Sunday, August 21, 2016

"...the most fabulously overpriced health care system in the world delivers notably poor life expectancy outcomes"...

"...the driver of the high cost of end of life care often amounts to “Insert tube, extract rents” of sheer looting.

The press will occasionally feature stories about how an aged parent goes into a hospital or other institutional setting, and despite the relatives having a medical power of attorney plus clear, legally well documented instructions that the patient does not want high cost interventions with limited life extension potential, that the medical professionals come close to or actually do threaten the family with litigation if they attempt to remove the patient or restrict care.

Another issue for patients is the way that they’ve been conditioned to believe that Something Can Be Done when they have a condition that is pretty much a permanent impairment. This is particularly common with orthopedic procedures [who've] been over-treated for no or negative benefit.

"...the US spends far more on health than any other country, yet the life expectancy of the American population is not longer but actually shorter than in other countries that spend far less..

The graph shows the relationship between what a country spends on health per person and life expectancy in that country between 1970 and 2014 for a number of rich countries.

...the US stands out as the the country is following a much flatter trajectory; gains in life expectancy from additional health spending in the U.S. were much smaller than in the other high-income countries, particularly since the mid-1980s.

...In the US health spending per capita is often more than three-times higher than in other rich countries, yet the populations of countries with much lower health spending than the US enjoy considerably longer lives. In the most extreme case we see that Americans spend 5-times more than Chileans, but the population of Chile actually lives longer than Americans.;

...administrative costs in the health sector are higher in the US than in other countries;

...One of the reasons for the underachievement of the US is the large inequality in health spending. The chart above showed that average per capita spending on health is exceptionally high, but the average does not tell you about how much each individual in the US receives. The US healthcare system is characterized by little access to care for some and very high expenditure on health by others.

The following graph shows this inequality. The top 5% of spenders accounts for almost half of all health care spending in the US.

...The data corresponds to ‘personal healthcare services’, in the sense that they exclude administrative costs, research, capital investments and many other public and private programs such as school health and worksite wellness.

Ed Cone and Andrew Brod's Legacy, part 13; Aetna out of North Carolina ACA

"Senior Obama administration officials" "no legal basis" "illegal" "unlawful" "contrived" 2013 "unappropriated" $7 billion payments to Obamacare insurers

Textbooks, Tuition, Child and Health Care is Theft

The Healthcare Industry is a legal racket

How about Ed Cone and Andrew Brod explain why North Carolina's 20.6% Obamacare premium growth

Ed Cone on Cone Health's success at stealing from patients and bankrupting families within our local overpriced healthcare monopoly

"Break the medical monopolies"

UnitedHealth won't sell individual ACA plans for 2017 in North Carolina

Doctors need to make less

Medical device makers need to make less


Big Pharma

The legalized theft by the above needs to stop

They are bankrupting America's middle class to line their pockets with the help of all the politicians they bought

If you didn't make any money on it, you have been robbed

"Blue Cross projects $400M loss in NC on ACA in just 2 years"

ACA premiums in NC to rise sharply in 2016; Thanks Andrew Brod