Thursday, October 17, 2013

Our healthcare system was broken, remember?

I enthusiastically subscribe to the aphorism "if it ain't broke, don't fix it!"  But our so-called system has been broke for a long, long time. Below is from the Economic Policy Institute & it's very clear.

I tried to explain this to a young yoga enthusiast from Montana last week 
but I forgot to discuss valueI should have told her:  beyond the humanitarian angle; beyond the economics and ethics of allowing profiteering in medicine, there is a fundamental question of value. On that aspect of healthcare reform, please read and consider:

thanks, Tom Toles
We don't get a good return on investment. It's broke. That's why we're fixing it.

p.s. I found another telling graphic from Carrington College at blog The Doctor Weighs In - check it:
The explanation for the increase in healthcare cost in America is multifaceted, as are the possible solutions...job-based health insurance premiums grew $138% between 1999 and 2010, exceeding wage growth in the same period by 42%

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