- Deputies: Man, woman tried to arrange killing of his estranged wife (5/21/17)1
- Cape fines contractor $1,100 a day for street-project delays; contractor blames utility relocations (5/18/17)13
- Former coroner convicted of felony theft now faces prison in misdemeanor case (5/23/17)2
- Cape police say man assaulted, kidnapped girlfriend (5/21/17)2
- Woman may lose foot after being hit by moped (5/24/17)
- Mississippi County sheriff fights efforts in court to remove him from office (5/21/17)4
- Business notebook: Woman, sister-in-law buy Perryville custom-wear shop (5/22/17)
- Cape man accused of shooting a woman in Jackson (5/21/17)
- Police apprehend Charleston man they say hit Cape woman with car (5/24/17)
- Broadening horizons: Heartland Dream Team founder stays committed to area youth (5/21/17)2
Health costs are excessive
The real health care issue is the excessive cost of the current system in the U.S. Not only do we spend more than 16 percent of GDP on health care, compared with Canada's 9.7 percent, we also have shorter life spans. Where does the extra money go?
The Dartmouth Atlas, published jointly by the medical school and the economics department of Dartmouth University, has estimated 30 percent of health care spending in the U.S. is wasted. It buys us nothing beneficial.
It is easy to believe the more health care we receive, the better it is. In 2006 at least 60 million surgical procedures were performed in the U.S. More than 100,000 people died that year from complications of surgery and medical errors. This is many times the number killed in automobile accidents (source: New Yorker article by Dr. A. Gawande, June 1).
Many are upset by the possibility of tax increases to pay for vague reform proposals. I am also. But excessive spending on health care hurts all of us. The net result means substantial funds are not available for other personal or governmental spending or savings. This excessive burden is an ever-increasing handicap for the U.S. in competing economically with the rest of the world.
If we could lower spending to Canada's level, the savings would be $736 billion.
All bubbles burst. Health care spending in the U.S. is the latest bubble. Economist Herbert Stein once stated: "What can't continue won't"
STEVE RICKARD, Cape Girardeau