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Most people involved in health care, like insurance companies, health care providers, drug companies, doctors and gofundme want more money to be spent on health
by narrator 8y ago
Most people involved in health care, like insurance companies, health care providers, drug companies, doctors and gofundme want more money to be spent on healthcare. That's because it goes eventually into their pockets. The U.S spends double, as a percentage of GDP, on healthcare (16%) as any other country which is good evidence that the solution to healthcare problems being to spend more money is very popular.
The solution has hit negative marginal returns though and the only way out is a more fundamental change to health care, possibly in the form of price controls on drugs or the 150% of Medicare reimbursment maximum price on all procedures. This sort of predictability of costs will obsolete a whole layer of insurance price game players at the hospital and insurance companies that add to health care costs.