The True Costs of Health Care
What is Health Care in America Really Costing?
By Jeff Musall, published May 09, 2006
Published Content: 289 Total Views: 173,964 Favorited By: 83 CPs
Why, in light of all the money spent, is the system so broken? The simple answer is also money. In every level of care providing, the dollar is the driving force. And more money is eaten up by administrative costs than anywhere else. Estimates vary from a low of 19% to a high of 25% of total health care costs go to the paperwork and management. Entire corporations exist just to manage (and extract profits from) health care. In short, we are the only industrialized nation that doesn't provide health care because we are the only ones who view it as a commodity, for sale for whatever the market will bear.
How did we get into this mess? The mistaken premise that private entities can do better than public ones. The prevailing thought promoting individual responsibility. Conservative opposition to progressive health care. Pure greed. Successful target marketing promoting assorted treatments and medications that really aren't needed. The reasons are many.
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Posted on 08/28/2006 at 8:08:00 AM