America's disastrous health care system is heaving the country head-first into near-certain economic collapse. Just about everybody's either financially strained or going broke due to spiraling health care costs: the people, the employers, state governments and even the federal government. Multinational corporations are fleeing the United States due to health care costs, taking jobs and economic productivity with them. Meanwhile, 50 percent of personal bankruptcies in the U.S. are due to medical expenses.
But not everybody's doing badly. The drug companies, surgeons, medical specialists, health insurance companies and private hospitals are making out like bandits, raking in multi-million dollar CEO salaries and -- I'm not making this up -- greater than 500,000% markups on prescription drugs. And while the American people get sicker, the drug companies, insurance companies and many health "care" providers (it's really more like "sick care providers") are rolling in cash. Drug companies are now among the richest corporations in the world, and they got there by inventing fictitious diseases, then selling drugs to people who mostly don't need them. See my CounterThink cartoon, Disease Mongers, Inc. to learn more about this topic.
Meanwhile, the American people are the most diseased people in the world among advanced nations. We spend more on health care than anyone, we pay the highest prices for medications, and we're constantly told that we have the best medical technology in the world. But if our health care system is really so good, why do 50 million Americans have no health insurance? Why are hospitals literally dumping uninsured patients on the street, abandoning the sick to protect profits while our politicians actually negotiate on behalf of Big Pharma to make sure Americans keep paying the highest prices in the world for medications? (Click here to see our CounterThink cartoon on President Bush's price negotiations with drug companies.)
What's wrong with America's health care system?
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