Tuesday, January 10, 2006

healthcare expenses up - no improvement in system

From Kevin Drum
-HEALTHCARE: STILL A PROBLEM....To absolutely no one's surprise, overall healthcare costs rose at a breathtaking rate yet again last year. Healthcare now accounts for 16% of U.S. GDP, compared to about 10-11% in our nearest competitor.

And what do we get for all that dough? Not much. Healthcare quality rose only marginally, which means we still suck on virtually every aspect of healthcare compared to industrialized countries with sane national healthcare policies.-
Essentially that is saying that Americans with insurance are donating about 5% of U.S. GDP to the insurance companies which ADD NO VALUE TO OUR HEALTHCARE SYSTEM.


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