Why are healthcare/insurance cost so high?

[Woodznutz]

Simple supply and demand. Large numbers of sick and injured people with too few medical personnel to care for them.

 

[Dorian Mode]

Could it be that the cost of 10's of millions of illegal immigrants getting free healthcare has to be absorbed by the legal, law-abiding citizens of America?

 

[Woodznutz]

Could it be that the cost of 10's of millions of illegal immigrants getting free healthcare has to be absorbed by the legal, law-abiding citizens of America?

The problem has been building for decades, likely from when the age of lack of personal responsibility began back in the '60's. Prior to that people were healthier, and medical cost were cheaper.

 

[1srelluc]

Life expectancy in 1970 was right around 70 for men.....Today it's 80....Tack on an extra 5 years for women.

150 million more people (since 1970) living longer will do that to costs. Toss in the deadbeats and there you go.

 

[WorldWatcher]

Which health insurance CEOs get the highest pay?

Health insurance CEO pay has increased in the last financial year. Find out who among the industry's top leaders received the biggest compensation

www.insurancebusinessmag.com

Make yourself sick.

WW

 

[Donald H]

There might be another reason? Other countries accept as many or more immigrnats and still do much better at providing health care for all their people at a lower cost.

It's not a good time to talk about social reform in America.

 

[Dorian Mode]

Life expectancy in 1970 was right around 70 for men.....Today it's 80....Tack on an extra 5 years for women.

150 million more people (since 1970) living longer will do that to costs. Toss in the deadbeats and there you go.

Maybe too many slimy lawyers are also to blame for driving up costs. The system has to absorb all those litigation costs and awards plus the costs of malpractice insurance. I am pretty sure that cost soars into the 100's of billions every year.

 

[1srelluc]

Maybe too many slimy lawyers are also to blame for driving up costs. The system has to absorb all those litigation costs and awards plus the costs of malpractice insurance. I am pretty sure that cost soars into the 100's of billions every year.

I'm sure it plays a big part too.

Thing is you can't increase the population by 150 million (and add ten years to life expectancy) in 35 years and not expect monetary consequences all across the board.

 

[Darkwind]

There might be another reason? Other countries accept as many or more immigrnats and still do much better at providing health care for all their people at a lower cost.

It's not a good time to talk about social reform in America.

Yeah, ask the Ukrainians how that works to their benefit.

Other countries impose extreme tax rates to cover healthcare costs, but they do so without providing for the defense of their country or their Union.

Easy for a government to strip its citizens of wealth and then appease their little outrages with healthcare that is substandard in service, skill, and outcome. But hey, they've been conditioned to believe that they are getting value for their servitude.

 

[Votto]

There might be another reason? Other countries accept as many or more immigrnats and still do much better at providing health care for all their people at a lower cost.

It's not a good time to talk about social reform in America.

North Korea has the lowest cost of any health care in any country

Or maybe go to Cuba, they have "free" health care there too.

 

[Dorian Mode]

I'm sure it plays a big part too.

Thing is you can't increase the population by 150 million (and add ten years to life expectancy) in 35 years and not expect monetary consequences all across the board.

There are so many problems in America, like healthcare, housing, infrastructure falling apart, rampant violent crime, etc., etc., it really makes me wonder: WTF have all the politicians been doing for the last 50 or so years as these problems rose and grew worse? And it cracks me up that these neo-leftist democraps continue to blame everything wrong today on Trump. Or they ask why hasn't Trump fixed all of America's problems in the last 9 months?

 

[debbiedowner]

Could it be that the cost of 10's of millions of illegal immigrants getting free healthcare has to be absorbed by the legal, law-abiding citizens of America?

I guess it will all come down now. Right?

 

[dblack]

Simple supply and demand. Large numbers of sick and injured people with too few medical personnel to care for them.

Health insurance prices are high, and getting higher, because health care prices are high, and getting higher. Health care prices are high because we have too much insurance, so no one cares what their health care costs.

 

[dblack]

Could it be that the cost of 10's of millions of illegal immigrants getting free healthcare has to be absorbed by the legal, law-abiding citizens of America?

Not really. The problem is broken market dynamics.

 

[Woodznutz]

Life expectancy in 1970 was right around 70 for men.....Today it's 80....Tack on an extra 5 years for women.

150 million more people (since 1970) living longer will do that to costs. Toss in the deadbeats and there you go.

This'll run up the bill.

Approximately 61% of American adults currently take at least one prescription medication. This includes those taking four or more medications, with 24% of adults reported taking four or more prescription medications daily. Additionally, more than 131 million people in the U.S. use prescription drugs, indicating a significant reliance on medications for various health conditions.
CDC+1

• Including results for how much does big pharma gross annually.
  
• $81.9 billion
  In 2022, the five largest U.S. pharmaceutical companies reported combined earnings of $81.9 billion. This figure represents an increase of $8 billion from the previous year, indicating robust financial performance in the pharmaceutical industry.
  
  The Hill

 

[debbiedowner]

This'll run up the bill.

Approximately 61% of American adults currently take at least one prescription medication. This includes those taking four or more medications, with 24% of adults reported taking four or more prescription medications daily. Additionally, more than 131 million people in the U.S. use prescription drugs, indicating a significant reliance on medications for various health conditions.
CDC+1

Yep, it does.

 

[Woodznutz]

North Korea has the lowest cost of any health care in any country

And one of the unhealthiest populations of any country.

Overview of the Burden of Diseases in North Korea - PMC

This article evaluates the overall current disease burden of North Korea through the recent databases of international organizations. It is notable that North Korea as a nation is exhibiting a relatively low burden from deaths and that there is ...

pmc.ncbi.nlm.nih.gov

 

[Woodznutz]

There are so many problems in America, like healthcare, housing, infrastructure falling apart, rampant violent crime, etc., etc., it really makes me wonder: WTF have all the politicians been doing for the last 50 or so years as these problems rose and grew worse? And it cracks me up that these neo-leftist democraps continue to blame everything wrong today on Trump. Or they ask why hasn't Trump fixed all of America's problems in the last 9 months?

If our politicians actually tried to solve these problems, they would likely be impeached or at best unelected. The reason for this is that we have 'monetized' our problems, made businesses out of them. For example, without rampant crime law enforcement workers would be out of a job.

 

[Woodznutz]

Health insurance prices are high, and getting higher, because health care prices are high, and getting higher. Health care prices are high because we have too much insurance, so no one cares what their health care costs.

I recently heard of a family paying $26,000/year for health insurance. I'm sure they care.

 

[WorldWatcher]

This'll run up the bill.

Approximately 61% of American adults currently take at least one prescription medication. This includes those taking four or more medications, with 24% of adults reported taking four or more prescription medications daily. Additionally, more than 131 million people in the U.S. use prescription drugs, indicating a significant reliance on medications for various health conditions.
CDC+1

• Including results for how much does big pharma gross annually.
• $81.9 billion
  In 2022, the five largest U.S. pharmaceutical companies reported combined earnings of $81.9 billion. This figure represents an increase of $8 billion from the previous year, indicating robust financial performance in the pharmaceutical industry.
  
  The Hill

I don't have the link handy...

But I read that 25% of adult females take prescriptions for mental health issues.

..... ..... ..... What scares the hell out of me is...

..... ..... ..... ..... ..... ..... that means the other 75% are off their meds.


WW