Skip to content

Instantly share code, notes, and snippets.

@JohnReedLOL

JohnReedLOL/Healthcare Spending

Last active December 27, 2018 03:15
Show Gist options
  • Save JohnReedLOL/855f33647db4c0a663ec869538166d32 to your computer and use it in GitHub Desktop.
Save JohnReedLOL/855f33647db4c0a663ec869538166d32 to your computer and use it in GitHub Desktop.
Download ZIP
US Healthcare
Raw
Healthcare Spending
Healthy capitalism consists of multiple businesses competing with one another to provide lower prices or better services for their customers. Unhealthy capitalism consists of one business milking it's customers because it can. Any industry where customers cannot shop around or make decisions based on price is not capitalist. It is monopolist.
The US healthcare system is not healthy capitalism. It is theft. For example, take this $153,000 hospital bill for a rattlesnake bite: https://twitter.com/HaggertyNews/status/621482436887736320?s=20 . Until the prices for a given procedure do not vary depending on who is paying for it and until hospitals and health insurance companies make it possible for anyone to instantaneously look up a price or range of prices for any procedure or service, the hospital system will not be a healthy capitalist system. If I had the power to do so, I would give all hospital and health insurance company employees and executives in the entire industry a choice. Either publish all prices publicly online or be taxed 100% on every penny received over $200,000 in a given year. Heck, $200k a year for such a person would be generous - the median income in the US is roughly $60,000 per household (see: https://en.m.wikipedia.org/wiki/Household_income_in_the_United_States).
No charging diffetent prices for different individuals, organizations, or companies.
Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment