Health Care In America.

The Moral Hazard Myth

One of the great mysteries of political life in the United States is why Americans are so devoted to their health-care system. Six times in the past century--during the First World War, during the Depression, during the Truman and Johnson Administrations, in the Senate in the nineteen-seventies, and during the Clinton years--efforts have been made to introduce some kind of universal health insurance, and each time the efforts have been rejected. Instead, the United States has opted for a makeshift system of increasing complexity and dysfunction. Americans spend $5,267 per capita on health care every year, almost two and half times the industrialized world's median of $2,193; the extra spending comes to hundreds of billions of dollars a year.

I had hoped that the major corporations would unite with employee groups to try and solve this one. Instead everyone is looking to just pass the buck on to someone else.