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The Truth About Health Costs

Public health programs account for almost half of the $2 trillion spent on U.S. health care, a Hoover Institution report says. An astonishing 80% or more of all medical-care pricing is based on government reimbursement rates set by Medicare.

As for private costs, they would be lower if government didn’t interfere in the market. Regulations imposed on the industry cost more than $330 billion a year, Hoover says.

Perverse tax policies have created a third-party payer system. Patients no longer have first-dollar responsibility for medical bills thanks to employer insurance.

Someone else is paying, so inflation goes unchecked and unabated. […]

So if Uncle Sam made health care so unaffordable, why do so many voters like Democrats’ plans to expand government control of health care? Because they’ve bought into the myth that the private sector has failed and begs for government rescue.

Democrats’ solution to this failed government-heavy system is more government in the form of mandatory health coverage. Public plans offered by Hillary Clinton, John Edwards and Barack Obama all boast of “using government to lower costs and ensure affordability for all.”

But if you think health care is expensive now, just wait until government makes it “free.”[…]

There’s more, but I couldn’t have said it better myself.

5 Responses to Health Care Plans Belong in File 13

  • Angel says:

    So if Uncle Sam made health care so unaffordable, why do so many voters like Democrats’ plans to expand government control of health care? Because they’ve bought into the myth that the private sector has failed and begs for government rescue…….Exactly!..well said my friend!

  • hillbilly says:

    Angel, the simple answer is the Democrats have a problem admitting they’re wrong on anything. Instead of going back and rethinking where it went wrong, they have a tendency to blame others and slap more bandaids onto the problem hoping that it will heal itself.

    Goat, I didn’t know that was a particularly southern idiom. It’s one I grew up with all my life. Is that why people from the north always looked at me funny when I said it? 😆

  • BB-Idaho says:

    My medicare part D drug insurance has gone up 100% per year over the 3 years since I signed up.
    By mandate, that is a private healthcare plan. I am
    sick of paying for idiotic TV ads for prescription drugs and I am more than sick of paying for some bloated insurance CEO whose goal is to make ever more and more $$. As far as I’m concerned the private system is sinking in it’s own greed. So, even though I am not one of the 50.000,000 with no insurance at all, I’m, for universal healthcare. I’m sure we disagree (after all,
    HB, you’re not a closet liberal!) but sometimes ranting
    is good for the soul…..

  • Kathy says:

    I would not expect Hillary who is owned and operated by the owner of Progressive Insurance to make any changes to end greed. I expect her prescription is to throw the cost on the backs of the taxpayer – not to thwart greed.

    She will endorse the greed of those who fund her.

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