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News Link • Healthcare Industry

At $3.5-Trillion Per Year:

• by Michael Snyder

The US health-care system costs $3.5-trillion annually. Of this, at least $300-billion is spent on marketing its services and products. To influence doctors to prescribe more drugs, tests, and out-sourced procedures, drug companies shower them with fine food, drinks, speaking fees, and travel expenses to attend conferences. Ironically, prescription drugs are the fourth leading cause of death in America. Medical debt is the number one reason that Americans declare bankruptcy. The median charge for a visit to the emergency room nationally is over $1,000 per visit, and a single asprin tablet might be billed at $30. [Does anyone else notice the smell of corruption in this? Isn't it obvious that the system must eventually self destruct and pull down the nation with it? Does anyone even care?] -GEG

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Anarchizona - March 30th 2019