$ 3.5 trillion a year: is the US health care system the biggest scam in the world that generates money? • Good Assurance


Written by Michael Snyder via the blog The Economic Collapse,

If the US health care system were a country, it would have the fifth largest GDP in the world. At this stage, only the United States, China, Japan and Germany have a GDP higher than the US $ 3.5 billion health care market. If it sounds obscene to you, it's because it's obscene. We should wish that people are attracted to the health care industry because they really want to help people who are suffering, but the main reason people are attracted to the health care sector of nowadays is because of the huge mountains of silver made. Like many other things in our society, the health care industry is entirely focused on finding the almighty dollar, and that 's just wrong.

In order to maintain this gigantic slot machine, the health care sector has to make a huge amount of marketing. If you can believe it, a study just published revealed that at least $ 30 billion a year is spent on such marketing.

Hoping to earn his share of $ 3.5 trillion In the health care market, the medical industry spends more money than ever before advertising its products – whether it's costly prescriptions, self-made genetic tests, or treatment-based treatments. unapproved stem cells.

Spending on health care marketing almost doubled from 1997 to 2016, at least $ 30 billion a year, according to a study published Tuesday in JAMA.

This marketing takes many different forms, but the most odious are perhaps the television commercials that constantly peddle various pharmaceutical drugs. If you watch a lot of television, you certainly can not miss it. They always show dynamic, smiling and healthy people who participate in various outdoor activities on sunny days. In conclusion, if you want to be like these people, you have to take their medication. And the sentence "Ask your doctor" is usually near the end of each ad …

The largest increase in medical marketing over the last 20 years has been in "direct-to-consumer" advertising, including TV commercials that urge viewers to "ask your doctor" about a particular drug. Spending on these ads has increased from $ 2.1 billion in 1997 to almost $ 10 billion in 2016., according to the study.

As a result of all these commercials, millions of Americans rush to their doctors to ask for medications they do not need to cure diseases that they do not have.

And on January 1st, dozens of pharmaceutical manufacturers hit the Americans with another annual cycle of massive price increases.

But everyone will continue to take these medications because that's what doctors tell them to do. But what most people never find out is that the pharmaceutical industry is striving to get these doctors to do what they want. according to at NBC Newsthe big drug companies "constantly give them free food, drinks and speaker fees while paying for conferences."

It's a legal form of corruption, and it works.

When you see most doctors, they have only two solutions to your problem: drugs or surgery.

And since no one really likes to be turned down and drugs are usually the cheapest choice, they are usually the preferred option.

Of course, if doctors stand out and try to become cute by offering alternative solutions, they can have big problems very fast

Today's doctors are not allowed to give advice on nutrition. American Medical Association will come close themand even if they were, they did not know what to say, because they were not educated in the medical school. So, instead, Dr. D. is just launching experimental, addictive drugs, symptoms of deeper disease, as well as immune-destroying antibiotics and carcinogenic vaccines.

That's why all the drugs that harm your health are easy to find, just like junk food in vending machines. The money is not derived from the "sales" products, it comes from sick fools who reoffend and return to the well for more poison – this is called chronic disease treatment or symptom management . Fact: Prescription drugs are the fourth cause of death in America, even when "taken as directed."

Change speed, let's talk about hospitals for a moment.

When you go to the hospital, it's often during hard times. If you are seriously ill or if an accident has occurred and you think you are dying, you are not thinking about what your medical care will cost. At that point, you only want help, so predators have a great opportunity to take advantage of you.

Take the example of Nina Dang, 24 years old. She broke her arm while she was cycling in San Francisco and went to the emergency room.

The hospital where Facebook CEO Mark Zuckerberg has given so much money to definitely repair his arm, but later they broke his bank account when they hit her with a bill of $ 24,000

A passerby saw him fall and called an ambulance. She was semi-lucid for this ride, awake but unable to answer basic questions about her place of residence. Paramedics took her to the emergency room at Zuckerberg San Francisco General Hospital, where doctors had an X-ray on the arm and a CT scan of the brain and spine. She left with a splint on the arm, with pain medication and a recommendation to follow up with an orthopedic surgeon.

A few months later, Dang received an invoice of $ 24,074.50. Premera Blue Cross, its health insurer, would only cover $ 3,830.79 of this sum. – an amount that she considered just for the services provided. That left Dang with $ 20,243.71 to pay, which the hospital threatened to send to the collections in mid-December.

Most Americans assume that if they have "good health insurance", they are covered in case of a major event.

But as Dang discovered, you can still end up with crippling hospital bills, even if you have insurance.

Today, medical debt is the main reason why Americans declare bankruptcy. Because of the way our system is set up, most families are just a serious disease of financial ruin.

And that sort of thing does not just happen in California. The median rate for a visit to the national emergency room is well over a thousand dollarsand you can be charged up to 30 dollars for a single pill of aspirin during a hospital stay.

Our health system is deeply broken, and it was designed to make the most money out of everyone.

Unfortunately, we are stuck with this system for the moment. The healthcare sector is certainly not going to reform, and traffic jams in Washington will make a political solution impossible in the near future.