Truthout explains that “Unlike most other wealthy countries, the U.S. lacks any central mechanism to constrain overall health-care spending. This has led us instead to rely on piecemeal, half-hearted and largely ineffective regulation of fees by Medicare, and micromanagement of medical decision-making by private insurers at a level unheard of, and that would not be tolerated in other wealthy countries.”
The Business Interests Behind America’s Costly Medical Care (Truthout)