Government is destroying healthcare

15 hours ago
9

Here's why.

Currently, Medicare/Medicaid spending is 2x the Military budget or 1.9 Trillion dollars. What this does is cause insane amounts of inflation in the Healthcare market.

Hospitals, doctors, pharma, and the FDA all get flooded with unlimited amounts of Government money. There's no incentive for innovation or cost-cutting measures. Insurance companies have to bear excess burdens. High-risk patients are lumped in with low-risk patients. The profit margins are sliced every which way.

Completely Cutting Medicare would plummet the costs of medical treatments and doctor's visits in the US. More people could afford health insurance. More people would get coverage. We could finally work on decreasing the costs.

As of now, with the government pumping 2 trillion dollars into the market, it will NEVER ever be solved.

Think of it this way:

I run a grocery store and sell bananas at .50 cents. Each day my customers come in and buy up all of the bananas. I raise the price of bananas to $1 with the same result. I raise the banana prices to $100, $200, and then $300 and they still sell out, why? My customers have unlimited money. the Federal Government pumps unlimited amounts of money into the industry. That's hyperinflation. That's a huge reason for skyrocketing prices.

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