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Why Are American Well being Care Expenditures So High?



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In which John discusses the complex explanations why the United States spends so significantly far more on wellbeing care than any other state in the globe, and along the way reveals some shocking information, like that People spend far more of their tax pounds on public wellbeing care than men and women in Canada, the United kingdom, or Australia. Who’s at fault? Insurance companies? Drug companies? Malpractice lawyers? Hospitals? Or is it far more complex than a straightforward blame activity? (Trace: It really is that 1.)

For a significantly far more complete evaluation of wellbeing care charges in The us, I suggest this collection at The Incidental Economist:
The Commonwealth Fund’s Examine of Well being Care Price ranges in the US:
Some of the stats in this online video also come from this New York Times story:

This is the initially portion in what will be a periodic collection on wellbeing care charges and reforms foremost up to the introduction of the Very affordable Care Act, aka Obamacare, in 2014.

22 comments

  1. It is a simple solution. It’s greed man it’s that easy!

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  2. Shame on America shame shame shame. A country that does not have affordable healthcare is a not a great country, if you think America is the best your a stupid, ignorant person. Even Cuba has a better healthcare system. This system is not hard to fix, it’s just a greedy vial, cruel, system. If I ever need something serious treatment I’ll leave to the country I was born in and also has better service and same technology, Colombia. Again, shame on greedy pharma, hospitals, insurance companies doctors
    And above all the is dam government that does nothing !!!!You are all demons.

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  3. Some people make intelligence look easy, you do it with spunk

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  4. 1:43 "richer than all of these countries"…
    Per capita, which makes the most sense here, Switzerland is either 2nd in the world (nominal, and the US is not first) or 4 places ahead of the US (purchasing power). Do your research or be clearer.

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  5. AMERICA A COUNTRY OF 340 MILLIONS AND LOTS OF CRIME AND POVERTY. PERIOD

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  6. AMERICA A COUNTRY OF 340 MILLIONS AND 180 IN POVERTY AND BELOW THE POVERTY LINE. PERIOD

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  7. I love sharing ways to save thousands on medicine, health insurance alternatives, and doctors visits!!! I mean THOUSANDS!!!! Time to think outside the box! Great video!!!!

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  8. Nice Video!
    For More Health Tips Click Here –#HealthCarePoint

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  9. let’s create more actual health care monopolies through government contracts

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  10. I know why it’s because it’s a fucking scam and American politicians are corrupt as they get and doctors are corrupt it’s all about fucking the working man I my self been to doctor had to see 5 stupid ass doctors before finally after all that stupid shit the fifth one had to treat me what a fucking joke

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  11. Doctors are greedy crooks who would not earn more than a roofer without lobying and insurance. Get jewery out of government.

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  12. The US richer than Switzerland,since when.

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  13. I had a colonoscopy, in the US. With private insurance from my husband’s employer, for $125. Original cost $3,610.19. Contrast to that, I take a medication that Johnson & Johnson gives to me free of cost 🤷🏼‍♀️. They waive 10k a year in a medication that saves my life.

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  14. We have a big buisness problem.

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  15. "Now we are richer than all of these countries so it makes sense that we should spend a little more on health care"

    I mean, the U.S. as a whole makes more money than those countries, but that number is skewed by the top 1 percent. It highlights the frighteningly wide gap of income inequality between corporate billionaires and people who have to work two full-time jobs just to afford basic living expenses. People don't pay more for health care simply because they make more money than people in other countries, because a lot of them don't.

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  16. Im from Ireland where we have national health plan.There is a big business in having optional private health care and lots do but if you cant afford it we have free healthcare and private and public patients are seen in the same hospitals except for some private ER rooms for broken arms,stitching wounds etc.If you are brought to the ER and you need treatment there is an 80 euro charge but that includes in hospital stays so if your rushed to ER you get treated and even if you spend 4 weeks in IC its 80 euro. I have had 2 surgeries,hernia and appendix and they cost nothing.Im bi polar so i see a psychiatrist every 5 weeks,no charge,meds no matter what they are are 2 euro an item,im on 5 meds so 10 euro for 2 months meds.Its not perfect but no matter your circumstance,if you collapse with a heart attack you wont have to pay for ambulance,surgery and any after care needed,even transplant surgery is free.

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  17. imo the overarching problem is the mindset that goes into policy. America is a very capitalist society, which relies on free market competition to produce the best products. This is great if you are competing to make innovative technology like computers, that people want. However when it comes to health care, it is something people have no choice to save on. You can't just say no I can't afford this live saving HIV medication. However policy treats pharmaceutical companies etc like they treat companies at silicon valley, letting them do whatever they want. And considering how big a problem things like corporate consolidation are, often there arent alternative options, so even if a single days worth of medication costs $200, you often have no choice.
    IMO the focus be on ensuring everyone can get the treatment they need, and not how much money can a company make from it

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  18. What does "Thought Bubble" think about this??

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  19. It cost me 100 hkd which is around 14 usd for my lazy eye correction surgery

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  20. How much did you spend on your glasses? (another produce with inelastic demand) http://zenni.com/ has proscription glasses for $7

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  21. here is an overview of some major issues in providing affordable universal healthcare

    https://affordableuniversalcareinformation.weebly.com/

    Reply
  22. G-R-E-E-D

    Reply

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