- In 2014, spending on healthcare in in the United States was $9,176/person.
- The cost of operating an average sedan for 1 year was $8,876.
- Both people and automobiles, on average, tend to go many years needing only basic maintenance. Major repairs are relatively infrequent.
- In 2014, of that $9,176 spent on healthcare/person, consumers directly paid only $1,082 (~12% of the cost of healthcare spending/person).
- The average car insurance premium/year was $1,032 (~12% of the cost of operating a vehicle for 1 year).
While the ~12% figure is the similar, who in their right mind expects automobile insurance companies to provide access to an oil change or purchases very expensive automobile insurance to cover every conceivable expense that might ever be incurred for owning a car?
Yet, that's how Obamacare is structured. But, worse yet, it doubles-down on this lunacy by spending more on healthcare while failing to ensure access to it.
Have employer-provided healthcare benefits? No problemo, muchachos y muchachas! You're shielded from what medical care actually costs. You won't be, however, when you retire and lose those benefits, your company stops providing those benefits, or Obamacare's ultimate objective--a single-payer system--is achieved.
Then, everyone will be on the same level playfield called "government entitlement"...just like at the DMV.
Ah, yes..."just relax." That's all the people need: More "hopium et changium."
Let the discussion begin...
To read the Real Clear Policy article, click on the following link:
"Why There's No Car-Care Crisis."