US Hospitals: Pay More, Get Less
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  • Lorenz Gude

    After screeching shrilly at Via Meadia for the last couple of years on this topic I am gratified to see the recent series of articles directing fire directly at the waterline of the USS Healthcare. But US health outcomes are still among the best in the world – only slightly inferior to places like Australia. The problem is that it costs twice as much or more as a percentage of GDP. However, unlike another sacred cow in the American system – higher education – medicine has maintained quality while education from K through bachelor’s degrees has not. And run the cost of education up faster than the rate of inflation. I was genuinely shocked when I did a bit of graduate work in California 20 years ago that the admissions office told me that my 1964 degree came from a time ‘when they still were good’!! Gadzooks!

  • Take a good look at your last health insurance statement, the one explaining how much they were charged, how much they paid and how much you must pay. Then you will understand what any health care provider CHARGES means nothing. What they get REIMBURSED from the insurance company counts for everything. And that figure is controlled by the “insurer”.

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