Q&A: DAVID GOLDHILL, AUTHOR- CATASTROPHIC CARE: How American Health Care Killed My Father And How We Can Fix ItWritten on October 31st, 2014
This week, my guest is DAVID GOLDHILL. After the death of his father, Goldhill, a business executive, began a personal exploration of a health-care industry that for years has delivered poor service and irregular quality at astonishingly high cost.
His September 2009 Atlantic cover story rocked the health-care world, and Goldhill has written a book expanding on the topic, Catastrophic Care: How American Health Care Killed My Father-And How We Can Fix It. It is a system, he argues, that is not worth preserving in anything like its current form. He asserts Obamacare will not fix it, and offers his own radical solution.
* As a nation, we now spend almost 18% of our GDP on health care.
* In 1966, Medicare and Medicaid made up 1% of total government spending; now that figure is 20%.
* The federal government spends
– 8 times as much on health care as it does on education
— 12 times what it spends on food aid to children and families
— 30 times what it spends on law enforcement
— 78 times what it spends on land management and conservation
— 87 times the spending on water supply
— 830 times the spending on energy conservation.
* For every two doctors in the U.S., there is now one health-insurance employee-more than 470,000 in total. In 2006, it cost almost $500 per person just to administer health insurance.