Why Does American Health Care Cost So Much?November 22nd, 2012 11:10 am Jason Sattler
It’s often said that America doesn’t have a budget problem, we have a health care cost problem. Our health care system is the most expensive in the word, yet the results are often mediocre or worse, and as many as 40 million Americans live without health insurance.
According to a National Academy of Sciences Institute of Medicine study, as much as 30 cents on every dollar spent on health care is waste — $800 billion a year. So where is the waste, and how can we fix it?
That’s the question posed by the new PBS documentary Money and Medicine. You can watch the film in its entirety above.