The health care industry is one of the world’s largest and fastest-growing industries. Consuming over 10 percent of gross domestic product of most developed nations, health care can form an enormous part of a country’s economy. For United States, the health share of gross domestic product (GDP) is expected to reach 19.6 percent of GDP by 2016.

At today’s under inflated GNP, if this expectation holds true, 19.6% of 2008’s 14.2 Trillion GDP, equals a whopping industry of $2.78 Trillion each year… We are looking at just seven years away…. Seven years? Let’s see.. hmm.. how fast does that time fly by?

It was only 7 years ago we were being fed this:

Iraq has made several attempts to buy high strength aluminum tubes used in centrifuges to enrich uranium for nuclear weapons. And we also know this: within the past few years, Iraq has resumed efforts to obtain large quantities of a type of uranium oxide known as yellowcake, which is an essential ingredient of this process.”

In such a short time, a person making $50,000 a year, can be expected to pay close to 20% or $10,000 each year for health-care.

Here is what the hoopla is all about.

$2.78 Trillion for an industry vrs. 20% out of pocket costs for every man, woman, and child alive in this nation…

It’s that simple….

Now those of us who constantly deal with conflict resolution in whatever capacity, know the consensus will probably be very close to the middle…

In this case, we are looking at this scenario:

$1.34 Trillion for an industry vrs. 10% out of pocket costs for every man, woman, and child alive in this nation…

That would cost each person $5000. The average spending at the peak of the golden years, 2000, was roughly $4000 dollars. Our costs would realign close to then. If you remember back that far, (seems like another century, doesn’t it) families, individuals, businesses, and insurance companies were all doing well.)

Since then, the medical profession, insurance companies, and hospital conglomerates, have swelled their heads with unreasonable expectations. It’s no wonder; the Bush administration allowed them too.

Despite media attempts to confuse the issue, it’s all about money. Who should have it? Should the medical interests be allowed to siphon off more of our Dollars from out of our pockets? Or should we, the citizens of this nation, be allowed to keep our own money? …

The industry groups have invested heavily to make sure only their views get taken into account. The health care sector gave $167 million in campaign contributions to congressional candidates in the 2008 election cycle, according to the watchdog group OpenSecrets.org. Health care companies poured $484 million into lobbying efforts in 2008, and are on pace to exceed that this year.

Separately, the drug companies have offered up $80 billion over 10 years to reduce prescription costs of seniors if a deal goes through, while major hospital groups agreed to a $155-billion reduction in Medicare and Medicaid payments to free up funds that would help subsidize coverage for the uninsured.

The political infighting on Capitol Hill has strengthened the hand of the health care groups, since liberals have been thwarted so far in their attempts to win speedy passage of the legislation through the House and Senate.

It’s not surprising,” said Harold Pollack, the chairman of the Center for Health Administration Studies at the University of Chicago. “If you were an industry that was one-sixth of the U.S. economy, and the government was already your biggest customer, and the government was undertaking a major overhaul of your business, you’d be spending a million bucks a day, too.”

For an argument to have merit, it takes two sides. So far, we have heard only the one side with all the money. The other side, those of us that have the money, need to speak up… after all, we are the ones with the money they are after… Our silence, will cause less to be spent on anything but healthcare… Our exclamations, will allow more money to stay in our pockets…

“Today, sound bytes, not sound policy, determine our country’s course…” Paris Hilton.

We can change that, and it starts with our own Senator Tom Carper.

Advertisements