Fixing U.S. Healthcare blog has claimed the high cost of U.S. healthcare is the Real Problem paying such a high price diverts resources from other important national priorities if left unchecked, these relentlessly rising healthcare costs will seriously weaken the nation over time. Two recent authoritative op-eds support the first two claims, but not the … Continue reading Paying for the High Cost of U.S. Healthcare
One of the most potent objections to government-backed universal healthcare is the problem of free riders. John Smith said in 1608, “he that will not work shall not eat.” Getting something for nothing offends the American sense of fairness. But is this the right way to think about healthcare? Let’s look at free-rider claims and … Continue reading Healthcare Reform: What About Free Riders?
Wages are up 3.2% for 2018, according the Bureau of Labor Statistics. So, why don’t we feel 3.2% richer? It’s because relentless healthcare cost increases are eating up one-quarter of our gains. Gross annual pay increased $1,507, but one-quarter of it was taken right out of our paychecks to pay our healthcare premiums. This … Continue reading Wages Are Up, But Whittled Down by Rising Healthcare Costs
The next time you hit a pothole in the road, blame your local health insurance or hospital CEO. Because your hard-earned healthcare premiums and tax dollars are literally going straight into their bonuses at the expense of infrastructure repair. Exorbitant national health spending produces what economists call opportunity costs. Our healthcare spending takes away not just … Continue reading Healthcare Hits A Pothole – And How to Fix It