President Barack Obama Message Board

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Politics : President Barack Obama

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To: Little Joe who wrote (60701)	8/15/2009 2:48:17 PM
From: ChinuSFO	Read Replies (1) of 149317

The insurance companies also stand to benefit from health care reforms. Right now they are picking up the tab and people are still not satisfied with their services. You would think they would smarten up like the pharma industry. Why is the insurance industry shying away from competition and instead want the status quo? Here is a British POV on the existing US health care system. =========================================== US healthcare expenditure - the biggest waste of money in the world By Jeremy Warner Economics Last updated: August 14th, 2009 I don’t claim to be any kind of an expert on the US healthcare debate. Far from it. But what I do know is that in its totality, healthcare spending in the US is one of the most inefficient uses of money anywhere in the world. Despite the fact that well over half this spending is private, it fails to obey the first principles of efficient market theory. US healthcare makes even the notorious inefficiences of state spending in the UK look tolerable by comparison. ...contd at blogs.telegraph.co.uk

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