The high cost of health care

Stories like this are just going to get more frequent.

The number of medical interventions that save money is small. The number that improve duration or quality of life is high.

Somehow as a society we are going to have to make decisions about how much we are willing to spend, if everyone should have the same access to all the healthcare that the rich will pay for, and, if so, how we will pay for it.

Right now, things are barely holding together. I am all for market solutions, but when you read stuff like this

Families can face a cruel choice: Keep working and go into debt or bankruptcy, or quit a job or get a divorce to cut income to the level that qualifies for Medicaid, the federal-state insurance program for the poor and disabled.

you know that the market isn't working very well.