If the goal is to reduce the cost of healthcare for all, the the obvious solution lies in this direction:
https://www.forbes.com/sites/michae...-create-50-of-health-care-costs/#206fa54f28d7
If the goal is to reduce income and wealth inequality, then the solution is to tax heavily the top 5%.
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This is when the discussions about courage and character by lawmakers, practitioners and patients moves front and center. These patients tend to be newborns with serious issues and the elderly, who are often quite ill. According to one study (Banarto, McClellan, Kagy and Garber, 2004), 30% of all Medicare expenditures are attributed to the 5% of beneficiaries that die each year, with 1/3 of that cost occurring in the last month of life. I know there are other studies out there that say slightly different things, but the reality is simple: we spend an incredible amount of money on that last year and month.
Is it worth it?...
https://www.forbes.com/sites/michae...-create-50-of-health-care-costs/#206fa54f28d7
If the goal is to reduce income and wealth inequality, then the solution is to tax heavily the top 5%.