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It's Spiderman pointing at Spiderman. They're all guilty. Healthcare is 17% of GDP. You literally can't do that without having a TON of people benefitting be
by potato3732842 1y ago
It's Spiderman pointing at Spiderman. They're all guilty.
Healthcare is 17% of GDP. You literally can't do that without having a TON of people benefitting because if it were only a small number of people benefiting (e.g. "just doctors" or "just insurance companies") the politicians would have long since voted to throw them under the bus to reap the bajillion votes they'd get from everyone else.
- jvanderbot 1y agoWhy stop there? Misaligned incentives tied to a baby boom is at fault. Lots of people aging into health care/ problems. Rising demand + protectionism of med schools -> Higher wages and costs Increased demand for care -> More nursing demand -> More student loans for nursing schools More nurses making money and overworked -> More protectionism to save wages Regulation to try to level costs and provide uniform care for "all" -> More paperwork -> more administrators -> slower care + costlier care More costs -> More insurance premiums, more medicare/medicaid budget required Consolidation -> higher profits + less overhead. ("one system") Huge insurance companies, huge care providers, and gobs of nurses -> Voting sway Voting sway -> Legislators try to work "within" the system