America's Healthcare System: A Total Breakdown, Beyond Insurance Companies
The American healthcare system is broken, and the problem extends far beyond insurance companies. An oncologist argues that pharmaceutical firms, PBMs (pharmacy benefit managers), the FDA, CMS, hospitals, and doctors all share responsibility. Pharmaceutical companies push unproven drugs, PBMs profit excessively, regulators are lax, hospitals charge exorbitant fees and engage in predatory practices, and doctors order unnecessary tests and treatments. While insurance companies are frustrating, they are a scapegoat for a larger systemic issue. The author calls for sweeping reforms of the FDA and CMS to end corporate capture of regulatory agencies, addressing the high costs and inefficiency of the US healthcare system. The recent assassination of an insurance CEO highlights public frustration with the system.
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