Exam Room One

Where does it hurt?

Tuesday, September 30, 2008

The Next Big Financial Crisis: Health Care

From the Los Angeles times 9/30/2008; http://www.typepad.com/t/trackback/816965/34002849
...chronic diseases eat up 75% of all healthcare costs. That's three-quarters of the total $2.2 trillion spent on healthcare in the United States. That comes to $1.65 trillion...

That's more than two Wall Street bailouts.
America can't wait for another segment of the economy to collapse before doing something about it, they said. "There's some concern that given the current state of the economy, taking on healthcare might be too much, too big," said Thorpe. "I would argue the opposite. Failure to act on the issue of making healthcare more affordable is a recipe for disaster. This issue is too important to ignore. As wages slow down and the deficits rise, we've got to find places in the public budgets and in the private sector to make healthcare affordable for families and businesses."
Posted by Dr Edgar Abbes, DPM at 3:12 PM
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest

No comments:

Post a Comment

Newer Post Older Post Home
Subscribe to: Post Comments (Atom)

Share on Twitter

Tweet

Twitter Updates DrAbbes

Twitter Updates

    follow me on Twitter

    About Me

    My photo
    Dr Edgar Abbes, DPM
    Species:Southern California Podiatrist, Anthropologist and Amateur Ethnographer & Photographer.
    View my complete profile

    Subscribe To Rx4feet's Blog

    Posts
    Atom
    Posts
    Comments
    Atom
    Comments

    Blog Archive

    My Blog List

    • Edgar Abbes
      Crazy Train - Ozzy -
      18 hours ago
    • gladwell.com
      My greatest triumph!
      15 years ago
    • Health Blog - WSJ

    Photos by EA Abbes

    Followers

    Call Me

    I Just Saw It On CNN.com

    Simple theme. Powered by Blogger.