Comment

Breaking: House Passes Health Care Bill

450
mikhailtheplumber11/07/2009 9:35:22 pm PST

re: #426 Dan G.

What do you believe is the source for the high costs? Is it insurance markup? Pharm mark up? Service provider mark up? I’ve got my own ideas here, I’m just curious about the extent that you’ve thought this through.

As far as I know (and I’m new to the American system, so it’s not that much, admittedly) it’s based in a variety of reasons. I think that price hiking in any of these industries generates an upward price spiral, as they try to get the other sections of the “health production” section to face the costs.

But there are many other problems: the insane need for MDs and hospitals to buy extremely expensive insurance, a medicine that avoids prevention, which would save tons of money, for example.

The fact that you almost have to mortgage your house to get an ultrasound scan cannot be explained by simple costs. The supply/demand relation is outrageously warped in the American system.