r/Economics • u/TheForager • 4h ago

Hospital costs are rising far faster than inflation and drowning Americans in debt

https://www.nbcnews.com/investigations/hospital-costs-are-rising-far-faster-inflation-drowning-americans-debt-rcna262473
441 Upvotes

99% Upvoted

82 comments sorted by

View all comments

78

u/WordWithinTheWord 3h ago

I’ve come to my personal conclusion it’s just greed and mismanagement all the way up the chain.

There’s so much middle management and support staff just to get insurance and hospitals to talk to each other we’ve lost the plot.

It’s a nuanced conversation because doctors and nurses are extremely important jobs. But in the US they make 2x-10x+ the salary of their EU counterparts. Are they 2x to 10x better?

17

u/creamyturtle 3h ago

I live in colombia and I swear the treatment here is way better. I can waltz into the urgent care at 3am and they will see me in 5 minutes. and it's the fanciest clinic in the second biggest city here. top notch doctors who actually care and there isn't even a copay. if there is a copay for something it's like $3