Why Are American Health Care Costs So High?

In which John discusses the complicated reasons why the United States spends so much 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, or Australia. Who's at fault? Insurance companies? Drug companies? Malpractice lawyers? Hospitals? Or is it more complicated than a simple blame game? (Hint: It's that one.) For a much more thorough examination of health care expenses in America, I recommend this series at The Incidental Economist: http://theincidentaleconomist.com/wordpress/what-makes-the-us-health-care-system-so-expensive-introduction/ The Commonwealth Fund's Study of Health Care Prices in the US: http://www.commonwealthfund.org/~/media/Files/Publications/Issue%20Brief/2012/May/1595_Squires_explaining_high_hlt_care_spending_intl_brief.pdf Some of the stats in this video also come from this New York Times story: http://www.nytimes.com/2013/06/02/health/colonoscopies-explain-why-us-leads-the-world-in-health-expenditures.html?pagewanted=all This is the first part in what will be a periodic series on health care costs and reforms leading up to the introduction of the Affordable Care Act, aka Obamacare, in 2014.

Comments

Mr Barry Otaigbe: Greetings to the general public, Am ROSE ALEX, i want to inform the public on how i was cured of HERPES Simplex Virus by a Doctor called Dr.OSEREMEN.i visited different hospital but they gave me list of drugs like Famvir, Zovirax, and Valtrex which is very expensive to treat the symptoms and never cured me. I was browsing through the Internet searching for remedy on HERPES and i saw comment of people talking about how DR OSEREMEN cured them. when i contacted him he gave me hope and send a Herbal medicine to me that i took and it seriously worked for me, am a free person now without problem, my HERPES result came out negative. I pray for you Dr Clifford God will give you everlasting life, you shall not die before your time for being a sincere and great man. Am so happy, you can also contact him if you have any problem Email:droseremenherbalhomecenter@outlook.com or add him on whatsapps.+2349065309713

Indi Heaton: It's lots of insane things and it's an incredibly complicated topic.
(I'm British.) One thing I'm fed up of explaining to people in internet comments, though, is that we (Britain) do not have free health care. John references it nicely so I haven't seen any comments like this, but I hate seeing people on the internet saying things like "I wish I lived in Britain!! They have free health care!!"
No we do not. John rounds it up nicely. We pay tax which comes off our pay packet and tax that goes to our county (British county=American state) and that expenditure goes towards paying for the National Health Service and the police and roads. It's not free. We just pay for it in a different way 😂

Raw Material: You are just amazing..
Your videos are really effective thanks for something new..
Check also https://healthyworldtv.blogspot.com. for more health tips.

Ronald Barrow: Medicare does not get the lowest prices.  They reimburse the least.  While saying everyone must be charged the same.

Ronald Barrow: Sir, maybe you should understand the impact of Medicare rules for medical care and now medications (Medicare Part D).  Medicare requires that everyone be charged the same as Medicare, yet Medicare reimbursement is only 13 cents on a dollar, causing inflated charges to receive monies needed to pay for tests.  Now comes Medicare Part D and medication cost skyrocketed, again medicare requires everyone to be charged the same.  Wake up everyone.  Government caused this.

We Need More Global Warming: American healthcare is so bad because it's too socialist. We need to P.R.I.V.A.T.I.Z.E! The free market is the answer. Don't @ me.

Joseph Stalin: So healthcare is run by corrupt assholes taking advantage of sick people.

FinanceAction: i think medicine should not be privatized and we should all have a right to access it freely.

tafoyaerik: capitalism at it's finest

Mark Christ: The free healthcare countries live off of American medical innovation. He fails to mention that the only reason there are hip replacement companies to negotiate with is because in America they can make enough money to pay for their r&d.....you don't want a world without medical innovation, they get to pay less because we pay more on and we cover their defense.....

elsd eff: OMG, I love you. Will you run away with me and then speak long complex sentences to me for all my remaining years? Please?

Talon Sams: Now I have to rewatch all vlogbrothers bc I understand this stuff I was watching natively in 2013 so much more now

PortugueseEagle: Once I cracked my ankle and had an appointment with the doctor and had an X-Ray. This all cost me 2,5 €. I live in Portugal btw

Bmanritchie: PLEASE DO AN UPDATE TO THIS VIDEO FOR TODAY'S HEALTHCARE DISCUSSION!!

Let's Build WordPress — WP Tutorials: As someone who lives in Northern Ireland... thank you for including us! haha (we always get forgotten about / no-one seems to know we exist! haha)

TurboDally: Thanks Obama! Now we have Trump in charge we got no problems with healthcare now in the US.

Sable Rain: Alexandria Ocasio-Cortez should watch this video.

Dale Ray: GREED, in the Healing! GREED, in the Poisoning! GREED, all in between! Welcome to The Corporatocracy!

Anon amous: Tax all the churches in the USA to pay for Universal Healthcare in America. It's what God would have wanted.

tomzicare: So what, if you don't have insurance and you're bleeding internally due to severe trauma and the doctors operate you and it costs thousands of $$ and you can't pay, you go to prison???

Your name:

Your comment:

Video on this topic

The Economics of Healthcare: Crash Course Econ #29

The Economics of Healthcare: Crash Course Econ #29

Why is health care so expensive? Once again, there are a lot of factors in play. Jacob and Adriene look at the many reasons that health care in the US is so ...

Why Are American Health Care Costs So High?

Why Are American Health Care Costs So High?

US Health Care System In Comparison To Others Documentary by Know How City. In which John discusses the complicated reasons why the United States ...

This is why US health care is so expensive

This is why US health care is so expensive

CNN's Dr. Sanjay Gupta looks at why is health care in the United States so expensive and why its such a difficult system to fix.

Why the U.S. pays more for health care than the rest of the world

Why the U.S. pays more for health care than the rest of the world

Why are American health care costs by far the highest in the world? Journalist and former practicing physician Elisabeth Rosenthal chronicles how we got here ...

Why Is U.S. Health Care So Expensive?

Why Is U.S. Health Care So Expensive?

Did Someone Fly Before The Wright Brothers? http://bit.ly/1RGuKNK » Subscribe to NowThis World: http://go.nowth.is/World_Subscribe Since the first ...

Doctors Explain Why U.S. Healthcare Is So Expensive (HBO)

Doctors Explain Why U.S. Healthcare Is So Expensive (HBO)

VICE News visited a bunch of doctors in an attempt to make sense of our convoluted health care costs. What do the doctors say is needed to improve overall cost ...

Why Is Healthcare So Expensive?

Why Is Healthcare So Expensive?

The Affordable Care Act was supposed to lower healthcare costs, but it has done just the opposite. Why? Because it ignored the realities of how markets work.

The real reason American health care is so expensive

The real reason American health care is so expensive

Hint: single-payer won't fix America's health care spending. Subscribe to our channel! http://goo.gl/0bsAjO Americans don't drive up the price by consuming ...

Why Are American Health Care Costs So High?

Why Are American Health Care Costs So High?

In which John discusses the complicated reasons why the United States spends so much more on health care than any other country in the world, and along the ...