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Are_grits_groceries

(17,111 posts)
Tue Mar 20, 2012, 07:57 AM Mar 2012

10 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.
<snip>
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.

<snip>
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.

<snip>
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:

Blankfein was born in the Bronx borough of New York City to a Jewish family[1] and reared in Brooklyn's Linden Houses, part of the New York City Housing Authority.[citation needed] His father was a clerk with the U.S. Postal Service branch in the Manhattan borough of New York City[2] and his mother was a receptionist. As a boy, he worked as a concession vendor at Yankee Stadium. He received primary and secondary education in the public schools of the New York City Department of Education, and was the valedictorian at Thomas Jefferson High School in 1971.


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!















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10 Ways to Visualize How Americans Spend Money on Health Care (Original Post) Are_grits_groceries Mar 2012 OP
Great visuals... rgbecker Mar 2012 #1
U.S.A. is number one in health care ! Bosso 63 Mar 2012 #2
The Uniquely American Solution! bvar22 Mar 2012 #3

bvar22

(39,909 posts)
3. The Uniquely American Solution!
Tue Mar 20, 2012, 01:31 PM
Mar 2012

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.
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