Wednesday, February 08, 2017

The Patient Protection and Affordable Care Act (also known as Obamacare) is not the reason for rising health costs.

The bloated costs in the USA was built by wealth leaving the poor without healthcare or substandard healthcare.

We are now faced with the same wealthy that created the bloated system in the first place.

2011

Rising health care costs (click here) are a problem across the industrialized world, but they are higher and rising faster in the United States than in other industrialized countries.  The Commonwealth Fund, a non-profit foundation which researches ways to improve health care, produced this chart showing the rise in health care costs in 11 leading industrial countries.  Even though we Americans spend more per person than the other 10 countries, these countries have broader coverage than we do.
An estimated 42 percent of Americans last year went without health care they thought they needed because of cost.  This included 68 percent of those without health insurance, and also 31 percent of those who supposedly have adequate health insurance....