Chinese Covid19 Flu is HERE
Harvard epidemiologist Marc Lipsitch predicts coronavirus will infect up to 70 percent of humanity it “will ultimately not be containable” and, within a year, will infect somewhere between 40 and 70 percent of humanity.
The real difference between the American health care system and systems abroad is pricing.
Yale Study Says Medicare for All Would Save U.S. $450 Billion Prevent Nearly 70,000 Deaths a Year
Bernie’s Single Payer system is actually a “conservative estimate”
Watch Dr. @Alison_Galvani of Yale School of Public Health explain that her study’s projection of saving 68,000 lives per year under Bernie’s Single Payer system is actually a “conservative estimate.”
Health Care is the U.S.’s Largest Employer
In the American labor market, services are the new steel.
Due to the inexorable aging of the country—and equally unstoppable growth in medical spending—it was long obvious that health-care jobs would slowly take up more and more of the economy. The U.S. spends hundreds of billions of dollars each year on Medicare, Medicaid, and health-care benefits for government employees and veterans. More subtly, the U.S. subsidizes private insurance in several ways, including through a tax break for employers that sponsor health care. This public support makes health-care employment practically invincible, even during the worst downturns. Incredibly, health-care employment increased every month during the Great Recession. Of the 10 jobs that the Bureau of Labor Statistics projects will see the fastest percent growth in the next decade, five are in health care and elderly assistance.
The sole difference between American health care and health care around the world is the role of government in setting prices.
In other countries governments negotiate prices for every medical good from hospital beds to prescription drugs. They lowball on prices, paying for only part of the true cost of research and development. Americans then pay for the remainder.
Americans have an effective agreement with the rest of the world to “split the bill.” After prices have been shopped and negotiated overseas, Americans get their much higher price. Whatever medical companies give up overseas they make up in the United States, where there are no price ceilings, and where there are no negotiations over medical prices.
THIS IS GOING TO HAPPEN A LOT
11/10/19 Pennsylvania officials on Monday announced a $1 million fine against insurance giant United Healthcare for denial of, or sometimes failure to pay, customers’ claims relating to mental health care. United also inaccurately calculated consumers’ total out-of-pocket costs for claims relating to autism, according to the state Insurance Department. The company’s actions were in violation of the federal Mental Health Parity and Addiction Equity Act of 2008, officials said.
9/10/19 Head of mental health services at University of Pennsylvania dies by suicide
Gregory Eells became director of counseling and psychological services in March, providing students with mental health services at UPENN in Philadelphia.
As The Opium Trade Boomed In The 1800s, Boston Doctors Raised Addiction Concerns
How Profits From Opium Shaped 19th-Century Boston