Warren Buffett says US healthcare must be revamped or it will be left to the government -- which will probably make it worse

Health spending rose 3.9 percent in 2017 and now makes up nearly 18 percent of American economic output. Last month in his State of the Union address, President Donald Trump called for legislation to cut drug prices. Warren Buffett tells Yahoo Finance that if the private sector doesn’t figure out how to change the system, the task will be left to the government, “which will probably be even worse.”