General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums10 Ways to Visualize How Americans Spend Money on Health Care
What's getting expensive the fastest? According to the Bureau of Labor Statistics, which includes detailed inflation data on hundreds of categories of goods and services, no price index is rising faster than hospital services.
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1) U.S. AGAINST THE WORLD: SPENDING VS. LIFE EXPECTANCY
We spend much, much more per person than the rest of the world ... but we don't live much longer than some eastern European countries that spend much less than us. As a result, when you plot the United States against similarly advanced countries based on life expectancy and medical spending, we're all alone on our little island.
2) U.S. AGAINST THE WORLD: GROWTH IN SPENDING SINCE 1980
Other advanced countries are seeing incredible medical inflation on a per capita basis ... but nobody's 30-year inflation rate quite matches the United States'. Norway and Switzerland come the closest.
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4) HOW THE $2.3 TRILLION GETS SPENT
The BLS finds that hospital costs are rising more than twice as fast as wages ... but those only make up about a third of total health expenditures. Slowing the growth of health care spending would require squeezing many of these slices of the pie at the same time by, for example, increasing the payoff of investments, making hospitals more efficient, reducing doctor pay, and making prescription drugs less expensive.
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More: http://www.theatlantic.com/business/archive/2012/03/10-ways-to-visualize-how-americans-spend-money-on-health-care/254736/
Congress, the PTB, and others in the hierarchy don't have to worry. They either have great health care plans or they can afford to pay when faced with health problems.
They have no clue how these numbers affect the majority of people. A lot of them don't come from wealthy families. They sure do forget what it was like.
Lloyd Blankfein of Goldman Sachs is a perfect example:
He has been one of the biggest offenders in the Wall Street mess. He cares not a whit for those who came after him. ASSHOLE!
rgbecker
(4,834 posts)You'll want to check this out...take the time and get up to speed.
Bosso 63
(992 posts)As interpreted by FOX.
bvar22
(39,909 posts)In every civilized country in The World,
Health Care is a basic Human Right protected by their governments,
NOT a commodity to be sold to the highest bidders by For Profit Corporations.
ACA (Obamacare) hasn't changed that,
and "Medical Bankruptcy", a term unknown if civilized countries,
will STILL be Big Business in the USA even after all the provisions of the ACA have been activated.
We could have copied a successful plan from any of the Civilized Countries,
but NO.
We had to have a "Uniquely American Solution."
You will know them by their WORKS,
not by their excuses.
[font size=5 color=green]Solidarity99![/font][font size=2 color=green]
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