Is Healthcare Armageddon Next?
The current credit crisis has some uncomfortable parallels in the finances of medicine
Reader Comments
Time to Die
This society must come to the ultimate conclusion that dying is an option. No one has an inherent right to any amount of care that has little or no chance of extending life meaningfully and in great quality. How is it we don't mind aborting new life by the millions but in some fancy of compassion keep people alive who are simply too ill.
This, folks, is why you need Barack and Michelle and opposed to John and Cindy.
The problem is a TOUGH one. You can start now or start years from now, after you're extended family has been milked for a bucket. But there is no progress until you START governmentally. John thinks the solution is to protect insurers and the present charade of secret pricing. Barack knows you start on this from the premise of protecting people. Vote carefully. This is not about lipstick.
Armegeddon in Health Care
The Dr. is right. Lack of transparency in health care pricing, coupled with the fragmentary way the health care system tracks patient information - and big pharma's continued abuse of the patent process to restrict generic drugs from coming on line are killing the system. As a former government procurement attorney who practiced and taught government contract law, I can at least speak from some position of knowledge that America's businesses fights tooth and nail to keep its cost and pricing information private, wants no competition, and expects a government subsidy for anything resembling a "loss" on a contract. Medicine is a real example of a "cost plus percentage of cost" environment in the health care industry that is unlawful in basic federal government contracting. Even with a history of cost overruns, Defense Department cost contracts at least require contractors to disclose and certify cost and pricing data that are used in negotiations as complete, accurate, and current.
Well written article...
This story is great, but unfortunately the issue isn't a priority for the lawmakers. They are too busy trying to bailout other industries that are not as important as medical care. It's an issue that is pretty obvious to resolve. You must work to make income; you need income to pay bills; you get sick, can't work,or afford to pay bills. Illness is unpredictable, so why rob people that cannot afford to pay you anyway? Greed is going to be the down fall of our economy. If you examine the "Fall of The Roman Empire"... we are doing very similar things that lead to their demise. Think about it... stop buying into the corruption know as politics. You beet









