Why Does the U.S. Spend So Much on Healthcare? High, High Prices.

The video explores the growth of healthcare spending in the US, highlighting that prices are a major factor. Studies show that while Americans use similar amounts of healthcare as other countries, they pay more. From 1996 to 2013, US personal health spending increased significantly, driven by price and care intensity rather than increased usage or population health decline. Strategies like all-payer and single-payer systems are discussed as potential solutions to regulate prices, though they face resistance from stakeholders benefiting from high prices.

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