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Who Is Responsible for Exorbitant Healthcare Prices?

June 16, 2021 By Debbie Young

heap of dollars with stethoscope

By lenetstan @ Shutterstock.com

Why are Americans spending exorbitant prices for healthcare but are not getting any healthier?

Americans have “a very expensive system to treat the most obese, medicated, comorbid population in the world,” reports the Daily Wire.

Over the last 10 years, the number of drugs prescribed by doctors has doubled.

For example, the number of drugs prescribed by doctors has doubled over the last ten years, and the rate of newly diagnosed Type-2 diabetes cases has increased by 4.8% per year. And during the pandemic, more than 78% of people hospitalized in the U.S. were either overweight or obese.

What Does Our Future Look Like?

More sickness? More procedures? More pills at an ever-increasing cost, asks Dr. Makary, medical professor at Johns Hopkins.

Well, if we keep doing the same things we’ve been doing that haven’t worked for the last twenty-five years, the answer is yes.”

America has the finest healthcare system in the world, the most skilled doctors, the most advanced diagnostic and surgical techniques. It’s there if you need it,

The trick is to reduce the odds that you will need it. That’s not your doctor’s responsibility. That’s not the government’s responsibility. That’s yours.

Dr. Makary is the author of “The Price We Pay: What Broke American Healthcare And How To Fix It.”

 

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Debbie Young
Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over three decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.
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