Follow the Money
North of $3 trillion annually, the United States spends more on healthcare than any other country, and healthcare costs account for nearly 20% of our GDP. What do all those dollars buy us? Unfortunately, not good healthcare. We fare poorly in comparison to other countries on health outcomes such as life expectancy and infant mortality. This section is dedicated to all that is strange, galling, inexplicable or surprising when it comes to dollars and healthcare.
The Drug Enforcement Administration has a database that tracks the path of every single pain pill sold in the United States, as it moves from manufacturer and distributor to pharmacy across every town and city. Now it has been made public for the first time.
“An investigation by the Wall Street Journal revealed that U.S. health insurers who manage Medicare's Part D drug plans pocketed an extra $9.1B from 2006 - 2015 by overestimating their costs for the programs.”
Can healthcare become equitable when physician compensation is anything but?