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Most healthcare expenditure goes to paying wages; doctors and nurses' wages make up a very large proportion of insurance expenditures, and their respective asso
by nickff 6y ago
Most healthcare expenditure goes to paying wages; doctors and nurses' wages make up a very large proportion of insurance expenditures, and their respective associations have successfully restricted supply to drive up their wages. The AMA is doing a very good job of making doctor's salaries in the USA much higher than in most of the developed world.