Posts Tagged ‘why is healthcare so expensive’

Why Medical Bills In The US Are So Expensive

The American health-care system is in a tug of war between physicians, hospitals, insurance companies, pharmaceuticals and shareholders. At the center of it all are the patients.

Ashley Palmiscino’s insurance company was billed roughly $4 million for her five-month-old son Luca’s lung transplant. Her family had to turn to fundraising almost immediately just to keep up with the medical bills, and she’s not alone. One-third of the money raised on GoFundMe last year went to medical campaigns.

So how did we get here, and how do we turn things around?

“Once there’s all this money sloshing around in a system, there’s this sort of pile-on effect where everyone wants to grab their bit of this huge pot of money,” said Elisabeth Rosenthal, a former physician who wrote a book about how health care became big business.

“Now what we have as we’re trying to take it back and reduce costs is everyone is desperately clinging to their piece of the pie.”
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Why Medical Bills In The US Are So Expensive

Be the first to comment - What do you think?  Posted by admin - August 5, 2019 at 11:23 pm

Categories: Health care online   Tags: , , , , , , , , , , , , , , , , , , , , , , , , ,

๐Ÿฅ Why is US health care system so expensive? | Why are medical bills so high?

Why is US healthcare system so expensive? Why are medical bills so high? Do private health insurance providers in the United States drive up a prices of health insurance to gain more profits? We show a history of health care policy, which drove up the cost of the american health-care. We also talk about Affordable Care Act (Obamacare) to find out, if that bil solved the problem of high cost of health insurance.
Learn Austrian Economics in a fun way!

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Be the first to comment - What do you think?  Posted by admin - May 31, 2019 at 3:20 pm

Categories: Health care online   Tags: , , , , , , , , , , , , , , , , , , , , , , ,