Posted by Hay hay hay on May 25, 2016 at 06:31:33 from (71.28.196.82):
In Reply to: sticker shock posted by Geo-TH,In on May 24, 2016 at 04:08:52:
The problem is not the insurance...it is the cost of healthcare. No insurance plan can make it free. From Forbes magazine:In 1958, per capita health expenditures were $134. This may seem astonishingly small, but it actually includes everything, inclusive of care paid for by government or private health insurers. A worker earning the average wage in 1958 ($1.98) would have had to work 118 hours�nearly 15 days�to cover this expense. By 2012, per capita health spending had climbed to $8,953. At the average wage, a typical worker would have to work 467 hours�about 58 days.
In short, while time prices for other goods and services had shrunk to less than one quarter of their 1958 levels, time prices for health care have more than quadrupled!
No MRI, Cat-scan, dialysis, or knee replacements in 1958. And no statin drugs or nexium that we eat by the handfuls.
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Today's Featured Article - Tractor Profile: Silver King - by Staff. Silver King tractors were produced by the Fate-Root-Heath Company of Plymouth, Ohio. The company was founded by John Fate in 1884 and was originally called the "J.D. Fate Company". After several mergers over the years, the final company name of Fate-Root-Heath came about in 1919. The first tractor produced was actually called the "Plymouth" tractor and was powered by a 20 HP 4-cylinder engine with a 3x4" bore and stroke. The four speed transmission had a top speed of 25 mph! After more t
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