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Uncle Joe

(58,361 posts)
34. The for profit "health" insurance industry has nothing to do with health, that's one major
Fri Jan 15, 2016, 02:07 AM
Jan 2016

reason along with the exorbitant price of prescription drugs that the U.S. is ranked 37th in the World in regards to our health care system despite the fact that we spend more than any other nation on health care.



Globally, health care spending has increased dramatically since 1980. However, while health care spending increased faster than the economic growth in the late 1990s and early 2000s, it slowed with the onset of the recession in 2009. Based on a recent report, the countries spending the most on health care today allocate between 8.9% and 16.4% of their total gross domestic product (GDP) to health care costs.

Based on "Health at a Glance 2015" from the Organization for Economic Co-operation and Development (OECD), 24/7 Wall St. reviewed annual per capita health care expenditures in countries around the world. The United States spends about $8,713 per person on health care annually, by far the most of any country in the world. By contrast, many countries, including Turkey and India, spend less than $1,000 on health care per person annually.

Health care expenditures cover a wide range of areas, from medical practitioner salaries and costly medical procedures, to pharmaceutical products and hospital administration. Each of these areas also call for varying amounts of resources. Pharmaceutical costs are a major component of overall spending. According to the report, OECD nations spent a combined $800 billion on pharmaceuticals alone in 2013, or about 20% of all health spending.


(snip)

Though the United States spends far more on health care than any other nation, life expectancy of the average American is only 78.8 years, lower than the OECD average and the lowest among the top spending nations. Lifestyle choices in the country may be partially to blame. Slightly more than 35% of American adults are obese, a higher share than in any of the 43 countries the OECD reviewed.

http://www.usatoday.com/story/money/business/2015/11/14/24-7-wall-st-countries-spend-most-health-care/75771044/



There are other factors as well, our lifestyle; high obesity rates, smoking etc. but I would contend economic stress aggravates some of those dynamics as well.

Peace to you, 99th_Monkey.
The two aren't exactly the same Proserpina Jan 2016 #1
+1 daleanime Jan 2016 #3
I believe Bernie's version will improve it and I agree it should be completely portable. Uncle Joe Jan 2016 #4
Huge +1! Enthusiast Jan 2016 #15
Plus your Doctor will say what you need/don't need, NOT your Insurance Company 99th_Monkey Jan 2016 #30
The for profit "health" insurance industry has nothing to do with health, that's one major Uncle Joe Jan 2016 #34
Thanks Uncle Joe for that USA Today article. The cat's out of the bag it seems 99th_Monkey Jan 2016 #35
I'm going to bed shortly as well. Uncle Joe Jan 2016 #36
I support the ACA: we need to buid it: there not votes for single or money lewebley3 Jan 2016 #16
It's certainly what we have. I too think the best we can do right now is build upon it. Hoyt Jan 2016 #27
Medicare is not tied to a state - it is Medicaid that is. As to jwirr Jan 2016 #17
The poorest of the mentally ill, disabled, and the poorest elderly are covered by MEDICAID Proserpina Jan 2016 #18
Very aware of this as it describes my family to a T. But those jwirr Jan 2016 #22
Wanna See "Creaky?" Try Privatization of Medicare e.g., Medicare Advantage Plans CorporatistNation Jan 2016 #29
does anyone know how much the premium subsidies thru the aca add up to? questionseverything Jan 2016 #2
This Iowan would. (nt) stone space Jan 2016 #5
Yes I would. sarge43 Jan 2016 #6
Sock it to me. krispos42 Jan 2016 #7
How does one lose Medicare? pangaia Jan 2016 #8
Er, Medicaid krispos42 Jan 2016 #24
Ok. That I get. pangaia Jan 2016 #38
Sounds great! How do you get there? baldguy Jan 2016 #9
A tax on wall street speculation justaddh2o Jan 2016 #11
Bernies plan requires a Republican victory. baldguy Jan 2016 #12
But that was supposed to be to fund education anigbrowl Jan 2016 #31
Education and healthcare justaddh2o Jan 2016 #39
It is time enough to break the bonds with all the for profit health insurance compaines downeastdaniel Jan 2016 #13
Notice Bernie hasn't said that. baldguy Jan 2016 #14
I believe this about as much as I believe in Trumps beautiful wall anigbrowl Jan 2016 #32
I wouldn't dream of building on sand, and neither would any contractor Proserpina Jan 2016 #19
Hand the GOP a victory. baldguy Jan 2016 #20
Bernie wants everyone to have healthcare. Hillary doesn't. Doctor_J Jan 2016 #21
That's bullshit, and you know it. baldguy Jan 2016 #23
LOVE your sig line! Proserpina Jan 2016 #37
Medicare for all would be building on what we have and Medicare is far more popular than the ACA Uncle Joe Jan 2016 #25
I like the cut of your false dichotomy. Scootaloo Jan 2016 #26
Extremely popular? Mnpaul Jan 2016 #28
As a respiratory therapist for 41 years, I support single payer... MrMickeysMom Jan 2016 #10
K&R nt Live and Learn Jan 2016 #33
In 1993 Meeting, Hillary Clinton Acknowledged "Convincing Case" for Bernie's Health Plan eridani Jan 2016 #40
One could look at that in two ways, either Hillary truly believed Uncle Joe Jan 2016 #41
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