Health Care Cost Study
A reasonable society is a society where citizens have open access to
health care without sacrificing the basic necessities of life. This basic
service is also a prerequisite to a rational public health policy that can
respond and adapt effectively to large-scale health events. In most
modern industrialized countries, the government provides this basic
service to citizens as a basic human right. However, unless we do
something dramatic in this country, the basic costs of obtaining
reasonable health care benefits (excluding catastrophic events) will
out-pace the average workers entire income before the year 2018. The
following graph does not fairly represent how the United States deals
with catastrophic health care events for individuals. When catastrophic
events occur, workers can become responsible for paying many
multiples of their annual income in just a few days or weeks, even with
many forms of insurance. In addition to the medical trauma, this
institutionalized financial trauma creates a disruption in their families
and further reduces their income, lifestyle, and productivity potentials.
The recent increase in severity of federal bankrupt laws exacerbates
this.
The statistics for the graph below were presented by Will Shandley in
the Denver Post article "Health costs rise faster than pay" .Dec, 12,
2006 at: http://www.denverpost.com/business/ci_4779642 The health
care statistics are from the Economic Policy Institute in Washington DC.
A reasonable society is a society where citizens have open access to
health care without sacrificing the basic necessities of life. This basic
service is also a prerequisite to a rational public health policy that can
respond and adapt effectively to large-scale health events. In most
modern industrialized countries, the government provides this basic
service to citizens as a basic human right. However, unless we do
something dramatic in this country, the basic costs of obtaining
reasonable health care benefits (excluding catastrophic events) will
out-pace the average workers entire income before the year 2018. The
following graph does not fairly represent how the United States deals
with catastrophic health care events for individuals. When catastrophic
events occur, workers can become responsible for paying many
multiples of their annual income in just a few days or weeks, even with
many forms of insurance. In addition to the medical trauma, this
institutionalized financial trauma creates a disruption in their families
and further reduces their income, lifestyle, and productivity potentials.
The recent increase in severity of federal bankrupt laws exacerbates
this.
The statistics for the graph below were presented by Will Shandley in
the Denver Post article "Health costs rise faster than pay" .Dec, 12,
2006 at: http://www.denverpost.com/business/ci_4779642 The health
care statistics are from the Economic Policy Institute in Washington DC.
Page and Icons © Mission of Reason™ all rights reserved. Mission of
Reason™ is a non-profit corporation of the state of Colorado, U.S.A.
Text and images falls under the copyright of the author when indicated.
Reason™ is a non-profit corporation of the state of Colorado, U.S.A.
Text and images falls under the copyright of the author when indicated.
 |  |  |  |
MOR - CfaRS
Center for a Reasoning Society
Center for a Reasoning Society
The year 1017, practically 10 years from now, really isn't the year we
should be focusing on. This was just the most absurd before it moves
immediately to impossible. We could also calculate the year that
health care costs exceed average income left over from housing costs,
or earlier, when it exceeds the remainder after housing and food costs.
Earlier than this the lines would cross if we included transportation to
work, basic clothing, taxes, and perhaps a child or two.
should be focusing on. This was just the most absurd before it moves
immediately to impossible. We could also calculate the year that
health care costs exceed average income left over from housing costs,
or earlier, when it exceeds the remainder after housing and food costs.
Earlier than this the lines would cross if we included transportation to
work, basic clothing, taxes, and perhaps a child or two.
 |
 |
 |
 |
 |
 |
