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The Rising costs of Healthcare

This week's This American Life has a superb analysis of the rise in healthcare costs over the past decade. The story - in four acts - looks at healthcare costs from the perspective of doctors, patients and the insurance industry.

For more on why on the cost of Healthcare see the YouTube video below.

(Photo credit:  thatmushroom on Flickr.)

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Should Government run our Health Insurance?

NPR's Planet Money podcast recently discussed the concept of a single-payer healthcare system with Donna Smith of the California Nurses Association and Stuart Butler of the Heritage Foundation.

To play mp3s in your browser, you will need to have Javascript turned on and have Flash Player 9 or better installed.

During the show they mention the video below regarding why a universal healthcare system, with a single-payer would bring down costs. The U.S. Senate Finance Committee recently twice voted down the Obama Administrations so-called public option. Such a single payer system is, however, prevalent in many countries such as Canada and the UK. The arguments in the videos below give a good overview of the pros and cons of each approach.

And a critique from How the World Works

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