Friday, September 4, 2020

Make that 'with government interference'

It’s a hell of a tax to pay just for the privilege of being able to say that we allow health care providers to charge anything they want without government interference.


Two estimates: 

Despite the slower growth, the federal government's share of health care spending remained at 28 percent. 

Tax-funded health expenditures totaled $1.877 trillion in 2013 and are projected to increase to $3.642 trillion in 2024. The US government’s share of overall health spending was 64.3% 

12k * 328 million is 3,900,000.  1`.9T

Government directly pays for a third and likely indirectly pays for another third. Is it greedy insurance companies or government purchases?   Local and state government spend the most, they cover over a third.

It is the dominant buyer,  pretty obvious.

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