Profits Soar, Along with U.S. Uninsured

The U.S. is said to offer gold-standard health care, but as the most expensive health system in the world, some here say that only people with a pot of gold can get that care. 

Drug prices, health insurance, doctor visits and hospital stays are too expensive for many people to afford, while insurance and drug company profits continue to climb. 

The nation is entering a health care crisis, many leaders and experts say. An estimated 46 million people do not have health insurance because they cannot afford it, and the U.S. has one of the poorest health profiles of the developed world. 

Meanwhile, in 2005, pharmaceutical giant Johnson and Johnson earned profits of 10 billion dollars and Pfizer had profits of eight billion dollars, according to Fortune Magazine. 

Health care is bankrupting even well-to-do U.S. citizens, especially people who have the misfortune of becoming seriously ill. 

"The reason our health system is so crazy is we treat health care as a commodity. That really doesn't work. Most countries see it as part of their job to take care of their people," Meizhu Lui, executive director of United for a Fair Economy, told IPS. 

Read the full column by Adrianne Appel on IPSNews.net.


Showing 1 reaction

Please check your e-mail for a link to activate your account.
  • frelan deep
    commented 2019-04-20 07:17:47 -0400
    The Us Offers health care at the standard of gold is a sensible thing, but we should look forward to how much it is reaching all the section of people. U.S govt should ban the frauds in the Pharmacy field who are playing with people health

Boston

184 High St., Suite 603
Boston, MA 02110
(617) 423-2148

Durham

711 Mason Road
Durham, NC 27712

We gather as guests on Indigenous land

Created with NationBuilder