March 1st, 2013 – People often ask how can healthcare possibly cost as much as it does. If you ever wanted to know how simple lab work done over a few days in the hospital can cost more than a car or maybe how a trip to the emergency room for chest pains that turn out to be indigestion can cost more than a semester at college it’s all here in black and white.
Time Magazine’s Steven Brill has written one of the most accurate and disturbing exposes on healthcare in America ever written. It’s called, “Bitter Pill: Why Medical Bills Are Killing Us.”
Steven Brill spent 7 months analyzing hundreds of bill from hospitals, doctors, drug companies and medical equipment manufacturers to find out who is setting such high prices and who is pocketing the biggest profits.
Why Every American should read this. This article is important because it explores, in considerable detail, a major source of our nation’s fiscal problems: Out of control health-care spending, which now make up nearly 20% of American’s gross domestic product. This should be a non-partisan issue as it affects nearly all Americans on many levels.
This problem is massive and also nearly completely unaddressed by ObamaCare, so we really need our government’s help. Maybe lawmakers will step up to the plate, but understand that change won’t occur without relentless prodding from the citizens as the health industrial complex spends triple what the military industrial complex spends lobbying in Washington.