The Cost of Care
2. Sickness = Profit
Apr 15, 2021
Elisabeth Rosenthal, editor at Kaiser Health News and author of "An American Sickness," joins Melissa Thomasson, an economic historian, and Ian Morrison, an economist, to dive into the chaotic evolution of the U.S. healthcare system. They explore why illness profits while health does not, revealing how profit motives exploit patient vulnerabilities. The guests dissect the transformation of healthcare from the 20th century to today, emphasizing disparities and inefficiencies despite high spending. They call for a fundamental reassessment of how healthcare is structured and funded.
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Quick takeaways
- The commercialization of healthcare prioritizes profit margins over patient care, exacerbating disparities in access and outcomes for Americans.
- The historical intertwining of healthcare with employment has led to a profit-driven model, greatly inflating costs and complicating care access.
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