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From an economic standpoint, this is the health care system in the United States, where a third party pays for the majority of our health care even though prices are unknown to the patient.
The U.S. government intervenes less actively to force down prices in the United States than in other countries. Stanford economist Victor Fuchs wrote in 2014: "If we turn the question around and ask why healthcare costs so much less in other high-income countries, the answer nearly always points to a larger, stronger role for government.
Healthcare costs continue to rise across the United States. According to Centers for Medicare & Medicaid Services , the average price per person is $13,493 annually on average, which is no small cost.
With US health care costs skyrocketing, these doctors are ditching insurance for a subscription-based model — is this the future of care? Victoria Vesovski October 10, 2024 at 8:05 AM
Analysis shows US couples aged 65-plus need $350,000 in savings to cover health care expenses in retirement — here's why it's so expensive Christy Bieber June 4, 2024 at 7:12 AM
The healing of America : a global quest for better, cheaper, and fairer health care. New York: Penguin Press. ISBN 978-0-14-311821-3. Makary, Marty (18 September 2012). Unaccountable : what hospitals won't tell you and how transparency can revolutionize health care (1st U.S. ed.). New York: Bloomsbury Press. ISBN 978-1-60819-836-8.
While some procedures are more expensive elsewhere, the majority are cheaper abroad. ... Healthcare in the U.S. is often denounced as being unaffordable for the average person in the U.S. That is ...
[135] [136] Of each dollar spent on healthcare in the US, 31% goes to hospital care, 21% goes to physician/clinical services, 10% to pharmaceuticals, 4% to dental, 6% to nursing homes and 3% to home healthcare, 3% for other retail products, 3% for government public health activities, 7% to administrative costs, 7% to investment, and 6% to other ...