Saturday, August 3, 2013

Spending On Private Health Care



Much is made about how much Americans spend on health care, compared to others; the French, as just one example.

We spend about 16% of the GDP on health-related services. It's perfectly acceptable to do so, if we get the best care available. 

Provided it’s not directed and controlled politically by the government. That is when mismanagement sets in, as it has whenever government runs any business or service,

But while the French spend about $6,000 per household less on health care, they get far less in services and quality than Americans do, a fact that proponents of ObamaCare never disclose, (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

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