2. Sickness = Profit
The Cost of Care
The Price Paradox: Understanding U.S. Healthcare Costs
This chapter explores the reasons behind the high costs of healthcare in the United States compared to other countries, highlighting the role of private payers and employer-provided insurance. It contrasts American cultural preferences for competition in healthcare with the regulated pricing strategies of other nations that achieve better outcomes at lower costs. The discussion also addresses the challenges consumers face in making informed healthcare choices due to price opacity and the urgent nature of many healthcare decisions.
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