Ever wonder why health care is not affordable? With so much conflicting data and information floating around, it is hard to put it all into perspective.
Enter the infographic; a great way to visualize complex topics.
At first glance, health care does not seem to fit with an investing website. But there is a logical chain of events.
Health care is one of the largest expenses (pre and post tax) for a family or personal budget. Expenses directly affect personal financial statements, as well as personal financial goals, not to mention the amount of money available for investing.
The following chart comes from Medical Billing and Coding; entitled “Why Your Stitches Cost $1,500”. Fascinating stuff.
Via: Medical Billing And Coding
I wonder what the comparison of today’s medicine value with that of the 1950’s would look like? You know, the time when we paid for everything from our own pockets. Just wondering if we got more bang for our buck back then.