Thursday, November 21, 2013

MUST READ-Obamacare - The Neutron Bomb That Will Decimate The U.S. Economy

Guest Post: Obamacare - The Neutron Bomb That Will Decimate The U.S. Economy | Zero Hedge:
"Sickcare is unsustainable for a number of interlocking reasons: 
-defensive medicine in response to a broken malpractice system;
-opaque pricing;
-quasi-monopolies/cartels;
-systemic disconnect of health from food, diet and fitness;
-fraud and paperwork consume at least 40% of all sickcare funds;
-fee-for-service in a cartel system;
-employers being responsible for healthcare,
-a fundamental absence of competition and transparency.

Please glance at these charts to see how the U.S. healthcare costs are double those of competing nations on a per capita basis.
Japan provides care for a mere 36% per person of what the U.S. spends--yet millions of Americans remain uninsured or underinsured.
If you set out to design a corrupt, inefficient, wasteful, unfair, deranged and unreformable system, you would arrive at U.S. healthcare/ObamaCare."

No comments: