The Real Cost of Our 'Disease Care' System
Everyone knows health care costs are busting us, as individuals and as a nation. Reform is needed, but the question is whether it will come and whether it will do the job.
Here's how bad it has gotten: Medical bills were behind nearly two-thirds of all U.S. bankruptcies in 2007, researchers said in June. And most of those folks were middle class; most were homeowners; most went to college; most had health insurance. And that data came from before ...
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Another high cost is admistrative overhead and corporate gouging, eliminating these could reduce the cost by 30% or more based on industry estimates of the excess of overhead of for profits vs goverment programs, even non profits have higher admin costs than goverment.