Health Care Revolt by Michael Fine

Author:Michael Fine
Language: eng
Format: epub
Publisher: PM Press
Published: 2018-11-15T00:00:00+00:00

1 David Himmelstein and Steffie Woolhandler, “The Post-Launch Problem: The Affordable Care Act’s Persistently High Administrative Costs,” Health Affairs blog, May 27, 2015, available at https://www.healthaffairs.org/do/10.1377/hblog20150527.047928/full/ (accessed April 15, 2018).

2 Kerry Close, “Here’s How Many Billions Obama Care Will Cost in 2016,” Money, March 24, 2016, available at http://time.com/money/4271224/obamacare-chhost-taxpayers-2016/ (accessed April 15, 2018).

3 Indeed, it appears that income inequality and wealth inequality have both increased between 2009 and 2015. Real income in the upper 1 percent increased by 15 percent in those years, or by about $89,000 per person. Real income in the bottom 90 percent increased by 0.6 percent in those years, or by about $220 per person. The average real income in the bottom 90 percent is only about $33,000 per person, which is a third of the increase achieved by the top 1 percent. Income inequality has many causes, most of which are related to economics, technology, and social organization. Recent economic data suggest improving incomes among the poor and middle class. It will take years to sort out the actual impact of Obamacare on income inequality and on health. See “Income Inequality in the United States,” Inequality.org, available at http://inequality.org/income-inequality/ (accessed April 15, 2018).

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