SOBF wrote:Why does something "Have to done" about health care ? Seems like it works pretty well to me . Expensive but well.
SOBF - I'm guessing you have coverage through your employer, and you've never been seriously ill.
I'm lucky enough to have never been seriously ill, but I switched jobs a few years back and I now work for a company with less than 5 employees - needless to say, they don't provide health insurance. Before the move, I would've said much the same thing as you.
I'm a young, single guy - health insurance that's not quite as good as, but is in the same ballpark as what I used to get from my employer would be $800 a month. That's beyond expensive, that's a fucking mortgage payment. I'm a "responsible adult", so I still have insurance, but I could buy a new small car with my deductible, and the insurance really doesn't cover much of anything - there's little doubt that I would have to declare bankruptcy if I were ever to get seriously ill.
Of course, even if you do have coverage through your employer, what happens if you get sick enough so that you can no longer work and lose your job. If your health insurance is connected to your employment, then you're in a world of shit. When I left corporate Ameraica, the COBRA option I was presented with was $1300/month (remember now, this is something that only becomes available when you've lost your job).
Now, even if you don't give a shit about any of this stuff, you need to consider that on a per capita basis, US Health Insurance runs an average of $6500 per person per year more than other developed countries. That's $6500/year/person - for the current population of the US, that's almost 2 trillion (yes, with a T) dollars a year. That wouldn't be such a bad thing if the extra money was buying better care, but it isn't. On the whole, US life expectancy is lower than many other countries, and by almost any other measure you can dream up, the US does worse (in some cases much worse) than countries that spend far less than us.
Yes, you might have decent health care now through your employer (unless you've got more wonga than Shunned, you don't have good care purchased on the private market) but what happens in 5 years, when the cost has skyrocketed even further and your employer decides to stop providing coverage. Take out a second loan on the house to keep up with the COBRA payments?