Forbes February 11, 2025
United States healthcare spending increased by 7.5% in 2023* to $4.9 trillion, which is 17.6% of the gross domestic product, roughly twice the average percentage among comparably wealthy, industrialized nations. There’s plenty of blame to go around for high healthcare costs. Across the healthcare system, stakeholders share responsibility. This includes hospitals, drug makers, insurers, pharmacy benefit managers and others involved in product and service supply chains. What’s conspicuous is rather than seeing the issue as a collective problem in need of a collaborative solution, the different sides tend to point fingers at each other. The end-result is inertia. And the fall-out for patients is increased cost burden without improved quality of care.
In UnitedHealth Group’s first public appearance last month...
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