Unlike virtually every other aspect of our financial life, health care is constantly producing (expensive) new therapies, which people have to have. It's not discretionary spending.
This is why I believe we are all headed for a huge health care crisis, regardless of what policies we have. Whether it's paid for by individuals or taxpayers, it will eventually become too expensive for even the ultrawealthy.
The only solution, as I see it, is for people to adopt healthy lifestyles.
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