The U.S. spends more than twice the amount per person on healthcare as other developed nations, yet our outcomes aren’t much different. So why don’t we do what other countries do, which is to have a government-run or heavily government-dominated system that forces prices down?
This segment of What’s Ahead provides the stunning answer: We can’t.
In a groundbreaking piece in the Washington Post, David Goldhill, CEO of SesameCare.com, explains the stunning truth of how the sky-high prices we in the U.S. pay subsidize the rest of the world’s healthcare.
The U.S. is an extraordinary—and utterly underappreciated—font of constant innovations, big and small. The question now is: How can we continue these breakthroughs and improvements while achieving the kinds of cost-reducing productivity gains we experience in high tech and elsewhere?
Source: https://www.forbes.com/sites/steveforbes/2022/12/08/this-is-why-the-us-cant-have-a-government-run-healthcare-system/