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Politics : PRESIDENT GEORGE W. BUSH

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To: MKTBUZZ who started this subject3/29/2004 11:30:45 AM
From: Kenneth E. Phillipps  Read Replies (1) of 769667
 
Bush & Republicans continue to exacerbate the health care problem

Healthcare cost comparison from Harry on the FOOL

The high cost of health`care is hardly unique to Europe or France whose health care is rated #1 in the world by the WHO. In a quick Goggle search the latest comparative figures I found were for 1998. US cost per capita was $4178; France $2077; Australia $2043. When one considers that over 20% of US population is uninsured (compared to 96% in France) its comparative health costs are staggering.

IMO the US must rein in health care costs and would do well to look at how health care is delivered in other countries like France and Australia that provide quality care at a fraction of the cost. BTW, my son living in Australia says the health care there is wonderfull and far better than the US system.

One reason for the high cost of health care in the US is the administrative overhead caused by the multiple payor system. Present administrative plans are to exacerbate this problem by adding more HMOs to the Medicare mix. Good for HMOs but bad for the US economy and citizen health.

Harry
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