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Why Healthcare Costs So Much
By Sarah Ryan
6 min Read
Why Healthcare Costs So Much
The United States has some of the disproportionately most expensive healthcare costs out of any developed country. Contrary to many other countries around the world, it doesn’t utilize a single-payer, socialized, or universal healthcare coverage system.Despite the American government devoting over a trillion dollars a year to funding federal healthcare programs, our system still imposes an unreasonable fiscal burden on many working-class citizens who struggle to make ends meet in general, not just related to healthcare. One notable ongoing survey conducted by the Federal Reserve routinely trac...
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