That industry, notes Michael Snyder, is an obscenely profitable scam, which Obama’s
bill makes even worse—since it was largely written by and for that industry.
The problem isn’t “government death panels,” or any other paranoid hallucination, but
the actual death-grip of the healthcare and pharmaceutical cartels on “our” government
(and on the medical profession).
25 Facts That Show The U.S. Health Care Industry Is One Giant Money Making Scam
Michael Snyder, The American Dream
What is the appropriate word to use when you find out that the top executive at the third largest health insurance company in America raked in 68.7 million dollars in 2010?
How is one supposed to respond when one learns that more than two dozen pharmaceutical companies make over a billion dollars in profits each year? Is it okay to get angry when you discover that over 90 percent of all hospital bills contain “gross overcharges”?
Once upon a time, going into the medical profession was seen as a “noble” thing to do. But now the health care industry in the United States has become one giant money making scam and it is completely dominated by health insurance companies, pharmaceutical corporations, lawyers and corporate fatcats. In America today, just one trip to the hospital can cost you tens of thousands of dollars even if you do not stay for a single night.