SMOKINCHOICES (and other musings)

October 5, 2013

Using Power we ‘gave them’

The True Cost of a Flawed Health Care Paradigm

by Dr. David Belk, M.D.

From Dr. Mercola,  October 5, 2013

Story at-a-glance

  • Americans spend twice as much on health care per capita than any other country in the world; more than 17 percent of US gross domestic product, or $2.7 trillion dollars every year, is spent on health care
  • Despite all of this spending and pill-popping, the US ranks dead last in terms of quality of care among industrialized countries, and Americans are far sicker and live shorter lives than people in other nations
  • A review of US healthcare expenses revealed that 30 cents of every dollar spent on medical care is wasted, adding up to $750 billion annually. Major areas of waste include excess administrative costs, inflated prices, and fraud
  • Generic medications can cost 100 percent less than their brand-name equivalent, and usually cost less than most insurance co-pays. This means you might actually pay LESS by purchasing a generic medication out of pocket
  • Most diagnostic tests and procedures are inexpensive to perform. However, the charges for these tests and procedures typically have no relation to the actual cost. Hospitals routinely bill 10 or more times what they expect to be paid
us health care systemRead Before Paying Your Next Hospital Bill: Could Save You Bankruptcy or Thousands of Dollars   us health care system
Simple lab work done during a few days in the hospital can cost more than a car, while a trip to the emergency room for chest pains that turns out to be indigestion can exceed the price of a semester of college. But the bills are fiction – here’s how to get your money back…
(My Comment: 
This is well done and somewhat humorously presented by a clear-thinking physician.   It has the power to grab us where it hurts however because the Medical system as well as the political establishment  — collectively has the power WE GAVE THEM to use against us.  .  .   and they use it.    We seem stuck, but don’t have to be.      Jan)

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