Kick’m while they’re down…

November 24, 2007

 http://businessweek.com/bwdaily/dnflash/content/nov2007/db20071120_397008.htm

This is perfectly why we need a single payer plan.  This is just going to get more common.

The gist of the story is that credit card companies are paying hospitals to get handed the accounts of patients and then charging them up o 27% interest.  Most hospitals will work out 0% payment plans.  I guess this is one side effect of the restrictions on bankruptcy that were put into effect a couple of years ago.  Previously people could have declared bankruptcy which is often the only way out of mounting medical bills.

It boils down to our healthcare system being unsustainable.  Our country needs to take a hard look in the mirror and decide if they want to let the poor suffer and die (the captialist approach) or help them out (more socialistic).  I guess as long as we can pretend to have our cake and eat it to we can continue to have many arm chair conservatives.  At a certain point (hopefully before a full blown 30’s style depression) things will reach a tipping point and we will get back on the New Deal bandwagon.  In a democratic or even truly republican system socialism is the natural outcome but as long as the down trodden don’t vote I guess the rich and those the rich ally themselves with (social conservatives) then we will continue until another Great Depression culminating in another World War WILL happen.

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