One of the biggest causes of the high cost of medical care is the insurance companies themselves. Try to follow this one....
When I was a young lad, we had a country doctor that made house calls. If I or one of my siblings was sick, Mom would call the doctor. Doctor would come to the house and treat the sick one(s). Mom would write him a check when he was ready to leave. Prices were fair and affordable. Hospitals were for REAL emergencies. Sirens actually meant something - unlike today.
Enter the insurance companies. When widespread availability of health care insurance came to be, it was much sought after. Folks that never needed a doctor in their lives were suddenly packing doctor's offices and hospital emergency rooms. Insurance companies were giving blank checks (so to speak) to health care providers. They could charge whatever they wanted and were seldom if ever questioned. Prices that were formerly unheard of became standard practice to the point that the individual could not afford to be without insurance.
Typically, politicians approach the problem from the wrong end. As a result, they end up "fixing" the part that was not "broken" in the first place - and NOT fixing the part that NEEDED fixing.
Overall, the health car industry makes up about one SIXTH of our GNP. Turning it over to government will only make it more inefficient and ineffective. Regulation in some areas would make sense. Especially the pharmaceuticals. After all, is there anything that the government does well or efficiently???
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Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
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