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Healthcare Costs Are Not a Simple Fix

1 year ago 73

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In 2022, the United States spent $4.5 trillion on healthcare—an astonishing $13,500 per person. That’s a level of spending no other country can fathom. We manage it every year through taxes, insurance premiums, and out-of-pocket expenses. This system touches nearly every part of American life, and we all carry its cost. Private insurance is not the singular villain many assume it to be. It accounts for 29% of healthcare spending, about $1.3 trillion. Even if we eliminated significant administrative overhead, profit, and executive compensation in that sector, the savings would be somewhat marginal compared to the total cost. We would still be spending far more than any other country. 1. Health Care Administration Costs a Lot: https://youtu.be/wnZKKvG5rQQ Be sure to check out our podcast! https://www.youtube.com/playlist?list=PLkfBg8ML-gInFaYyYhKLBp2u7h5IojTw4 Other Healthcare Triage Links: 1. Support the channel on Patreon: http://vid.io/xqXr 2. Check out our Facebook page: http://goo.gl/LnOq5z 3. We still have merchandise available at http://www.hctmerch.com 4. Aaron's book "The Bad Food Bible: How and Why to Eat Sinfully" is available wherever books are sold, such as Amazon: http://amzn.to/2hGvhKw Credits: Aaron Carroll -- Writer Tiffany Doherty -- Writer and Script Editor John Green -- Executive Producer Stan Muller -- Director, Producer Mark Olsen – Art Director, Producer
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