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“It’s A Crisis Situation”: One Chart Explains Why Obamacare Is Locked In An Inescapable Death Spiral

Ever since it was signed into law in 2010, defenders of Obamacare have dismissed staggering surges in annual premiums by highlighting only the rates paid by those fortunate enough to receive subsidies.  In fact, last year we wrote about Marjorie Connolly’s, from Obama’s Department of Health and Human Services, response to the Tennessee insurance commissioner’s […]


Why Is An Appendectomy In The US 10 Times More Expensive Than An Appendectomy In Mexico?

Authored by Michael Snyder via The Economic Collapse blog, This is what can happen when you go to a socialized healthcare system.  A lot of people out there believe that the United States has a free market healthcare system, but that is actually not true.  The percentage of the population that receives government-subsidized healthcare is […]


Financial Tyranny: “We The People” Are The New Permanent Underclass In America

Authored by John Whitehead via The Rutherford Institute, Americans can no longer afford to get sick and there’s a reason why. That’s because a growing number of Americans are struggling to stretch their dollars far enough to pay their bills, get out of debt and ensure that if and when an illness arises, it doesn’t […]


Healthcare Spending Now Accounts For Almost One-Fifth Of The Entire US Economy

Authored by Michael Snyder via The American Dream blog, Everybody agrees that healthcare costs are way too high.  Back in 1960, healthcare spending accounted for approximately 5 percent of GDP, and by 2020 it is being projected that healthcare spending will account for 20 percent of GDP.  And when you break those numbers down into […]


Fidelity Says Baby Boomers Haven’t Even Saved Enough To Cover Their Healthcare In Retirement

While statistics are somewhat sketchy on the topic, most research suggests that the average retirement-age household has managed to set aside roughly $200,000-$250,000 for their golden years.  Unfortunately, they’ll need more than that just to cover their healthcare costs.  Per Bloomberg notes today, the average 65-year-old couple will need roughly $275,000 to cover their healthcare […]