Forbes October 2, 2020
Why are U.S. healthcare costs the highest in the world, while the outcomes are not the best, by a long shot? The reason is simple and systemic: The patient is not the customer. Third parties are, which are primarily the government and insurance companies. In this eye-opening and highly illuminating conversation, David Goldhill walks us through the fundamental flaws that have repeatedly stymied attempts at getting a grip on spending while improving outcomes. He demolishes a number myths. For instance, doctors’ incomes and drug company profits are actually only a fraction of the total of healthcare costs. The way Medicare works can be harmful to your health.
Often it’s an outsider who incisively sizes up an industry and sets in...