Comment by choeger
3 hours ago
Where does all that money go to, though?
Is there a rich caste of doctors or pharmaceutical shareholders that don't need to work and live off these dividends? Or is the system so inefficient that most people in it aren't contributing to actual health care?
If you want to understand where the money is actually going then this Peter Attia Drive podcast episode with Dr. Saum Sutaria is the best high level overview that I've heard. Seriously it's worth listening to and will clear up a lot of the misconceptions that many people have.
https://peterattiamd.com/saumsutaria/
Both. Also there's a culture of infinite consumption of medical services.
Doctors are by far the highest paid professional occupation in America. The AMA is the most powerful trade union in history and restricts the number of new doctors, pushing up prices.
I have changed my mind on this after looking at the data. Not much cost can be attributed to the doctors.