The Current US Health Care System is a Failure of Planning

Business lessons to take from government policies

Pendora
7 min readJun 3, 2020

As a Canadian citizen who’s working from home up north, I’ve been worrying about my US neighbors and friends. My coworkers all have health insurance, but thinking about the people without it makes me deeply disheartened. With the greatest pandemic that the modern era has ever faced going on, it’s scary to think that some people will forgo their health for the sake of their finances. Although only 8.5% of people in the US are uninsured as of 2018, the fact that it costs more per capita than countries with universal healthcare, there is a huge problem and represents wastage. With the US currently sitting at 14.7% unemployment, and likely more bad news to come, more citizens are going to feel the wallet pain.

Select Country Health Spending per Capita, Source: OECD

This problem is a lesson in the importance of setting business policies right from the get-go, as change on a large scale is extremely difficult to implement. It also shows the irrationality of individuals, businesses, and governments which need to be kept in mind for business owners.

Basics of the U.S. Healthcare System

To begin we need to understand the basics, we’ll use a simple graphic to demonstrate the process. We’ll explain why the system is referred to as…

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Pendora
Pendora

Written by Pendora

Investment banker, global citizen interested in the pursuit and sharing of knowledge. Inquiries to pendorapubs@gmail.com