TIME

The sickness of our system

AMERICANS SPEND VAST SUMS ON HEALTH CARE. CERTAINLY, health care is expensive all over the world, and it makes good sense for rich countries to spend large amounts to extend their citizens’ lives and to reduce pain and suffering. But America does this about as badly as it is possible to imagine.

Health care can sometimes harm people, through medical mistakes, or the overprescription of opioids. But there is also harm to people’s lives from its extraordinary and unnecessary costs. The percentage of national income that is absorbed by health care has grown over the past half-century, from 5% in 1960 to 18% in 2017, reducing what is available for anything else from 95% in 1960 to 82% today. The costs of health

You’re reading a preview, subscribe to read more.

More from TIME

TIME2 min read
A Man In Full, Adapted And Redacted
Tom Wolfe’s A Man in Full is a massive book, in more ways than one. The 742-page social novel about a swaggering Atlanta real estate mogul, which took Wolfe over a decade to write, sold a jaw-dropping 1.4 million hardcover copies after its publicatio
TIME3 min read
Modi-fying India
In April, two Indian writers published an ode to their Prime Minister, Narendra Modi. Titled “Forever in Our Hearts,” it recounts his achievements while singing his praises. Such gushing reverence captures the essence of Modi’s popularity at home and
TIME1 min readInternational Relations
Protests Spread
Members of a student protest movement in support of Palestinian civilians link arms on Columbia University’s Manhattan campus on April 18. When the protesters, who called on Columbia to divest from companies that supply weapons to Israel, refused to

Related Books & Audiobooks