by Charles Hugh Smith
Of Two Minds
“Healthcare” grift, graft, fraud and financialized skims / scams will bankrupt the nation.
I’ve been writing about America’s healthcare system for 18 years, emphasizing two enduring themes: 1) our lifestyle is unhealthy, with predictable consequences and 2) healthcare as it is currently configured will bankrupt the nation all by itself.
This recent article on how having a baby without complications now costs over $44,000 adds a third theme: the tragi-comic insanity and absurdity of the “healthcare” system that has been normalized, as if this is the only possible way to organize healthcare:
Lastly, Kayla reveals that her baby received a bill, too, which added up to $12,761.30 without insurance. For their family of five now, the cost of insurance per month is $2,500 — a nearly $400 increase from when they were just a family of four. “We’re still waiting for him to process on our insurance,” she explains, “so, for now, this is the cost without it.”