A striking feature of the recent presidential primary debates has been the candidates’ conspicuous ignorance of the drivers of our healthcare system’s irrepressible costs and middling patient outcomes. All agree, correctly, that the U.S. is in deep trouble: of the 10 wealthiest nations, we spend almost twice the average on healthcare (18% of our GDP) and yet have the lowest life expectancy and quality ratings to show for it. Hard working families are struggling to pay rapidly increasing insurance premiums, and high deductibles, co-pays, and coinsurance make matters worse.

How convenient it would be if we could blame all this…

D.A. Wallach

Life sciences investor. Occasional recording artist: https://en.wikipedia.org/wiki/D._A._Wallach

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