A fierce debate is raging as to who will pay for this nations skyrocketing sick-care costs.
Private companies have scaled back sharply on health care coverage they used to provide. Employees now pay an increasing percentage of their medical insurance premiums, along with higher deductibles, co-pays, and no-pays (i.e., exclusions). Many businesses provide no health coverage to their employees.1,2
Based on the median income in the United States, the typical family cannot come close to paying the staggering cost of health care themselves.
It seems rather odd, but since neither business nor individuals can afford todays sick-care costs, the burden is increasingly being borne by the sector least able to pay, i.e., heavily indebted state and federal governments.
The federal government is already saddled with a huge unfunded Medicare liability. No one has figured out where the money will come from to cover these future health care costs.
http://www.lef.org/magazine/mag2011...States-What-Congress-Can-Do-to-Stop-It_01.htm
