3 ms·
Shocking statistic for those not reading the article: > In 2022 the combined revenue of the nine biggest middlemen—call them big health—equated to nearly 45% o
by o11c 3y ago
Shocking statistic for those not reading the article:
> In 2022 the combined revenue of the nine biggest middlemen—call them big health—equated to nearly 45% of America’s health-care bill, up from 25% in 2013.
That's 45% waste, and excludes other middlemen. It's unclear if the increase from 25% is due to driving other middlemen out of the industry, or due to becoming even more parasitic.