Re:Amazon Health
by adventured on Thursday February 01, 2018 @01:40AM
(#16280019)
> Premiums are as high as they are because health care is run as a for profit industry
That's disproven by the fact that for decades premiums were extremely reasonable. In fact, premiums roughly tripled in just 20 years. That increase is radically beyond cost inflation in most everything else except university tuition costs. That spike wasn't caused by healthcare being for-profit, it was for-profit in the decades prior to that cost explosion too. You'll have to actually explain the specific cause for why costs suddenly exploded higher in such a short span of time. Compare premiums in 2015 vs 1995, on a per capita income basis, the difference is extreme. Why weren't they always so high?
Here's a hint: the same exact thing happened at the same exact time in the university education system as well. Previously, before 2000 roughly, US university costs were far more modest. You could go to a top tier university in the 1970s and 1980s and pay for it entirely with a part-time job. Student loan debt went up five fold in ten years, at the exact same time healthcare costs exploded higher.
Want to guess which entity caused both cost inflation outcomes?
That's disproven by the fact that for decades premiums were extremely reasonable. In fact, premiums roughly tripled in just 20 years. That increase is radically beyond cost inflation in most everything else except university tuition costs. That spike wasn't caused by healthcare being for-profit, it was for-profit in the decades prior to that cost explosion too. You'll have to actually explain the specific cause for why costs suddenly exploded higher in such a short span of time. Compare premiums in 2015 vs 1995, on a per capita income basis, the difference is extreme. Why weren't they always so high?
Here's a hint: the same exact thing happened at the same exact time in the university education system as well. Previously, before 2000 roughly, US university costs were far more modest. You could go to a top tier university in the 1970s and 1980s and pay for it entirely with a part-time job. Student loan debt went up five fold in ten years, at the exact same time healthcare costs exploded higher.
Want to guess which entity caused both cost inflation outcomes?