The U.S. healthcare system is imperfect. But one saving grace it does possess is that you get your treatment when you need or want to be getting your treatment. This is not necessarily true of "free" healthcare systems.
Gov. Steve Sisolak issued an executive order last week to address the growth in cost of healthcare in Nevada, setting a benchmark for how much the cost of healthcare services can grow in a year.
As the industry turns attention to the world beyond Covid-19, there is a good opportunity to reflect on why the industry is so important, how it has evolved and how we might use the experiences of the pandemic and lessons learned to further improve.
U.S. healthcare is the most expensive healthcare in the world. Many of the policies and programs designed to rein in those costs have been predicated on the idea that information about quality and price would make Americans more discerning shoppers of healthcare — and with that shopping would come some market discipline.
For current and future taxpayers, 2021 was a brutal year—at least when it comes to healthcare spending. Congress and the Biden administration approved tens of billions in new expenditures. Much of that money was, or will be, wasted on inefficient programs and subsidies that do little to improve the quality of care that Americans receive.