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CGM Focus Message Board

  • mogambona mogambona Aug 27, 2009 9:14 AM Flag

    America Has The Best Healthcare System In The World!

    The United States is the only industrialized country in the world without a universal health insurance system.

    Half of all bankruptcies in the USA are caused by medical bills.

    Three-quarters of those filings are people with health insurance.

    Administrative costs account for 31 percent of all health care expenditures in the U.S.

    The average overhead for U.S. private health insurers is 11.7 percent; for Medicare, it is 3.6 percent; for Canada’s national health insurance program, it is 1.3 percent.

    Canadians have a lower infant mortality rate than we do in the United States and live 3 years longer.

    Cubans have a lower infant mortality rate than we do in the United States and have a longer lifespan.

    Lifetime medical costs in the U.S. average approximately $325,000 per person.

    The United States spends twice as much on health care per capita ($7,129) as any other country.

    Despite the fact that Americans spend more per capita on health care than any other nation on Earth, the UN World Health Organization ranks the U.S. 37th on the planet as far as the quality of health of its citizens, 20th in life expectancy and 27th in infant mortality. And nearly 50 million Americans have no health insurance at all! France, on the other hand, was rated number one by the WHO despite only spending $3040 per capita in health care dollars for its citizens. Singapore is ranked 6th in the world by the WHO as far as the quality of health of its citizens, yet it spends a mere $1118 per capita.

    Lastly here are CEO salaries of U.S. insurance/drug companies, using United Healthcare as an example -- your insurance company paid their CEO -- one man -- $324,000,000 over a recent five year period.

    United Health Group
    CEO: William W McGuire
    2005: 124.8 mil
    5-year: 342 mil

    Forest Labs
    CEO: Howard Solomon
    2005: 92.1 mil
    5-year: 295 mil

    Caremark Rx
    CEO: Edwin M Crawford
    2005: 77.9 mil
    5-year: 93.6 mil

    CEO: John Rowe
    2005: 22.1 mil
    5-year:57.8 mil

    CEO: Kevin Sharer
    2005:5.7 mil
    5-year:59.5 mil

    CEO: H. Edward Hanway
    2005:13.3 mil
    5-year:62.8 mil

    CEO: Henri Termeer
    2005: 19 mil
    5-year:60.7 mil
    Merck Raymond Gilmartin
    2005: 37.8 mil
    5-year:49.6 mil

    CEO: Henry McKinnell
    2005: 14 mil
    5-year: 74 mil

    Say NO to a lower cost public option! Terrible service and sky-high costs should remain the only game in town!

    "It is not truth that matters, but victory." - Adolph

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40.15+0.03(+0.07%)Aug 22 6:24 PMEDT

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