We pay more, and get much less

Please note this is only the portion of health care expenditures in hospitals, it does NOT include the administrative costs at health care providers offices, testing facilities, pharmacies, logistic outlets, transportation, legal or government oversight, or accounting. Attempting to obtain a comprehensive cost for the net, net costs of all administrative functions in American health care is essentially a non-starter.

The portion of health care costs actually going to doctors, nurses, pharmacists, and technical skills personnel has been estimated at about 20% – https://www.cms.gov/Research-Statistics-Data-and-Systems/Statistics-Trends-and-Reports/NationalHealthExpendData/downloads/highlights.pdf

It’s not significantly different than paying $5 for a package of food-stuff, where the packaging, distribution, marketing, and selling costs make up $4 of the cost for the item. You might even say the only ones making money today are the “middle-men”, not the producers, workers, and systems that directly present the product.

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