Summary: The anger towards health insurance companies in the U.S. is misplaced, as they are not the main cause of high healthcare costs. Instead, the real issue lies with healthcare providers who charge excessive prices for their services. To make healthcare more affordable, we need to focus on reducing costs within the medical system itself rather than blaming insurers.
Americans’ much-hated private health insurers are paying a higher percent of the cost of Americans’ health care than the government insurance systems of Sweden and Denmark and the UK are paying. (View Highlight)
the fundamental reason your health care costs so much is not that the health insurance companies are lining their pockets. And it’s not that insurers are an inefficient mess. It’s that the actual provision of America’s health care itself just costs way too much in the first place. (View Highlight)