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1. Have you actually read the survey you referenced? It is not just finding random people on the street, it's using "GfK Knowledge Panel® (GfK panel), a recruit
by donald123 8y ago
1. Have you actually read the survey you referenced? It is not just finding random people on the street, it's using "GfK Knowledge Panel® (GfK panel), a recruited internet panel designed to be nationally representative of U.S. households.". You need better argument or evidence to dismiss the survey.
2. The point of the quote is to prove high cost of healthcare overall to the society, not just the employee. In employer's perspective, insurance premium is considered cost of the employee, which has impacts on the employees' wages. So although the statement may not be precise, the point is not wrong.
- eddieplan9 8y ago1. I have. My main point is that the survey is about how people feel about their finance, not actual financial reality as in "one-third cannot afford food, shelter, and healthcare". The survey itself actually says > roughly one-third of individuals have difficulty making ends meet and approximately one out of five sometimes have difficulty paying for basic needs like food, housing, and medical care. So even taking it at face value, the ratio is 1/5 instead of 1/3? And also > while financial circumstances are highly correlated with financial well-being scores, individuals with quite different experiences can arrive at the same score This further indicates the survey is about people's perception about personal finance, not objective financial reality. 2. IMHO, the author's point is not really "US spends a lot on healthcare as a country", but that US is a "rich" country but people are "poor" because they have little dispensable income after paying for healthcare etc. Comparing total insurance premium against household income is a faulty way to support that point. I agree US spends a lot on healthcare, but it's not bad enough to justify labeling US people as "poor".