Is Warren Buffet correct about America needing total health reform?
OMAHA, Neb. — (BY JOSH FUNK, AP) Billionaire Warren Buffett says health care costs are a major drain on U.S. businesses and act like an “economic tape worm.”
The head of the holding company Berkshire Hathaway Inc. said Monday on CNBC that America’s health care system needs fundamental reform to attack costs because it’s not practical to continue devoting roughly 17 percent of the nation’s gross domestic product to health care.
Buffett says much of the rest of the world is paying about 9 percent of their GDP on health care and have more doctors and nurses per person.
He says he hopes Congress will develop a new health care reform proposal that will restrict costs more than any of the current plans would.
In part yes. America can not afford no reform and the GOP plans will not help costs and will not help Americans as much as the reforms Obama wants to bring in.
FACT – Insurance companies in the USA admit to pushing up prices, buying politicians and not paying out claims when they should [a]
FACT – PER PERSON the USA spends more on healthcare than any other nation on the planet [b]
FACT – Obama debated his plans before the election for healthcare [c]
FACT – the chance of a child under five of dying in the USA is greater than industrialised nations with universal health coverage [d]
FACT – Obama was elected to bring in change [e]
FACT – Obama wants to stop insurance companies screwing the American people [f]
FACT – The reforms Obama wants work in the Netherlands and in Switzerland [g]
If anyone can prove the facts above are wrong, e-mail me and let me know.
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