UHS CEO on Health-Care Reform

" Continue this discussion folks we're joined now. By the chairman and CEO of universal health services Alan Miller for a best on Fox Business interview Alan. In the journal today you wrote this you said that the single Payer system. And the systems have proven to be holding an out of what a candidate and the UK. And that most people in America are satisfied with the care they receive so it is important that we take the time to fix only the parts of the system. That need of repair what parts of that system."

" Well there's not enough coverage. Some people don't have health care coverage and that should be addressed. Part of it is a small business. They. Don't have any clout when negotiating for -- the premium is a very high. And so sometimes they just don't have coverage I'm talking about order repair shops bakeries shoe makers if they were allowed to band together. And why across state lines. The estimate is that fourteen million people who don't have coverage or have more coverage could join the ranks of the insured."

" Well let me ask this of the administration's is that they need to come up with that in this public option that's that's really it become the center of the debate now -- saying throughout America. They're saying that this will make insurance industry your industry. More competitive in the president is really beginning to single out. Folks like you that a lot of the hospitals and insurance programs they're saying basically you're making too much money on the backs of average Americans how he responded that."

" Well there's a lot of things to say about that first of all Medicare doesn't pay even the cover of course. The money we get to stay in business to buy the equipment to buy the technology. Come from the insurance. People -- rates we negotiate with the insurance market -- thirteen hundred insurance companies are not insurance business. I'm a provider I have to negotiate with these people."

" Okay able them though that the but they're going to come back to you and say the insurance company the city of administration we'll Sadie U. It's your charging three dollars for an aspirin -- monitor how well."

" All you don't know well. That's an effect."

" They might say that but the issue is that the cost of the care we -- is sufficient the very efficient what people got for the money is very. Efficacious. And I don't think that's the issue I think the government would like to take over the health care of business the -- Ultimately. The article I wrote talked about. The public option. The public option would. Undercut the insurance companies people making rational decisions in business would move their employees into. The public option to save money you couldn't blame them. But it at that point. That the insurance companies would collapse."

" But not your business that was a for profit business -- how to impose the year's second quarter results and not only did you. Be your estimate your revenue was harbor at 3% for the quarter but you also up your full forecast for the improper purpose. The second quarter bringing it was pretty good first quarter pretty good that everything you know what's so fixing the symbol -- health -- industry you should be making money."

" you want to talk about whether we should have profit in the United States of America that's another issue. If you want to talk about giving good quality health care doctors bring that patients who -- we do real good job and that's -- they come."

" If there was one thing that you if if if its -- they came to you and said look we've got the got a lower costs across the what we're not going to the public option. -- that's off the capable we're going to go through we're -- everybody's got to cut costs view the hospitals the insurance companies the doctors all across the war is that is now possible."

" Yes yes yes yes that's the that's really at a point in my article but fix -- have to be facts let's not throw the whole system away when it is the end of the world. People come here for health care if they can afford it to travel they don't go we don't go anywhere else and I think America has the best health care in the world. We have to which expand that to cover certain people and that can be done for example. If you allowed pilots said the small business to buy across state lines that would be helpful if you addressed the trial lawyers. If you do all of them are out tort reform and I got would be very helpful that would. -- reduced considerably. Our defensive medicine. It would reduce the cost of a litigation. And the awards. I'd just eliminate the punitive damage part not enact economic. Reimbursement stand. That would go a long way to open to anything by the way it's not on the table."

" It was not on the table but. Everything is on the table around the crowd and head back that he was talking to the American Medical Association. Is that -- where. That period that we need to look at that and then that that was the analyst Alan Miller this debate is going to continue to love to have you back on fox is it's great to talk to you -- do it right right back -- telecommuters health service. "