This is putting things exactly backwards. The argument is roughly "Treating a minor condition cost $24k, which could wipe people out financially, therefore PPACA is important."
Where is the outrage over this price? What part of PPACA does ANYTHING to reduce this cost? PPACA does essentially 2 things: 1) It makes insurance "affordable" for people who previously couldn't obtain it at all. 2) Drastically increases demand for health care, without adding to supply or controlling costs any other way.
Insurance is simply a distribution of cost over a risk pool. If relatively mundane life happenings cost $24k, and nothing is being done to fix that, we're in real trouble, and I think we are.
Nothing done to increase the pool of doctors. Nothing done to control medical lawsuit costs, which transfer money from the insurance pool to individuals. Nothing done to control the cost of drugs (and in some cases, aggravated by making more expensive drugs "free").
Bring the cost down to $2,400 and "wiping people out" isn't as big a concern.
Where is the outrage over this price? What part of PPACA does ANYTHING to reduce this cost? PPACA does essentially 2 things: 1) It makes insurance "affordable" for people who previously couldn't obtain it at all. 2) Drastically increases demand for health care, without adding to supply or controlling costs any other way.
Insurance is simply a distribution of cost over a risk pool. If relatively mundane life happenings cost $24k, and nothing is being done to fix that, we're in real trouble, and I think we are.
Nothing done to increase the pool of doctors. Nothing done to control medical lawsuit costs, which transfer money from the insurance pool to individuals. Nothing done to control the cost of drugs (and in some cases, aggravated by making more expensive drugs "free").
Bring the cost down to $2,400 and "wiping people out" isn't as big a concern.