It’s hard to find anyone who likes America’s health care system, including John Goodman, president and founder of the National Center for Policy Analysis. But you’ll never find Goodman saying that health care is better in places like Europe, where socialist governments provide “free” universal health care for everyone.
Q: Many people – mostly people who think health care should be provided free to everybody by the government – point to Europe as a model. Should they?
A: The people who praise European health care say that the average country in Europe spends half as much as we do and they have very similar health outcomes. What they don’t tell us is that the typical European country is disguising costs, shifting costs, to hide what it really spends. And if we look over the last 40 years at the average spending per person in real terms, the growth rate in the United States is right at the European average.
Q: How does what Europeans get for their money compare with what Americans get for their money?
A: Well, life expectancy looks as good or better in Europe than it does in the United States. But life expectancy is primarily determined by genes and how people live their lives, not by doctors and hospitals. If you look at things that doctors can do something about, like cancer, and you ask, “What is the five-year survival rate for major forms of cancer?,” we are the best in the whole world.
To find out what he thinks America’s health care system should look like – and why Europe’s government health systems are the last things we should copy…..Click Here
The S&P 500 has dropped 18 percent this year following a 38 percent decline in 2008 that was the steepest annual retreat since 1937.
Health-care stocks in the S&P 500 fell 11 percent, the most among 10 industries. Humana, an insurer, lost 42 percent to $23.67, while rivals UnitedHealth Group Inc. and Coventry Health Care Inc. dropped more than 26 percent. Drugmakers also slumped. Eli Lilly & Co. decreased 12 percent to $29.38. Pfizer Inc. slipped 10 percent to $12.31.
Obama’s budget, released Feb. 26, calls for paring subsidies to insurance companies participating in the government’s Medicare health-care system by $170 billion. The proposed budget would also raise rebates that drugmakers must provide for patients on Medicaid, the nation’s health plan for the poor, to 22 percent of the manufacturer’s price from 15 percent. Lilly and AstraZeneca Plc said they would lose “several hundred million” dollars each in sales.
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Obama healthcare plan isn’t looking so good by this report. Obama is making the crisis worst with all his hot air talk. 4 years sure is along time voters so we better join the Tea Parties and fight back for our rights unless you want a socialist country.