today reflects the management systems in place to deal with CMS and private insurance already.
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LivingInsurance
LivingInsurance@WAHealthEnroll·
@SethBorman UH, I was actually pointing to the opposite when I used the term "management heavy" but do go on if you have something worthwhile to add.
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LivingInsurance
LivingInsurance@WAHealthEnroll·
If we want to drive down cost then how hospitals conduct business will have to be evaluated and possibly changed. Are they over using travel nurses? Are they upcharging private insurance? Are they management heavy? Are patients getting their money's worth?
Larry Levitt@larry_levitt

New federal data shows hospital revenues increased 7.6% in the first quarter of 2026 compared to 2025. Hospitals continue to be the biggest driver of health care cost growth.

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Seth Borman
Seth Borman@SethBorman·
@edwards183 @kharyp $25k is the average for a family. I didn't make that number up. Regardless, either way they'd be taxed on it.
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Edward S.
Edward S.@edwards183·
@SethBorman @kharyp They wouldn’t get that 25K in their pockets because the companies who employ 67% (self-funded plans) don’t pay anywhere near that amount. A better idea would be ending/limiting employer/employee tax deductibility in addition to limiting some of the ACA mandated benefits.
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Khary Penebaker
Khary Penebaker@kharyp·
Tie health care to the job and you trap people in jobs they hate, afraid to start a business or change careers because a diagnosis would bankrupt them. We built a leash and called it a benefit. Cut it loose.
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Bob Smith
Bob Smith@smithbob_·
@scandlenjosh Kids today demand much more home. Our 1st mortgage was at 10% interest, on a $100K balance, largely due to us 1st saving up a very large down payment. Delayed gratification, another foreign concept these days. BTW, we still live in that home several decades later.
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Josh Scandlen
Josh Scandlen@scandlenjosh·
Going through my mom's stuff and found an old mortgage statement from 1977. 25 year term at 8.75% for the $15,500 house on Peaks Island, Maine. The idea that "kids today" are so much worse off than previous generations is silly. Yes, housing costs are more expensive today than 10 years ago. But come on, today isn't extreme. This higher you are on this graph the more affordable housing is. @texasrunnerDFW
Josh Scandlen tweet media
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