In 2022, the United States spent $4.5 trillion on healthcare—an astonishing $13,500 per particular person. That’s a stage of spending no different nation can fathom. We handle it yearly by way of taxes, insurance coverage premiums, and out-of-pocket bills. This system touches almost each a part of American life, and all of us carry its price.
Private insurance coverage shouldn’t be the singular villain many assume it to be. It accounts for 29% of healthcare spending, about $1.3 trillion. Even if we eradicated vital administrative overhead, revenue, and government compensation in that sector, the financial savings could be considerably marginal in comparison with the whole price. We would nonetheless be spending excess of some other nation.
1. Health Care Administration Costs a Lot: https://youtu.be/wnZKKvG5rQQ
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Credits:
Aaron Carroll — Writer
Tiffany Doherty — Writer and Script Editor
John Green — Executive Producer
Stan Muller — Director, Producer
Mark Olsen – Art Director, Producer
