Until policymakers take steps to bring greater competition and transparency to the hospital sector, restraining America’s ballooning healthcare bill will remain impossible.
The United States spent $4.9 trillion on healthcare in 2023, according to figures published last month by the federal government.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
Make Hospitals Competitive Again by Reining in Spending
Sally C. Pipes
Until policymakers take steps to bring greater competition and transparency to the hospital sector, restraining America’s ballooning healthcare bill will remain impossible.
The United States spent $4.9 trillion on healthcare in 2023, according to figures published last month by the federal government.
That’s an increase of 7.5% relative to 2022.
What’s behind this astounding spending growth?
It’s largely hospital care.
Read the entire op-ed here.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.