Comment Healthcare used to be cheap. Believe it or NOT! (Score 2, Informative) 826
Not knowing the average age of posters I'm willing to bet it's somewhere around 30. Well I'm almost 60 and I can tell you that health care used to be cheap. A doctor's visit was $8 and insurance cost me around $30/month but most people didn't need it because we were more fit back then.
So what happened? In one word I'll tell you. Government!
First the government mandated that employers provide insurance to their employees. The insurance companies loved this since it brought them more customers. The side effect however was that having insurance meant that instead of simply putting a band-aid on it people went to the doctor or the emergency room and the insurance company got billed. Higher demand and assurance of payment meant that doctors and hospitals could raise fees. Higher costs forced up insurance rates. Unfortunately the higher costs put more burden on people with fixed incomes and the poor. And lets not forget the unions hand in all of this.
So government created Medicare and Medicaid.
This was fucking great for the doctors, hospitals and even the insurance companies. Doctors and hospitals could charge more for their services and the insurance companies could raise their rates. More money running through the insurance companies means more cash flow, always a good thing.
Meanwhile people began to believe that medical care was a right and not something you had to pay for. The disconnecting of the cost-benefit ratio was removed from the consumer and thrust into the hands of Insurance companies and faceless bureaucrats.
Things went along like that with ever increasing costs and more demands for government to do something. So in order to get elected the knotheads in congress made more poorly thought-out laws. They kept getting elected by knothead voters. And so it goes.
So now, not only is medical care extremely expensive but the government will now force everyone to buy insurance even if they are young and strong and don't need it.
And the costs WILL go up.
Cost cutting won't work and will result in less quality and less availability. Even more of the costs will be taken up by paper(computer)work. I do consulting for a large medical clinic and about 1/3 or more of the staff have nothing to do with providing health care. Their jobs are exclusively doing the work necessary to bill the insurance companies or the government for payment. The billing costs so much that people with no insurance at all get a greatly reduced rate for care.
So everybody, despite all of the assurances from the news parrots and government lackeys, costs WILL go up and taxes WILL go up to pay for it. Either taxes will go up or the debt will go up. My guess is both will go up. Increases in taxes and debt are unsustainable and eventually lenders will stop lending and taxpayers won't be able to pay.
I hear the economy in Argentina is improving.