Being Healthy Is Unprofitable

U.S. healthcare is unsustainable. That it will break in the next decade is predictable. That good health is insanely unprofitable was highlighted by a staggering statistic in the recent research paper The Concentration of Health Care Spending (via B.C.): Mean annual spending for the bottom half of (the American population) distribution was just $236 per person, totaling only $36 billion for the entire group of more than 150 million people. We don’t know why the 150 million people did not consume much in the way of “health services”– they might have been healthy and had no need for healthcare beyond routine tests, or they might have needed care and been unable to afford it, despite the Orwellian-titled Affordable Care Act (ACA).But let’s assume that the 150 million […] Read More