Jeffrey A. Miron
Special to CNN
Government spending on health care is growing at an alarming rate.
If recent trends continue, the two main government programs, Medicaid and Medicare, will increase from 6 percent of the nation's Gross Domestic Product now to about 15 percent by 2040.
This means that, without policy changes, the United States faces enormous budget deficits, substantially higher taxes, or huge cuts in non-health spending.
No one wants higher deficits or taxes, and there is no consensus about cutting other spending. The only way to avoid some combination of these outcomes, however, is to reduce the growth rate of what we spend on health. The question, of course, is how?
| Cindy |
June 15th, 2009 10:47 am ET Health care costs will be even more out of control if Obama has his way and has free health care for all. That is why the AMA is totally against his proposal and why he is trying to woo them today. Cindy..Ga. |
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| Rick McGilton |
June 15th, 2009 10:59 am ET It amazes me how the health care industry makes money and other "incentives" from pharmaceutical companies to use their drugs versus their competitors. They are taking away a physician's right to prescribe by denying prescriptions/medications that they, the health care industry, do not get "incentives" from. It's too bad the patients didn't receive some of these incentives; our rates rise, our benefits are reduced and we can't be prescribed medicine unless it is on their "approved" list. It also bugs me that medicare has a lifetime limit and once you exceed that limit you are no longer covered. |
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| Nydia |
June 15th, 2009 11:09 am ET It's outrageous, especially when you have young ones who have a low immune system and get sick with anything. I sincerely am terrified to take my young ones to the pediatrician. The waiting room is always packed with all kinds of sick children, and I'm afraid that they will come out sicker than they were. Since we live on the border, sometimes it's easier and cheaper just to go accross to Mexico to get treated. |
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| Ben |
June 15th, 2009 11:36 am ET Howcome dental costs are not receiving any attention? Visiting a dentist seems to be a privilage not affordable for many. |
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| sule |
June 15th, 2009 12:12 pm ET There is alot of people who has no insurance in this country because they can't afford it. Public Healtcare Significanty Cheaper. No Insurance VS Goverment Insurance Will take it! |
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| Julie |
June 15th, 2009 2:34 pm ET Why do hard working Americans have to pay for their insurance, along with co-pays to see their doctor and deductibles for healthcare, when immigrants get all of their healthcare for free? I am so tired of everything getting handed to immigrants for free. Why do immigrants get medicaid when they have not put any money into our government? I work all night long supporting my family and still have to pay enormous medical bills while the people having babies on medicaid are getting everyting for free. I am the one being punished for having a good paying job. I understand there are people out there that are suffering hard financial times but the government needs to look at the medicaid system. The government must put limitations on how long people can be on Medicaid and how many children Medicaid would cover. People are abusing the medicaid system by having multiple children they cannot afford therefore the government is having to subside and people on medicaid can just go to the emergency room at any time and get everything paid for while we have to pay deductibles and co-pays. When are we going to stop paying for immigrants and start paying attention to the hard working Americans that are trying to make a good living but are having a very difficult time with the enormous healthcare costs. |
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| Karen1 |
June 15th, 2009 6:42 pm ET More government isnt going to solve the problems you idiots Health Care, Education, Housing, Energy have all gone up because the government keeps putting its face were it don't belong. Starve the institutions to drive down the price. The Government is helping prices to stay up. Their is no reason for the Health Care industry to lower the prices because the government will always pay the bill. It doesnt matter how high it gets. They know it. |
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