Healthcare Costs Are Not a Simple Fix

Healthcare Costs Are Not a Simple Fix

In 2022, the United States spent $4.5 trillion on healthcare—an astonishing $13,500 per person. That’s a level of spending no other country can fathom. We manage it every year through taxes, insurance premiums, and out-of-pocket expenses. This system touches nearly every part of American life, and we all carry its cost. Private insurance is not the singular villain many assume it to be. It accounts for 29% of healthcare spending, about $1.3 tril…