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Rapidly Rising US Health Care Costs Will Lead to more Medical Tourism, Here’s Why

 

As I’ve said in these pages often, Health Care costs in the US are so inflated that it’s much less expensive for non emergency care & routine surgery to go outside of the country. Recent proposed insurance premium increases are startling, especially after the last few years of steady increases. While for some, subsidized care is a boon, however for the majority of users, costs have far outpaced inflation even doubling in many cases. Thanks to Karl Denninger of the Market Ticker for the following heads up on upcoming increases & ideas on how we might change things:

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After They Take Your Pension, Will They Come for Your Healthcare Too?

In it’s ever growing more obvious disregard for the middle class & even the rule of law itself, Congress last week voted to retroactively allow for pension benefits to be reduced in the future. While the media focused on the Torture Report (another blatant disregard for morality & the rule of law,) Congress overturned nearly 40 years of Pension law and opened the door for future reductions of retiree benefits once guaranteed by law.

From an article on Naked Capitalism:

Cromnibus Pension Provisions Gut Forty Years of Policy, Allow Existing Pensions to Be Slashed

           Under the bill, trustees would be enabled to cut pension benefits to current retirees, reversing a 40-year bond with workers who earned their retirement packages.

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