How Healthcare Can Rip You Off!

The video discusses the complexities of the American medical billing system, highlighting the lack of transparency and high costs compared to other countries. It explains the difference between cost and price, and how market dynamics affect healthcare pricing. The role of government regulation and Medicare is examined, along with strategies for consumers to manage medical expenses effectively.

How can understanding the difference between cost and price help consumers in healthcare?

What role does government regulation play in healthcare pricing in other wealthy countries?

What strategies did Kiera use to navigate her medical costs effectively?