U.S. Healthcare

The fundamental issue with the healthcare system is unchecked healthcare costs that are making it unaffordable. One can attribute a major part of the rising costs to the current fee-for-service model and third-party payer model. They need to be replaced with a result-based payment system that emphasizes individual empowerment.

We cannot ignore the fact that almost all of the stakeholders (hospitals, doctors, drug companies, and health insurance companies) are in the business of making money. Therefore, it is vital that there is accountability, and transparency and free competition, starting with elective services, procedures, drugs, and insurance premiums.