Thursday, May 1, 2008


Megan sez:

News flash: health care costs so much because we consume so much, not because evil insurers are price-gouging
At the end of her quoted passage:
In 2006, the income earned by the 50 biggest nonprofit hospitals alone came out at $4 billion.
No, pharmaceutical company profits weren't mentioned.
Megan? If you charge someone $100 for a loaf of bread, it's not their fault when they end up spending several thousand a year on it.

1 comment:

Dhalgren said...

Two words: Prescription Drugs. The R&D for Big PhARMA has reamined flat at 18-20% for years. But advertising, sales, and marketing costs have skyrocketed since 1996, when prescription drug advertising rules were relaxed.