Submitted by Thom Hartmann A... on 16. June 2014
There are some things in this world that shouldn’t be turned into profit-making machines, and healthcare is definitely one of them. Believe it or not, there was a time in America when in almost every state health insurance companies and hospitals were required to be non-profits. Back then, Americans could actually get the healthcare and treatment they needed at affordable prices. But then Ronald Reagan came to Washington, and you guessed it, everything changed.
Suddenly, there was money to be made off of healthcare in America, and a lot of it. Banksters realized that these once-nonprofit hospitals, health insurers, and nursing homes had the potential to become absolute gold mines. Former Senator Bill Frist's family, for example, made billions in the 1980s and 1990s privatizing formerly county and city hospitals, slashing salaries, busting unions, and raising prices.
Slowly but surely, corporations and the wealthy elite took over our healthcare system, and have left us with a healthcare nightmare. That’s why according to a new study by a prominent think-tank, the United States ranks dead last in a review of healthcare in the industrialized world. For the fifth time in a row, the U.S. has been ranked last in the Commonwealth Fund’s annual review of healthcare in developed nations.