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Health-care reform vital for Utah, Huntsman says
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1. Those who are non-insured don't pay their bills. In turn, the hospitals/doctors eat those up. Which in turn, increase their fees. Ini other words, YOU are paying for those who are uninsured by having these costs rise.
2. Sue-happy people. Sueing doctors for malpractice or people suing drug companies, those costs get passed down to the consumers by malpractice insurance premiums rising faster than the rates of health care. Costs are drug production is directly linked to those who sue the manufacturers.
If you fix these two problems, I am certain the cost of healthcare will drop, drastically. Investors play very little role in this siutation.
If you knew you could save $100 and get the same quality care by driving ten minutes more down the freeway would you do it?
1) Heavy regulation on the medical industry.
2) Inability to import cheaper drugs from other countries (see regulation)
3) health "insurance" (payment plans) that insulation the client from the actual costs of the care he/she is seeking. Hospitals must already play games with prices due to the requirement to subsidize uninsured/non-payers/illegal aliens.
4) Attitude of the public, "gimme a pill" quick fix is not cheap and usually doesn't fix the root of the problem. Doctors reflect this attitude of the public and give us what we want, the 'fix'. This leads to over prescription of medication and treatments that are often unnecessary - which increase costs.
5) Pervasive presence of life-style disease, obesity, heart disease, cancer, hypothyroidism, and the list is growing.