Why is Healthcare So Expensive in the United States?

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Why is healthcare so expensive in the United States? The rising cost of healthcare is one of the most pressing problems facing the United States today. According to a recent study, the average American family now spends more on healthcare than on housing or food. And this trend shows no signs of slowing down. Healthcare costs have been rising steadily for years, and there is no end in sight.

On this episode of the CareTalk podcast, John and David break down the real reasons behind why healthcare is so expensive in the United States and what we can do about them.

(0:19) How much does the US spend on healthcare?
(1:27) The United States healthcare system problems and solutions?
(2:21) Why are drug prices so high?
(4:11) What is to blame for high drug prices?
(11:08) Why are hospitals so expensive?
(13:07) Hospital price transparency
(13:45) How much money does a nurse make?
(18:05) Average doctor salary
(19:02) Primary care vs. specialized care
(21:00) Administrative costs in healthcare
(22:40) Why are Americans unhealthy?
(27:09) How to reduce healthcare costs in the USA
(28:12) Should we be optimistic about the future of healthcare in the USA?

CareTalk is a weekly podcast that provides an incisive, no B.S. view of the US healthcare system. Join co-hosts John Driscoll (CEO, CareCentrix) and David Williams (President, Health Business Group) as they debate the latest in US healthcare news, business and policy.

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Disclaimer: This content including advice provides generic information only. It is in no way a substitute for a qualified medical opinion. Always consult a specialist or your own doctor for more information.

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