Financing Healthcare from Around the World
May 21, 2009 -- Our healthcare system is morbidly obese. We outspend by at least two-to-one every other comparable country and still manage to underperform. The industry’s latest promise to trim an amount equal to less than 10% of current annual spending each year for the next ten years barely nudges that ratio. Our system serves as the world’s model for what not to do.
So why does it seem just about everyone wants to feed it more even though they vow to cut down? Is this what is meant by friends who sabotage? With more it will be possible to insure children, the very poor, the sort of poor, the unemployed, the mentally ill; to evidence the best treatments; to electronically coordinate care… Exactly how does ingesting more make slimming sense? Is this the kind of diet magic you see advertised on TV in the wee hours of the morning? “Eat anything and everything you want and still lose weight. Pizza? Yes! Fried Chicken? Yes! ICE CREAM? OH, YES!”