About the cost of health care
I’m not an expert on the health care issue, only a consumer who fortunately has spent most of her life with health insurance without ever really needing it—until recently—which has certainly changed my perspective on the whole debate. The primary reason opponents give for not supporting universal care is the expense. If it’s true, as I’ve heard, that health care premiums have gone up 119% over the last 10 years, while payments to doctors have remained fairly stagnant (rates set by private insurance companies), who is getting all the money? An article in Sunday’s Boston Globe got me thinking about cost from another perspective, such as how U.S. spending on health care compares to France:
“…the outcome is relatively cost-effective in comparison with the situations in other industrialized nations, according to tracking by the Paris-based Organization for Economic Cooperation and Development. France spent about $300 billion for the health needs of its 64 million people in 2007, the last year for which reliable statistics are available, the organization reported. That amounted to about 11 percent of gross domestic product for a system covering an estimated 99 percent of the population, well below what Americans pay for a system that leaves out tens of millions of people. On a per capita basis, France also ranked well below the United States in health expenditures. It was eighth on the organization’s list, while the United States ranked at the top. Despite the lower spending, French people have for years had a longer life expectancy than their counterparts in the United States, currently at 80.98 years compared with 78.11.”
In Lowell, rising health-insurance costs continue to be our biggest budget buster despite efforts to reduce expenses by encouraging employees to switch to less-expensive plans. During these tough fiscal times, the need for health care reform has never been stronger.