Gyroscopic Investing

Yet those who work in the health care industry and those who argue over health care policy seem inured to the shock. When we debate health care policy, we seem to jump right to the issue of who should pay the bills, blowing past what should be the first question: Why exactly are the bills so high?

What are the reasons, good or bad, that cancer means a half-million- or million-dollar tab? Why should a trip to the emergency room for chest pains that turn out to be indigestion bring a bill that can exceed the cost of a semester of college? What makes a single dose of even the most wonderful wonder drug cost thousands of dollars? Why does simple lab work done during a few days in a hospital cost more than a car? And what is so different about the medical ecosystem that causes technology advances to drive bills up instead of down?

http://healthland.time.com/2013/02/20/b ... illing-us/

Thoroughly interesting article.
I saw the author on Jon Stewart the other day and actually bought the magazine on my tablet. Didn't see your post until after...
Should almost have everyone on Medicare, and scrutinize the costs of each procedure. Also need some significant legal reform to prevent courts from getting involved in medical matters.

MG, I don't always agree with your posts (and sometimes I think you post too much!), but I am ever amazed how much stuff you read. Absolutely amazing! Sure would be interesting to meet you. There are so many brilliant and interesting people on this crazy forum.

BearBones wrote: MG, I don't always agree with your posts (and sometimes I think you post too much!), but I am ever amazed how much stuff you read. Absolutely amazing! Sure would be interesting to meet you. There are so many brilliant and interesting people on this crazy forum.

+1

+2

Where does he find all these topics?
Sure keeps me thinkin...