Uncovering the Drivers of America's Soaring Healthcare Costs
2025-03-20
The Economist
The United States is grappling with a staggering healthcare bill, accounting for nearly a fifth of its GDP, double the average of other wealthy nations. Despite this, health outcomes are no better, with Americans under 70 facing a higher risk of death from cardiovascular diseases compared to their counterparts in similar countries. The healthcare sector's inflated costs are a pressing concern, with many questioning who is to blame. With medical expenses and health insurance premiums on the rise, it's essential to examine the factors contributing to these soaring costs and explore solutions to improve healthcare quality and affordability, including healthcare reform and preventive care.
