Thanks for healthcare’s ever rising costs, the truth hits home in Tip O’Neill’s backyard.
Hunt Lawrence and Daniel J. Flynn November 1, 2018
Massachusetts considers a ballot question on Tuesday that proposes to “limit how many
patients could be assigned to each registered nurse in Massachusetts hospitals
and certain other health care facilities.” Judging by
signage and surveys, “yes” on Question 1 appeared headed for an overwhelming
victory. Then something happened. Voters thought about the consequences...............Compliance with the law similarly means higher costs passed on to
consumers................
Americans spend
about $3.5 trillion, 18 percent of gross domestic product, on healthcare .............. estimated that that raw number increases to $5.7 trillion by 2025 — a
fifth of gross domestic product.
Americans may
not know that in 1950 we spent five percent of GDP on healthcare or in 1970 we
expended about seven percent of GDP on healthcare..............The inflating costs
effectively work as a massive tax hike on Americans............To Read More......
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