Wednesday, July 6, 2016

What’s wrong with American health care?

This question was asked by Tim Bolen of Rick Jaffee, prominent defense attorney, for the Bolen Report.  I am going to paraphrase Rick’s answers with some of my own comments:

--The US has the most expensive health care system in the whole world.

--643,000 people go bankrupt each year due to medical bills.  Britain, France, Japan, Germany, Canada, the Netherlands, and Switzerland each had no one go bankrupt for this cause.

--Many countries have better health care statistics than we do in the US.

--New technologies and drugs are developed and researched primarily in the US, but are often too expensive for patients to utilize.

--We continue to choose to let a significant portion of our population live without adequate health care.  We pay too much for too little.

--Big Pharma (Drug companies) often raise prices for drugs by huge amounts without justification.

--Insurance companies refuse to pay for therapies that are effective.

--Diet, exercise, and stress reduction are not routinely provided for patients.

--Hospitals charge huge mark-ups for their services.

--Even single payer health insurance will not work because costs are out-of-control and are not connected to regular market forces.

--Doctors ignore nutritional supplements, which can be effective and very safe.

--Defensive medicine, malpractice lawyers, and federal regulators have combined to greatly increase the cost of medical care, while making medical practice much more difficult to provide.

See for more details.

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