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Stroke In The Medical Industry

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Imagine that someone has a stroke. Yes, this seems a little severe but go along with it. They recover and are back to full health because, thankfully, it was just a mild stroke and now they have to pay the cost of all of their treatment. Do you think that they will easily be able to pay for it? The average cost of stroke treatment, according to the American Heart Association, is $19,018. This is a massive amount of money, but does it really cost that much? This is the same question that keeps popping up when looking at various medical treatments and pills. The medical industry has been charging outrageous amounts for treatment and it needs to stop. There needs to be regulation in the medical industry so that everyday people can afford to be …show more content…
They regulate prices on many other industries in the country. They stepped in on the telephone companies when they had a monopoly and were charging extreme amounts for their service. They also stepped in on John Rockefeller and Andrew Carnegie when they had monopolies of their own and completely controlled the prices. The only difference is that there isn’t technically a monopoly in the medical industry, but there are companies working together and setting price standards so that it looks like that is the norm of the industry. Also, the government needs to stop looking at the medical industry as a paycheck and start looking at it as an industry that has become corrupt. The medical industry first came about as a source to help sickly people, but now it has simply become something that punishes people for becoming sick. The people don’t have a choice if they come down with a bad bug, so the hospital shouldn’t have the choice to rip people off and use them as a source of an unreasonable amount of income. In some hospitals they charge three dollars for a pill that you can buy by the hundreds at Walmart for three dollars. It is time for the government to step in and do what is right for the people. There needs to be a cap on the markup percentage of drugs administered in hospitals and doctor’s offices. They are making so much money that they can lobby more than four times the amount as the number two contender. This money isn’t even added up in the industry’s profit margin, so why do we continue to allow them to make a killing off of every day people that are simply trying to stay

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