Forbes November 13, 2024
Regardless of the political stripes people wear, most Americans can agree on one thing about the healthcare system: it’s broken. Regardless of your insurance, healthcare costs are through the roof, it’s hard to get an appointment with the doctors you need, and we are among the worst performers in healthcare outcomes in developed countries despite outspending almost every other country. Even compared to lower-income countries, we don’t measure up well. Our life expectancy is 76 years in the United States compared to 79 years in Cuba, and our infant mortality rate is more than three times that of Slovenia (5.1 deaths per 1,000 births compared to 1.5).
Why—despite spending $4.5 trillion, or 17% of our GDP on healthcare—are we still...