Monday, December 4, 2017

The Cost of Medical Treatment is a Huge Part of the GDP

When the GOP Congress eliminates cancer treatments from Medicare the cancer patients stop being patients and instead become the living dead waiting to die. But there are other parties who will suffer. The pharmaceutical industry that makes the chemo drugs and the radiation therapy industry who zaps cancers for thousands of dollars per year.

It appears the GOP Congress is so bent on altering the spending patterns of the health insurance industry that they forget the money doesn't go to the medical patients but to the hugely profitable medical corporations.

When a person cannot pay large medical bills, they have the option of bankruptcy to shield at least some of their essential assets. Bankruptcy denies the medical industry payment for their services. Being corporations, they rely on the socialist principle of sharing the burden by raising the rates and prices charged to everyone else who can pay or has adequate insurance.

By cutting off people from a payment system who have expensive illnesses and conditions the Congress is denying those people that same socialist sharing of the cost burden which they grant to the recipients of payment.


Ultimately cutting a $1 trillion from the payments of medical services reduces the earnings of the medical corporations by $1 trillion.

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