America’s ‘Healthcare’ System Is Now a Structured Financial Skim/Scam
“Healthcare” grift, graft, fraud and financialized skims / scams will bankrupt the nation.
I’ve been writing about America’s healthcare system for 18 years, emphasizing two enduring themes: 1) our lifestyle is unhealthy, with predictable consequences and 2) healthcare as it is currently configured will bankrupt the nation all by itself.
This recent article on how having a baby without complications now costs over $44,000 adds a third theme: the tragi-comic insanity and absurdity of the “healthcare” system that has been normalized, as if this is the only possible way to organize healthcare:
Lastly, Kayla reveals that her baby received a bill, too, which added up to $12,761.30 without insurance. For their family of five now, the cost of insurance per month is $2,500 — a nearly $400 increase from when they were just a family of four. “We’re still waiting for him to process on our insurance,” she explains, “so, for now, this is the cost without it.”
One user said, “America’s healthcare system is a joke… how does the newborn have a $12k bill?”
It’s more than a joke–it’s travesty of a mockery of a sham of a system that actually improves health. There’s an even darker side of the picture–the takeover of the system by financiers and fraudsters–which truth be told is a redundancy.
We can now add a fourth theme: stripped of purposeful opacity, America’s “healthcare” system is nothing more than a structured financial skim/scam. Before we dig into that, here are a few of the dozens of posts I’ve written on “healthcare” since 2008:
Article from LewRockwell
LewRockwell.com is a libertarian website that publishes articles, essays, and blog posts advocating for minimal government, free markets, and individual liberty. The site was founded by Lew Rockwell, an American libertarian political commentator, activist, and former congressional staffer. The website often features content that is critical of mainstream politics, state intervention, and foreign policy, among other topics. It is a platform frequently used to disseminate Austrian economics, a school of economic thought that is popular among some libertarians.
