By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    healthcare cybersecurity
    4 Helpful Tips on How to Protect Your Medical Practice Against Cyber Attacks
    October 24, 2021
    Health Check Diagnosis Medical Condition Analysis Concept
    6 Health Woes With Online Remedies
    January 19, 2022
    Eight Things Men Should Know About the Male Menopause
    Eight Things Men Should Know About the Male Menopause
    April 24, 2022
    Latest News
    The Wide-Ranging Benefits of Magnesium Supplements
    June 11, 2025
    The Best Home Remedies for Migraines
    June 5, 2025
    The Hidden Impact Of Stress On Your Body’s Alignment And Balance
    May 22, 2025
    Chewing Matters More Than You Think: Why Proper Chewing Supports Better Health
    May 22, 2025
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    Hepatitis C Drug Battle: What’s Going On?
    January 15, 2015
    Image
    What’s Wrong with Pay for Performance?
    February 14, 2013
    If Anti-Vaccine Parents Rode The Magic School Bus
    July 30, 2015
    Latest News
    Strengthening Healthcare Systems Through Clinical and Administrative Career Development
    June 13, 2025
    Building Smarter Care Teams: Aligning Roles, Structure, and Clinical Expertise
    May 18, 2025
    The Critical Role of Healthcare in Personal Injury Recovery: A Comprehensive Guide for Victims
    May 14, 2025
    The Backbone of Successful Trials: Clinical Data Management
    April 28, 2025
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Neither Rain, Nor Snow, Nor Sleet, Nor Hail… But Health Care Costs Stop the Postman
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Policy & Law > Health Reform > Neither Rain, Nor Snow, Nor Sleet, Nor Hail… But Health Care Costs Stop the Postman
Health ReformPolicy & Law

Neither Rain, Nor Snow, Nor Sleet, Nor Hail… But Health Care Costs Stop the Postman

DavidEWilliams
Last updated: August 1, 2012 8:02 am
DavidEWilliams
Share
3 Min Read
SHARE

Email and social media may be contributing to the decline of the United States Postal Service, but retiree health care costs are what’s really killing it. When your local post office closes and Saturday delivery ends, you can blame Facebook and Google if you want, but the health care system is perhaps a more deserving culprit.

Email and social media may be contributing to the decline of the United States Postal Service, but retiree health care costs are what’s really killing it. When your local post office closes and Saturday delivery ends, you can blame Facebook and Google if you want, but the health care system is perhaps a more deserving culprit.

The postal service is mandated by Congress to pay about $11 billion per year for retiree health benefits. That’s a huge chunk of the $14 billion in expected losses for 2012, and it looks like that $11 billion might not be paid in this year. I don’t know what the USPS pays for health care for active staff and dependents but no doubt it’s also a significant contributor to the fiscal gap.

Health care costs are a major drag on the public and private sectors. As I pointed out a couple weeks ago, four of the six major financial challenges facing the states are health care related. The federal budget deficit is largely a function of health care spending. And of course companies and individuals face challenges paying for health care, too. Other countries face health care cost challenges, too, but no one has it as bad as the US. If anything, our demographics make us lucky, because our elderly population comprises a lower share than in Western Europe and Japan.

More Read

Diabetes and Obesity Driving Global Treatment Markets
Experimental Cholesterol Drug Cuts LDL Levels in Half After 1 Year
Why A Good Turo Lawyer Can Help Cover Medical Fees
Primary Care Deserts Do Not Disappear With Nurse Practitioners
Preventive Medicine, Home Health & ACOs

I can understand why critics of ObamaCare rail against the individual mandate and other coercive aspects of the Act. Sure, it can seem un-American to force someone to buy something. But our current health care system is a serious drag on the economy and on private enterprise. It sounds heretical but maybe a real “government takeover” of the health care system with serious “rationing” is what we need to revive capitalism.

 


TAGGED:healthcare costs
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

Transcranial Magnetic Stimulation (TMS) Therapy
How TMS Therapy Helps with Treatment-Resistant Mental Illness
Mental Health Therapies
June 13, 2025
Strengthening Healthcare Systems Through Clinical and Administrative Career Development
Global Healthcare Policy & Law
June 11, 2025
magnesium supplements
The Wide-Ranging Benefits of Magnesium Supplements
Health
June 11, 2025
preparing for next pendamic
Preparing for the Next Pandemic: How Technology is Changing the Game
Technology
June 6, 2025

You Might also Like

Medical EthicsPublic Health

Lessons For Understanding The Cord Blood Transplant Process

May 22, 2020
A Guide to Securing Your Long-Term Health After a Car Accident preview
Health care

A Guide to Securing Your Long-Term Health After a Car Accident

July 21, 2024

World Obesity on the Rise

August 28, 2011

Hospitals Push Hard for Medicaid Expansion

May 2, 2013
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?