Wednesday, December 1, 2010

Obamacare

Could overhaul undermine employer health coverage? at 10/24/2010 10:35 AM CDT


Reading these comments, I can see that both Democrats & Republicans are starting to understand that the high cost of health insurance, never had much to do with the companies offering it. It is the high cost of health care itself that makes health insurance so expensive.

.It might be difficult for some people who are not in the health care field to understand this, but trust me...health care is a commodity. Just like other commodities, health care is subject to supply and demand.

.Right now you have millions upon millions of "baby boomers" who are getting old, and require a great deal of health care. There are not enough health care professionals & facilities (supply) to care for the people who require it (demand). That is why you do not get the proper time & attention when you go to a health care provider. Unless of course, you are willing to pay extra, and go to a very expensive provider. We are already stretched much more thin than what is recommended. That results in health care being a highest bidder system.

.Health care will always be expensive, even when the "baby boomer" crisis is over. This field has some of the most difficult education courses that higher education offers. People who excel in health care courses could have done well in almost any other field. Medicine, pharmacology, nursing, med lab technician etc., are very difficult, and highly expensive courses. New students just will not enter the field if they are not going to be compensated well. This of course will decrease the supply, and once again raise the cost of health care.

.In short, health care will always be a major living expense for middle class families. As for the poor, well... they will have to depend on whatever society can donate via non-profit organizations. I see no other alternative, and no one else has come up with a better way.

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