Why Are American Well being Care Prices So Excessive?


Through which John discusses the difficult explanation why america spends a lot extra on well being care than some other nation on the earth, and alongside the best way reveals some shocking info, together with that Individuals spend extra of their tax {dollars} on public well being care than individuals in Canada, the UK, or Australia. Who’s at fault? Insurance coverage corporations? Drug corporations? Malpractice legal professionals? Hospitals? Or is it extra difficult than a easy blame sport? (Trace: It is that one.)

For a way more thorough examination of well being care bills in America, I like to recommend this sequence at The Incidental Economist:
The Commonwealth Fund’s Examine of Well being Care Costs within the US:
Among the stats on this video additionally come from this New York Instances story:

That is the primary half in what will likely be a periodic sequence on well being care prices and reforms main as much as the introduction of the Inexpensive Care Act, aka Obamacare, in 2014.


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