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Health Care Reform Open Thread

OBAMA: “You haven’t seen me out there blaming the Republicans.” OBAMA three minutes earlier: “I’ve heard that one Republican strategist told his party that even though they may want to compromise, it’s better politics to ‘go...

Health Care Facts and Figures

The healthcare reform debate is heating up. As you listen to the debate, its prudent to have some facts and figures at your finger tips. Total Healthcare Spending Total health care spending was $2.4 TRILLION in 2007, or $7900 per person. Total health care spending...

Healthcare Spending by Age Group

Health Care Spending by Age Group Since my previous attempt to break down health-care costs demographically was a failure, I thought I’d try it again. Here’s what I came up with. Age Group 1990 Total 2006 Total Under 25 $1,057 $3,016 25 to 34 $2,081 $4,576...

Healthcare Costs are Up. Why?

Healthcare Costs are Going Up Healthcare costs are rising. This is not a repeat from 1960, 1980, 1990, 2000 or just about every year in between. The chart below is the Census Bureau’s Healthcare CPI over the last 25 years for Physicians, Hospitals and...

How Much Does the Average Prescription Drug Cost

Retail Prescription Drug costs: 1995 and 2007 Drug Type 1995 2007 All prescriptions $30.01 $69.91 Brand drugs $40.22 $119.51 Generic drugs $14.84 $34.34 The average prescription drug cost is $69.91. Of that amount, the manufacturer receives $54.30, the wholesaler...