How does the U.S. healthcare profit making and taking boondogle that siphons off 18% of U.S. annual GDP, cashes in on the $4 trillion dollars spent by the public and the government perform in a major health crisis? The results are in. The most expensive healthcare in the world flopped badly. Compared to another hard-hit country, India, with three times the population (1.4 billion to 330 million) and with the U.S. coming into the pandemic with a GDP seven times greater than India’s ($21.5 trillion to $3 Trillion), simple math would suggest that India must have had a far worse experience than the U.S. If you thought that, you’d be wrong. In fact, the U.S., arguably the wealthiest and most powerful country on earth, suffered more than any other nation on earth. While the virus claimed 442,000 lives in India, COVID went on a tear in the U.S. claiming (as of this date) 662,000 lives. Although 51% of Americans are fully vaccinated compared to 13% of India’s population, death rates don’t lie. If you needed more proof that a privately held healthcare system can’t ever cut the mustard, here’s the moment you’ve been waiting for. Want to know how a tsunami of death and suffering and $4 trillion dollars coexist? Read “How the Most Expensive Healthcare in the World Became the Least Effective When Covid Struck.”
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