3 ms·
Read it this weekend: I'd love to see a response from the health care industry that wasn't hand waiving. If he's right on 50% of his facts, it is disgusting how
by wiremine 14y ago
Read it this weekend: I'd love to see a response from the health care industry that wasn't hand waiving. If he's right on 50% of his facts, it is disgusting how the system works.
- Alex3917 14y ago"If he's right on 50% of his facts, it is disgusting how the system works." There were only a handful of actual statistics in there. The one thing he is wrong about though is that healthcare isn't "roughly 20% of the GDP", rather it's about 17.9%. The furthest out cms.gov gives yearly projections is to 2021, and even then healthcare is only supposed to be 19.6% of the GDP. And I think that might even include things like herbal supplements 'other non-durable medical supplies', I'm not positive about that though. Source: https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/NationalHealthExpendData/Downloads/Proj2011PDF.pdf https://www.cms.gov/Research-Statistics-Data-and-Systems/Sta...
- Falling3 14y agoFacts are more than just statistics. There were numerous statements about (what seems to be) gross, gross overcharging on everything from pens to surgical gowns to diagnostic equipment. There were the exorbitant salaries and let's not forget the chargemaster.
- wiremine 14y agoExactly: that's the part I'd like to see a rebutted (if there is a rational rebuttal). The ad-hoc nature of their pricing model seems crazy.
- adjwilli 14y agoIsn't 17% roughly 20%? Or rather, isn't 17% roughly a fifth?