The simple answer is that the providers of health care are simply making too much money. Health care is a $2-trillion-a-year business. It’s the biggest business in the United States. During the latest financial melt-down not one health care insurance company, drug company or medical device company rushed up to the government asking for a bail-out. Why? They are essentially recession-proof.
When you hear the term “health care reform,” it really means “insurance reform.” The health care insurance industry knows that everyone doesn’t like the fact that they are getting third-world overall health care for top-tier pricing. So to head off a true revolt, they simply are rearranging the deck chairs on the Titanic, giving the appearance that health care costs will come down in the future by eliminating waste in the system. Yet it is through that same waste that health insurance companies make their money. It is the same type of administrative waste that makes government bigger each year with fewer and fewer true services to taxpayers. It’s the nature of any bureaucracy that only survives by continued growth.
Tuesday 29 September 2009
Why Real Health Care Reform Is Impossible ☀
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The simple answer is that the providers of health care are simply making too much money. Health care is a...
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