The problem with Obamacare is that it is focused on finding the money to pay for what good healthcare costs; instead we should be focused on lowering the cost of healthcare so that people can afford it.
So says Dr. Devi Shetty, a world renowned heart surgeon who owns and manages about 32 hospitals in India. At 62 years of age, he has already performed over 20,000 surgeries. Thats about five or six times the number a typical American surgeon performs over a life time. Remarkably, he has successfully performed surgery on a fetus while it was still in the womb. He was the personal physician to Mother Teresa.
What is most important to know about Shetty, however, is that he has discovered a way to provide high quality healthcare (better than what most American patients receive) for about one-tenth of the cost that we typically pay.
Shettys methods have been studied by such institutions as Stanford and Harvard. He practiced medicine at Guys hospital in London before returning to India. Today he is able to perform heart surgery for about 1/3 less than what it cost him in India 26 years ago.
|John C. Goodman is a Senior Fellow at the Independent Institute, President of the Goodman Institute for Public Policy Research, and author of the widely acclaimed Independent books, A Better Choice: Healthcare Solutions for America, and the award-winning, Priceless: Curing the Healthcare Crisis. The Wall Street Journal and the National Journal, among other media, have called him the Father of Health Savings Accounts.|
Obamacare remains highly controversial and faces ongoing legal and political challenges. Polls show that by a large margin Americans remain opposed to the healthcare law and seek to repeal and replace it. However, the question is: Replace it with what?