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Why is healthcare so expensive?

Because of the people who don't have it. They run the insurance rates and medical costs up for everyone. If everyone had it, the price would be cheaper. Simple economics. Why is Wal Mart so cheap? Because so many people shop there so they can lower their prices.

 
Anonymous

Asked by Anonymous at 12:04 PM on Aug. 9, 2009 in Politics & Current Events

This question is closed.
Answers (14)
  • I agree OP. Most of the working poor do not have health insurance. Only Middleclass/wealthy have it(mostly).
    Anonymous

    Answer by Anonymous at 12:12 PM on Aug. 9, 2009

  • O.o

    ha..ha..ha! This is cheap entertainment right here, I tell ya.
    BEXi

    Answer by BEXi at 12:08 PM on Aug. 9, 2009

  • Check out how the gubmint plays a part of the reason why it is so expensive why dont you? IF we could get the gubmint back out we could trim the expense down again.
    tnmomofive

    Answer by tnmomofive at 12:16 PM on Aug. 9, 2009

  • Wrong. The correct answer is: Pharmaceutical Companies.
    NotPanicking

    Answer by NotPanicking at 12:23 PM on Aug. 9, 2009

  • In the 1960's Congress (democrats) passed a law that created the managed-care model that we know and love today. Since it removed the free-market price controls which had been in place for decades, prices were free to skyrocket. You see, with hospitals and doctors having insurance companies and government bureaucrats second-guessing their decisions and threatening not to pay if they don't make "approved" decisions, the only way they can stay in business is to raise prices to cover their rears. Then, you have malpractice insurance--which is more expensive than most people can even imagine. When you remove that free-market competition, there is no longer any incentive to keep prices low.

    That's what YOUR GOVERNMENT has done to your healthcare system. So, let's give them MORE control, and see what wonders they can accomplish! *eye roll*
    Anonymous

    Answer by Anonymous at 12:27 PM on Aug. 9, 2009

  • Anon 9:27- Solutions? I agree with much of your comment, but even you agree that the exact same thing is happening now with the Insurance Co dictating. Something has to give. I also agree about tort reform.
    Sisteract

    Answer by Sisteract at 12:43 PM on Aug. 9, 2009

  • Wal mart is 1 slight tweak away from being a monopoly-
    once they price everyone else out of business it will be Wal Mart or nothing.
    Keep on lining China's coffers. As a country we need to stop being penny wise and $$ foolish.
    Sisteract

    Answer by Sisteract at 12:47 PM on Aug. 9, 2009

  • Yes tort reform would be one wise step.
    tnmomofive

    Answer by tnmomofive at 12:48 PM on Aug. 9, 2009

  • AND because the AMA limits the number of new doctors who are licensed.


    AND because medical malpractice insurance is so expensive


    AND because health insurance company CEO's make insane amounts of money

    autodidact

    Answer by autodidact at 1:06 PM on Aug. 9, 2009

  • Well, I'll give you credit for a logical answer, but its not the way it works. If these doctors, pharmaceuticals and hospitals can get the GOVT to pay their prices, instead of just the insurance companies, then they have it made. It will NOT lower the cost of healthcare. People will charge what they think someone will pay, not what its worth.
    momofsaee

    Answer by momofsaee at 1:08 PM on Aug. 9, 2009

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