New study shows Americans pay the most for health care while getting the least care for it by Tod Perry January 11, 2019 https://www.facebook.com/groups/493...570144095572¬if_t=group_activity&ref=notif Americans in the know have no doubt the general theme of the article strikes the chimes of "yes!", you bozo right wing red necks. As the old British crime villain yelled at his wife, "It's money!", when she wanted to return it to the rightful owners. And the medical, health, insurance, and phara companies feel the same way!! We Americans "American spent $9,892 which was 25% higher than second-place Switzerland. U.S. citizens spent 108% more per capita than Canada ($4,753) and paid an average of 145% more than the Organization for Economic Cooperation and Development (OECD) median of $4,033." ". . . “In spite of all the efforts in the U.S. to control health spending over the past 25 years, the story remains the same—the U.S. remains the most expensive because of the prices the U.S pays for health services,” the study’s lead author, Gerard F. Anderson, PhD, said. “It’s not that we’re getting more; it’s that we’re paying much more,” Anderson says. We pare "U.S. residents pay more for many medical services, prescription drugs, and administration costs. Our healthcare practitioners have higher salaries as well." And where aere the doctors? In fact, "per capita in the U.S. Researchers found that in the U.S. there were only 7.9 practicing nurses and 2.6 practicing physicians per 1,000 people. While the OECD median is 9.9 nurses and 3.2 physicians per 1,000 people. Even though the U.S. is paying more per capita, our average life expectancy is lower than its peer nations. According to a report in CNN, the average life expectancy in the U.S. is 78.8 years, compared to an average of 81.7 for peer nations." Our new borns die at almost "nearly six deaths out of 1,000 live births, compared to an average of 3.6 deaths reported by peer nations." And we simply do not invest nearly as much in the health of poor people as we should. It would be cost effective if we did, in terms that we would pay much less on the other end of the life cycle of a person. And Senator Rand Paul went to Canada to get care for his back because it is better care and cheaper care than the out of pocket he would have had to pay in America.
I would venture an assertion here that the vast majority of money that one pays for today's health care is created by the use of regulatory overhead that doctors and health provides must produce and maintain that doesn't actually relate to patient health or care. Cost of care is influenced by artificial costs like liability insurance. Cost of care is influenced by reimbursement rates defined by government which are influenced by..... the medical health care lobby.... what a vicious circle jerk we have going on...
I suspect this is only half the truth. The other half of the truth is that Americans do get what they pay for, on an individual level, but it doesn't seems like that when agglomerating everyone into a group. (i.e. you are falling prey to the fallacy of composition) economic aspect of this is discussed in this thread: Why the U.S. spends more money for worse outcomes
Current Health Insurance is a rip off for sure. Obama care didn't fix the problem but made it worse because it did not regulate the Insurance companies but gave them money if they didn't make a profit on Obamacare plans. And did not regulate what they could legal do regarding corporate, small business and individual(non obama care plans). There should have been two pieces of legislation. That for patient protection and affordable care. And that for Insurance regulation and cost. But they couldn't do that because health insurers would have not provided insurance under obamacare.
this is real facepalm moment for anyone from another peer country, peer countries that have better outcomes for less cost...choose any peer countries system and you have an improvement in cost and outcome, it's a no brainer
