Tag Archives: healthcare

Cost of Medical Care in 2007

The aggregate cost of medical care in the US in 2007 was $2.26 trillion. That used to be a lot of money before the federal government started spending trillions like they were millions. The pie chart below shows how this cost was distributed. It also is rising faster than GDP and has been doing so…


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Medicine and Inconvenient Truths

Victor Fuchs, a long time deep thinker (no sarcasm intended) about medical economics has a perspective piece in the October 23 issue of the New England Journal of Medicine that presents three “inconvenient truths” about health care. His analysis is likely to represent that which will be applied to medical care over the next several…


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The American College of Physicians and Health Care

The ACP just released a position paper on health care access. It’s a comprehensive analysis of our system compared to those of other developed countries. It’s a fair and sober as long as you start from the view that what’s needed in the US is a single payer system. It says it wants to learn…


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Health Insurance and the Medical Establishment

Though most are unaware of their existence, there is a medical establishment and they want a single payer system of health insurance. Who are the medical establishment? They occupy leadership positions such as Deans, Presidents, and Chancellors of medical schools. They have leadership positions in prestigious professional organization, they are in the Institute of Medicine,…


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