Health Care puts US at a competitive disadvantage

In every other developed nation in the entire world, government has taken responsibility for health care.  This results in much greater efficiency and cost-effectiveness in the delivery and funding of medical needs.  The higher taxes used to pay for a genuine health care system are more than offset by much lower overall costs to individuals and their employers.

This is a responsibility that our nation has abdicated, resulting in a disastrously wasteful hodge-podge of for-profit health insurance companies whose primary motivation is to enrich their shareholders, not to take care of the health care needs of their clients.

Currently, companies in the U.S. are at a competitive disadvantage to the rest of the world, since every other industrialized country has a health care system which fairly shares the costs of health care among all of their citizens.  And our local taxes are escalating at an unprecedented rate, due in large part to out-of-control annual increases in health care premiums for local government employees.  Every single facet of the U.S. economy is at increasing risk because the United States of America lacks a real health care system.

There is no logic or reason as to why the wealthiest and most powerful nation in the world should treat its own citizens like those who live in a third-world country when it comes to heath care.  Our own standard of living has already begun to deteriorate, and will continue to do so at an accelerating pace, as unregulated out-of-control health care costs consume more and more of our increasingly limited resources.

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2 Comments

  1. Of course it is rationale and logical – just not for you and me. It is called vertical integration. It permits providers of products and services to maximize their revenues. Their self-interest is not maximized by having the Federal government in charge and they have wisely arranged for other special interests to obtain small benefits that reduce their motivation to oppose the existing system.

  2. It is unfortunate that many of the very companies that are being burdened and restricted by increasing health insurance costs are not willing to speak up in order to promote reforms that would limit their personal responsibility for health coverage for their employees. Unfortunately, they seem unaware or too busy to look at the potential costs savings and competitive improvements that could be realized from the the reforms.

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