It would be cheaper to fly to Spain, get a hip replacement, live there for two years, get a second hip replacement, and fly home than it would be to get one hip replaced in the United States.
New video about why our healthcare is so expensive.
And yet: my mother has had two hip replacements, a knee replacement, two spinal fusions, and a shoulder replacement. Her cost for these procedures? $0. The reason?
The Baby Boomer generation (those born between 1946 and 1964) will enjoy free medical care, at the expense of subsequent generations.
Anyone who flips out about creeping socialism when asked about a single-payer healthcare system is ignorant of the fact that America already has single-payer health care. It’s available to everyone who reaches the age of 65.
Which is, incidentally, the age at which your medical needs, and therefore costs, begin to ramp up steadily, until they peak a year or so before you die.
So: the arrangement is that the government - that is, the taxpayer - foots the bill when medical costs are the highest. Covering younger, healthier people, when costs are lower, thus making the business of health insurance profitable? That’s in the hands of private industry.
This is the American Way: socialize the risks and the losses, privatize the gains and the profits.
See, also: Banking Industry, The.