Thursday, December 06, 2012

Cost Of Health Care

Obamacare improved and extended health insurance coverage in this country. But there is one thing it did not do, and that was one of the most important things that needed to be done. It did not lower the cost of health care in the United States. And as the graphic above shows, people in the United States pay more for their health care (and their drugs) than people in other developed nations. But then most of those countries have single-payer health insurance, or at least let the government negotiate prices with health care providers (and drug companies) -- and the health care providers in those countries don't have to fight constantly with a multitude of private insurance companies to get paid for their services (or have to worry about whether those services are even covered by insurance).

Obamacare did some good things, but it did not fix our broken health care system. How long is it going to take Congress to finish the job?

2 comments:

  1. Congress?!? LOL. First, we need to elect some people who are not in the pockets of the big medical, insurance, and drug companies.

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  2. How many times did Obama use the term "bebd the cost of health care" when talking about the misnamed "health care reform" which is actually all about private health insurance? Clearly, it is doing exactly that, but bending it in favor of the medical industry. The result is that everyone nuys health insurance so that more medical care is provided at higher cost. Awesome.

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