Elon Musk Wants to Know Why Healthcare Costs So Much — Mark Cuban Gives Him 7 Brutal Reasons Why CEOs Like Him Are Making It Worse

Benzinga ^ | March 6, 2025 | Jeannine Mancini

[madison10]

Three thousand dollars is insane.

[madison10]

Three thousand dollars is insane.

[citizen]

The system is gov’t controlled and set up to be expensive. Everything is forced thru insurance companies and levels of associated medical companies. They all get a cut and many can set their own prices.

[imabadboy99]

insane growth in the number of extremely highly paid “administrators” in the last few decades

plus 100 million illegals soaking up free healthcare in the emergency rooms

[plain talk]

“1. I have already paid for the insurance, so I really don’t care how much it costs to fix the car — I want the best parts, best service, etc”

Well stated.

[Alberta's Child]

When I say “third party payment” systems, I am referring to both private insurance AND government-run programs like Medicare.

The real heart of the problem is the natural human tendency for people to believe they have a God-given right to force others to pay for their medical care.

[buwaya]

I meant it about the Euros. They have every sort of “third party” payment system, if you want to call it that. And yet their cost structure is vastly lower.

[buwaya]

https://www.healthsystemtracker.org/chart-collection/health-spending-u-s-compare-countries/#GDP%20per%20capita%20and%20health%20consumption%20spending%20per%20capita,%202022%20(U.S.%20dollars,%20PPP%20adjusted)

[Alberta's Child]

That's good information. I think it's difficult to make comparisons on a simple per-capita basis like these numbers show.

A better approach would be to make comparisons among nations for comparable medical treatments -- i.e., what is the cost of a hip replacement, triple bypass, pregnancy/birth, etc. for each nation?

And then look at the costs relative to things like wait times, frequency of treatments, potential over-treatment or over-prescription of pharmaceuticals, etc.

[packrat35]

Lawyers

[bankwalker]

cost shifting ...