4 ms·
I think you are oversimplifying. Everything related to health care in the US is more expensive then anywhere else, from personnell to medication and supplies, t
by cmiles74 7y ago
I think you are oversimplifying. Everything related to health care in the US is more expensive then anywhere else, from personnell to medication and supplies, to equipment. Cost is exaggerated at every step... Unecesary tests and procedures are part of the problem, bet even necessary procedures have costs associated that are inflated.
Yes, some costs come down when insurance actually pays. But this still doesn't bring costs down to amounts that we see in Canada.
More and more no one can pay for healthcare anymore. Perhaps it will cost $3 trillion the first year but costs will drop as prices standardize and we start to see care become predictable. The alternative is prices that continue to rise with more and more bankruptcies and, eventually, more deaths due to lack of care. Even the insured cannot continue to afford these rising costs.
Wealth transfer... from where? The federal budget seems plenty big. $700 billion was transferred to banks staring in 2008, $4.6 trillion was paid out in eight years. I'd prefer a proactive solution, perhaps it will cost less in the end then our current plan to do nothing and fight what little regulation has been put in place.