Steven Brill’s 26,000-word health-care story, in one sentence
OK readers, so you couldn't get through the longest Time article in history of 26,000 words? We have here the remedy in one sentence. [Spoiler alert: I'm gonna give the sentence to you and you don't have to click on nuthin.]
"The American health-care system does not use rate-setting." Except for Maryland it turns out, which is living proof that we CAN control costs. In general the rest of the (rational) world sets rates for medication, treatment, hospital stays. In the USA (except Maryland) there is nothing to stop the hospital from charging you $1.50 for a Tylenol, yet you can buy a bottle of 100 for $1.49. Folks, we are being raped financially.
So, if NOW I've got your interest, how about clicking on that full length Time article?
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