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You might as well get your facts straight. First, the US spends 14% of GDP
on healthcare which is the highest percentage of any country in the entire
world. Second, in spite of spending the world's greatest percentage of GDP on
healthcare, 40% of our citizens have none, zero, zilch health coverage. Third,
50% of that 14%, or roughly 7% of GDP, is spent on healthcare administration,
almost all of which goes to private insurance companies and HMO's, not the
government. The government run Veterans Administration medical system is a
disgrace to those who served our country. The government run Medicare system is
extremely efficient, consuming roughly 3% of premiums paid.
Those of us who can afford healthcare are well taken care of. The 40%
who can't afford healthcare coverage, receive little care, and most of
that is delivered in public hospital emergency rooms at taxpayer's
expense. What's obvious is that the healthcare system, currently in private
hands, has run amuck. I don't know what the solution is.
Earl
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
chaze@xxxxxxxx
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Sunday, March 07, 2004 6:43
AM
Subject: Re: [RT] sp500/nasdaq top
it's the governmentt regulations andinvolvement in our
medical system which has created a lot of the problemsvis a via rising
health costs and insurance issues. And this doesn't evenaddress
corruption, fraud, waste, abuse, inefficiencies,and
incompetence.
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