It’s not a matter of acceptance. We can’t accept the cost of anything consistently growing at a rate faster than GDP. That’s just math, not ethics or political choice theory or anything else. Health care cost growth is going to slow one way or the another.
Watch what happens to the GDP if they don’t tackle the health care problem. You think it’s expensive now? Negotiating drug prices isn’t going to solve the problem. Having “health insurance” isn’t going to work when an AI decides whether your illness warrants saving you.
You all need to think about what’s going to happen to you when you can’t move anymore. Will you have enough money? Triple it. Maybe 6x it. Only the rich will be able to live healthy unless you’re diligent about your own health or strike it rich in an IPO.
But growth is also going to slow due to demographics, and this is unavoidable. Are we going to prioritize caring for humans? Or line goes up? Because line goes up is going to hit the demographic wall eventually.
It has more to do with demand than being anything. Demand for healthcare is highly inelastic. If the price of Pokémon’s grew faster than GDP consistently we would be fine. But if the price of a necessity for life does, we will not be fine.
This is why life necessities are often treated as a public responsibility. Health care is one of the few that is treated as a luxury.
