- Do you expect private ordinary citizens to pay for your [Disease]?
- Got Asthma? That’ll Cost You $4,000 Extra Under the Republican Plan
But I think that just indicates the short memories we have, or “How We Got Here”. Let’s look at some of the things that brought about healthcare reform
- High Emergency Care Rates
- High Bankruptcy Rates from Healthcare Costs
- Harder to get Health Insurance
- More Expensive Health Insurance
- People dying from lack of insurance/medical coverage (John Grisham’s The Rainmaker)
There are multiple ways the macro citizen pays for health care
- Increased Mortality leads to lower GDP
- Increased bankruptcies due to Emergency Room treatments people can’t afford (a hospital has to charge paying customers more to make the same profit)
- Difficulty in Transferring Jobs (because Insurance costs are tied to employment) (limits wage growth)
- Increased sick days leads to lower GDP
- Reactive care is more expensive than proactive care.
- Decreased Response Times in the ER
- Emergency Room treatment is more expensive (higher stress job with more demand)
- High insurance costs
Let’s just remember that Health Expense increases were a problem before ACA “Obamacare”; that they were a problem in the 90s and 60s just as well.