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Message
Posted on 7/19/17 at 9:46 am to 5thTiger
quote:
Technological advances which are expensive.
wut
Posted on 7/19/17 at 9:47 am to 5thTiger
then why arent they spending money on r&d like they should?
Posted on 7/19/17 at 10:44 am to 5thTiger
quote:
Technological advances which are expensive.
Wrong. Medical technology did not advance that much between 2009 and 2010. My premiums went through the roof and my insurer sent me letters explaining that it was TOTALLY due to Obamacare requirements.
This post was edited on 7/19/17 at 10:52 am
Posted on 7/19/17 at 11:35 am to 5thTiger
quote:Name another field in which technological advances increase cost.
Technological advances which are expensive
In 1990, you could buy:
A Honda Civic LX for $10,450
An Apple Mac LCII for $2400 (just the CPU, no display)
A mobile phone for $1400 (with a $1 per minute rate)
A 2017 Civic LX lists for just under twice what it cost 27 years ago, but is orders of magnitude safer, more efficient, more comfortable and more loaded with features. $2400 buys you a MacBook Pro capable of editing 4K video. And cell phone carriers give phones away for free if you sign up for $50 a month plans (with per-minute call rates too small to calculate, so they throw them in for nothing).
And yet, a routine apendectomy, which cost around $5000 in 1990, would run you an average of $35000 today. And complication rates are roughly the same.
Stop scapegoating "technology" for the unsustainable rise in health care costs. It clouds your view of the real reasons.
This post was edited on 7/19/17 at 11:45 am
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