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US healthcare costs

February 10, 2014 Leave a comment Go to comments

Many thanks to David Parr for this video clip. John Green (John Green is an American author of young adult fiction and a YouTube video blogger) discusses the complicated reasons why the US spends more on health care than any other country in the world, and along the way reveals some surprising information, including that Americans spend more of their tax dollars on public health care than people in Canada, the UK, Australia or New Zealand. Who’s at fault? Insurance companies? Drug companies? Malpractice lawyers? Hospitals? Or is it more complicated than a simple blame game? He does mention inelastic demand for healthcare for obvious reasons.
Healthcare Costs US

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