Tag Archive for health care

Institute of Medicine Report Highlights $750B in Unnecessary Healthcare Spending

After years of corporate abuse, there can be no alternative to a government payer health care system without private sector reforms. According to an Institute of Medicine report, wasteful spending and inefficient uses of technology accounted for $750 billion in unnecessary health expenditures last year.

This system is bankrupting our nation morally, financially, and physically. As discussed in Patriot Acts, until we address core issues—why our costs are so high, why our outcomes are so poor, and why, as a nation, we’re in such bad shape—there can be no meaningful reform.

"America spent $2.6 trillion on health care last year; about one in every six dollars went into the health-care system. A third of that spending — a full $750 billion — did nothing to make anyone healthier." Sarah Kliff, Washington Post

From The Washington Post

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Big Pharma spends 19 times more on advertising than it does on research.

With the exception of investment bankers and defense contractors, those who rule over the American pharmaceutical oligopoly are some of the most powerful corporatists in America. Have you ever wondered why we pay twice as much for drugs as citizens in other countries?

A recent study from BMJ shows that for every $1 dollar spent on research alone, Big Pharma spends $19 on marketing and advertising for brand-name drugs, not to mention the enormous sums paid to keep generic drugs off the market. Your thoughts?

From The Huffington Post

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Mitch McConnell: U.S. health care ‘already the finest… in the world’

If United States health care is “already the finest… in the world,” why then do we have 30 million still uninsured, why is ours the most expensive, and why are the outcomes worse than those in many other countries?

The answer is simple–our health care system clearly needs reform. Instead of facing the truth, conservatives like Senator Mitch McConnell and House Speaker John Boehner are attempting to put the brakes on progress without offering a viable alternative.

From The Huffington Post

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