The Cost of Health Care

One of the smartest people I know in the health-care field is Bill Atkinson, CEO of WakeMed.
 
Not long ago, he made a point that gets little attention in today’s debate: That most American families – no matter how well off – are one major illness from financial ruin.
 
The debate seems to have settled into camps of the haves versus the have-nots. Everybody who has health insurance and isn’t scared to death wants government to keep out of health care (including those confused individuals who want the government to stay out of their Medicare).
 
If most people understood the financial burden than their or a family member’s extended illness could bring about, they’d be begging for socialized medicine.

 

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Gary Pearce

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The Cost of Health Care

One of the smartest people I know in the health-care field is Bill Atkinson, CEO of WakeMed.
 
Not long ago, he made a point that gets little attention in today’s debate: That most American families – no matter how well off – are one major illness from financial ruin.
 
The debate seems to have settled into camps of the haves versus the have-nots. Everybody who has health insurance and isn’t scared to death wants government to keep out of health care (including those confused individuals who want the government to stay out of their Medicare).
 
If most people understood the financial burden than their or a family member’s extended illness could bring about, they’d be begging for socialized medicine.

 

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Gary Pearce

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