Wednesday, April 9, 2014

Brasfield Ch.1-2

I never thought about how health care cost was distributed. When looking at the chart about concentration of Health Care Spending, I see that the "healthy half" or the bottom 50% of the nation only used 3% of all of the health care money. Looking at the percentages, I was truly shocked. 22% is used just on 1% of our nation. A question could be is it fair that people pay increasing health insurance when the most insurance money probably doesn't go to them? Another question could be is there a way to fix this? Why should everyone pay so much money when about 80% of the health care spending goes to only the top 20% of the nation is reference to sick people? I don't think people really think about how unequal the distribution is because insurance is just a thing every thinks they need and just pay for like any other bill and thinks it gives you equal coverage. It will be interesting to see if and how the percentages will change over time as insurance rates increase.

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