July 31, 2012

WHICH IS WHY A UNIVERSAL HSA/CATASTROPHIC PLAN WORKS:

5% of Americans Spend 50% of Health Care Dollars (MERRILL GOOZNER, 7/31/12, The Fiscal Times)

A new issue brief from the National Institute of Health Care Management adds grist to the mill of those who rebelled against the universal insurance mandate. The study showed that in 2009 half the population - fully 150 million people - spent an average of just $236 per person on health care. That was a paltry $36 billion for the entire group out of $1.3 trillion in personal health care expenditures.
On the other side of the use spectrum, however, just five percent of the population - about 30 million people - spent a whopping $623 billion or about half of all personal health care expenditures. That came to nearly $41,000 per patient.

And if one looks at just the top 1 percent of health care "spenders" - those who were often battling life-threatening or crippling illnesses like heart disease, diabetes, cancer or dementia - they averaged over $90,000 per patient per year. These three million people accounted for over 20 percent of the total health care tab.

We're mandating savings accounts, not health care.



Posted by at July 31, 2012 5:37 AM
  

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