Posted by Edd in KY on February 22, 2013 at 07:45:09 from (98.19.144.180):
Both long and OT...but relavent to everyone.
What do you buy without checking the price?
MEDICAL SERVICES
Because in most cases you can not check the price!
My experience;
Fellow that worked for me on the farm for 8 years, was one of those that fainted at the sight of blood, especially his own, and if he hit his finger with a hammer he would roll on the ground and cry for 15 minutes then pop up and go back to work as if nothing had ever happened. He got hurt by a horse and went into this mode. Someone called 911. EMT’s came and of course took over, took him to University Hospital. This happened at noon, he was home at 5pm, back to work happy and singing at 8am the next day. Got some stitches in his ear. My workman’s comp bill was $8000.
Friend’s mother was terminal with lung cancer, no more than 30 days to live. Hospital insisted on installing a pacemaker. Lots of stories like this abound. Had similar situations with my dying mother and dying aunt.
Where is the price competition that makes our food, cars, parts, …everything, more affordable?
I am on Medicare, so personally I am covered, but I am concerned about my countries ability to pay these outrageous bills. Healthcare costs have risen about 8% per year for the last 10 years while wages have been stagnant and inflation is 1 or 2 %. Now 22% of GNP.
Our kids can not have a decent life, and buy like we did, cars, houses, clothes when their healthcare is so expensive. 60% of all bankruptcies involve medical costs.
Anyway, I came across an article from TIME Magazine that explained in detail about health care costs. What an eye opener and scary that no one is controlling what is happening in the hospitals and testing labs. It is not the doctors…it is the medical industry. With no price competition,. … the sky is the limit.Lots of case studies and examples. It did give me much more respect for Medicare’s negotiating power.
If you care about the future of our country and your children, you need to read this. It certainly opened my eyes.
Google this article: Bitter Pill: Why Medical Bills Are Killing Us By Steven Brill Feb. 20, 2013 Time magazine
It is a very long and well researched article but reading only 2 or 3 pages was enough to open my eyes.
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