Interesting, brief article about some of the reasons for the high cost of healthcare in the U.S.
IMHO, it all boils down to privatization. Patents are also a huge part of the problem, even though taxpayers subsidize the medical industry to the tune of billions of dollars per year. Much of the private research could not happen without the public research that came before it, so why are taxpayers not getting a return on their “investments”?
It would be nice if there was just one or two things wrong with the US medical financing model. Just one or two things to fix. But it is far from that simple. The entire system is irreparably broken. I generally hate videos as a source of info, but this is one of the best explanations of the cluster-fvck we’re stuck in right now.