April 12th, 2013
07:47 PM ET

On GPS Sunday: Debating health care costs, and Obama's new budget

"Fareed Zakaria GPS," Sundays at 10 a.m. and 1 p.m. ET on CNN

On GPS this week: President Barack Obama has released his budget. But what should we make of it? Ronald Reagan's budget director, David Stockman, debates Obama's top former economic adviser Austan Goolsbee.

Then, the biggest driver of U.S. debt: Health care. Steven Brill and David Goldhill discuss why the system needs fixing – and how to do it.

“You volunteer to have LASIK surgery,” Brill says. “You certainly volunteer to have a facelift. You don't wake up in the morning and say, gee, I think I'm going to, you know, have a heart attack today, I ought to go shop around and see which emergency room is going to be the best for me, what their prices are and what their quality is.”

Later, why the future of food may well be Chinese: a conversation with new CNN host Anthony Bourdain. Finally, a business ethics lesson from an unlikely source: India. 1-on-1 with Ratan Tata, the former chairman of India's Tata Group.

Topics: GPS Show

soundoff (7 Responses)
  1. Timmy Suckle

    I kissed my way up to VP at a health insurance company. Now I take over $600,000 of your health care dollars for NO VALUE ADDED to your health care. And that’s just me. Now think about how many other VPs, Directors, Managers, etc. are at my company alone. Now multiply that by thousands of others at hundreds of other health insurance companies. From 10 to 25% of your health care dollars go towards administration that adds NO VALUE to your health care. But my company’s PAC dollars will continue to fool you little people into thinking that a single payer system will be bad. Little people like you are so easy to fool. Little people also don’t realize that a single payer system is the ONLY system that would allow little people (as an entire country) to negotiate better health care prices. Little people don’t realize that the Medical Cartels already know that. And that is the reason why the Medical Cartels spend so much PAC money from the hospitals and doctors lobbying against a single payer system. Some little people say that a single payer system would cost you little people more. But if that were true, then wouldn’t the hospitals and doctors WANT that extra money? Yes they would. So why do the Medical Cartels lobby against a single payer system? It’s because the Medical Cartels know it would allow little people to negotiate better health care prices. And that’s what the Medical Cartels are afraid of. Period.
    But us big wigs at insurance companies, hospitals, and pharmacy companies don’t ever need to worry about health care no matter what it costs. We get our health care paid for one way or another by you little people. And we get the little people that work at our companies to contribute to our PACs. And us big wigs say it’s to protect the little peoples’ jobs. But in reality it would be in the little peoples’ best interest to NOT contribute to the PAC. Again, little people are so easy to be fooled. I won’t ever have to worry about losing my job with so many little people being brain washed by the Medical Cartels’ PAC money. Not only that, the Medical Cartels’ PAC money is used to elect so many republicans that will never allow a single payer system. Republicans have always fought against any meaningful health care reform. But that’s what our Medical Cartels’ PACs pay them for. Politicians can be bought so easily.
    Pretty soon the only people that will be able to afford health care is us big wigs. And that’s the way it should be. We don’t want you little people using up the resources when we need them. And once again, I thank you little people for capping my SS tax at the $113,700 level. Now I only pay 1.2% SS tax and you little people pay 6.2%. Also, thank you for extending my tax breaks. I’m using the extra money on my vacation houses.

    April 13, 2013 at 11:17 pm | Reply
    • Pete

      @Timmy,you ranted like this last year if I remember correctly and you blew yourself out of the water after being caught..Nice try timmy come again next year if you can!!

      April 14, 2013 at 11:33 am | Reply
  2. Mary Erkman

    Ok 20 years ago my ex spent 10 days in a NYC hospital for a condition that was guessed to be diviticulitis. He had excellent medical coverage at the time and was hospitalized for tests and fed jello and broth and weak tea while tests ran. The stay turned into 10 days instead of 5 because food was fed to him the 5th day in–a hospital screw up that our insurance had to pay for because retesting therefore had to occur for the next 5 days. All tests were fairly inconclusive and despite the restictions of all food intake we were charged $100.00 for medication. What medication? He was living on broth and jello and was not allowed any medication and we were told that the money of one hundred dollars was for 2 tylenol given to him the day he arrived.
    In 1981 my hospital bill for a normal delivery was $1200.00 and in 1990 my delivery costs for a normal delivery was $10,000.00 and in 1992 it was $14,000.00 For each delivery insurance paid and I was told that "tests" had to be run for bacterial infection on the placenta of my delivery despite the fact that I and my children showed perfect health. The billing for these tests were several hundred dollars paid for by my insurance and the placentas were sold to pharmeceutical companies for thousands of dollars.

    Patients are victimized everyday. Those without healthcare are charged less and those with get gouged. A $500.00 fine should be put on any medical establishment that does not process insurance properly or for gouging. Insured Patients carry the burden of all healthcare costs.More than ever I feel the middle class is being attacked by the tax code and medical establishments which have no transparency regarding cost accountability.

    April 14, 2013 at 7:56 pm | Reply
  3. marc

    http://my-gps-online.com/

    April 17, 2013 at 7:08 pm | Reply
  4. Arnoldo Tigney

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    June 8, 2013 at 10:37 am | Reply

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