I had my appendix out in 1956. It cost about 400 dollars and I was in the hospital 3 days.
If I had the same operation today it would be between 20-30,000 dollars.
I know there has been inflation since the fifties. But, not by a multiple of 75.
The average wage in my dad’s repair shop in 1956 for a mechanic was $1.20 per hour. If you multiply that times 75 you end up at $90 dollars per hour. Not mechanics wages today, even in a Mercedes dealership.
It's not just insurance problems. It's the fact that a straight forward medical procedure that should cost a few thousand dollars in real life now costs ten times that. It’s the idea of thousand dollar gasoline rendering the finest automobile in the land USELESS.
That’s why health care will be nationalized. I don’t want it. Neither do you. But, greed and stupidity will take us places you nor I didn’t want to go.
Read this forum for a discussion by people who are going in the end support the takeover of our health care system. Doctors, Pharma and Insurance and the Medical Establishment have done this to themselves. We are about to go to a hell we didn't want because of their arrogance and greed.
There is a cure, there is a fix, Obamacare is a bad choice, but the best medical system in the world is now out of reach for the practically uninsured. That’s what happens when insurance companies pay $2500 of a ten thousand dollar bill. Practically speaking they are uninsured.
Stupid greed will always end up destroying it’s victim and thereby destroying the system. Even the MOB knows that. If you extort protection money from a business you must leave enough so he stays in business and can afford to continue to pay you. I’m from Chicago and understand this.
Evidently big Pharma, Big Medicine and Big Insurance aren’t as smart as the mob in Chicago.
Killing the goose that lays golden eggs is bad policy.
Just like our badly broken health care system in this country.
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