#Health economics

Ever since it was signed into law in 2010, defenders of Obamacare have dismissed staggering surges in annual premiums by highlighting only the rates paid by those fortunate enough to receive subsidies.  In fact, last year we wrote about Marjorie Connolly's, from Obama's Department of Health and

Authored by Michael Snyder via The Economic Collapse blog, This is what can happen when you go to a socialized healthcare system.  A lot of people out there believe that the United States has a free market healthcare system, but that is actually not true.  The percentage of the population that

Back in 2008, one of the biggest arguments in favor of Obamacare was that the legislation would help alleviate bad debt at hospitals created by people who required emergency care but didn't have health insurance or the financial means to cover their treatment.  Of course, like most promises made

Authored by John Whitehead via The Rutherford Institute, Americans can no longer afford to get sick and there’s a reason why. That’s because a growing number of Americans are struggling to stretch their dollars far enough to pay their bills, get out of debt and ensure that if and when an illness

Authored by Michael Snyder via The American Dream blog, Everybody agrees that healthcare costs are way too high.  Back in 1960, healthcare spending accounted for approximately 5 percent of GDP, and by 2020 it is being projected that healthcare spending will account for 20 percent of GDP.  And when