The US spends more on healthcare for no gain says new report from Johns Hopkins
The book <i>The Healing of America</i> by T.R. Reid, 2010 was a phenomenal look at this subject and the conclusion was this: we are the only developed nation whose government allows for-profit health insurance companies to exist with ZERO regulation to cap healthcare prices. Because of this, we spend 20% of every dollar on &quot;administrative&quot; costs compared to 3%-7% in the European and Asian countries. The goal for American healthcare companies is increasing shareholder value, not reducing costs. IMO healthcare is an obvious example of where a &quot;free market&quot; approach has failed and government oversight is critical.<p><a href="https:&#x2F;&#x2F;www.amazon.com&#x2F;Healing-America-Global-Better-Cheaper&#x2F;dp&#x2F;0143118218" rel="nofollow">https:&#x2F;&#x2F;www.amazon.com&#x2F;Healing-America-Global-Better-Cheaper...</a>