Wednesday, July 01, 2009

Health-Care Myths at Emac’s Stock Watch | Fox Business

Health-Care Myths at Emac’s Stock Watch | Fox Business: "Myth: “The U.S. has one of the highest infant mortality rates in the developed world.”"

"The U.S. ranks high on this list largely because this country numbers among those that actually measure neonatal deaths, notably in premature infant fatalities, unlike other countries that basically leave premature babies to die, notes health analyst Betsey McCaughey."

"Myth: “About 46 mn Americans lack access to health insurance.”

There is a difference between health care and health insurance, as Fox Business anchor Brian Sullivan points out after researching reports on health care from the Congressional Budget Office, Blue Cross-Blue Shield and Georgetown University.

Everyone has access to health care. They may not have health insurance, but the law mandates everyone who shows up at emergency rooms must be treated, insurance or not, he reports.

About 14 mn of the uninsured were eligible for Medicaid and SCHIP 2003, a BlueCross-BlueShield Association study based on 2003 data estimated. These people would be signed up for government insurance if they ever made it to the emergency room, Sullivan says."

"Myth: “The uninsured can’t afford to buy coverage.”

Many may be able to afford health insurance, but for whatever reason choose to not buy it. In 2007, an estimated 17.6 mn of the uninsured made more than $50,000 per year, and 10 mn of those made more than $75,000 a year"

"Myth: “Most of the uninsured do not have health insurance because they are not working and so don’t have access to health benefits through an employer.”"

"According to a 2003 Blue Cross study, 8.2 mn Americans are actually without coverage for the long haul, because they are too poor to purchase health care, but earn too much to qualify for government assistance."

"Myth: “Nationalized health care would not impact patient waiting times.”

Waiting time for elective surgery is lower in the US than in countries with nationalized health care.

In 2005, only 8% of U.S. patients reported waiting four months or more for elective surgery.

Countries with nationalized health care had higher percentages with waiting times of four months or more, including Australia (19%); New Zealand (20%); Canada (33%); and the United Kingdom (41%)."

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