Unpacking the Surge in U.S. Healthcare Costs: Insights from Expert John Geyman – Corporate Crime Reporter

Health care costs are becoming a hot topic, especially with Congresswoman Marjorie Taylor Greene expressing her concerns. Recently, she shared on Twitter that her adult children’s insurance premiums are set to double if certain tax credits expire. Greene’s message is clear: she’s frustrated and doesn’t feel the Republican leadership is addressing this issue effectively.

“I believe in carving my own lane,” she stated, highlighting her discontent with current health insurance policies. Greene also voiced her opinion on how health insurance feels like a scam and criticized the allocation of funds, suggesting that the money sent overseas could be better spent addressing domestic issues.

Many Americans are watching closely as their health insurance costs rise. John Geyman, a former physician and author of Growing Costs of U.S. Health Care, warns that health care prices are on a troubling path. His book analyzes decades of healthcare trends and highlights the influence of corporate interests in keeping the current system in place.

Geyman argues that compared to other countries, the U.S. struggles with health outcomes because it maintains a multi-payer system. He believes a single-payer system is essential to ensure access and improve care. “To achieve better health care, we need everyone in the pool,” he asserts. This aligns with data suggesting that about 60% of Americans support single-payer health care. However, despite this backing, political action remains stagnant.

While Geyman reflects on the Affordable Care Act’s shortcomings, he notes that political power dynamics influence such decisions. Historically, when President Obama had the opportunity to introduce a single-payer system, he chose to work with insurance companies instead. The result? Rising dissatisfaction with existing healthcare plans, including the Affordable Care Act.

Geyman points out that the American health system is still influenced heavily by corporations. These big players—insurance, pharma, hospitals, and organized medicine—hold substantial sway over policy decisions. Many physicians feel trapped within this system, with limited power to advocate for change. Geyman notes that a significant number of health care costs stem from inefficiencies and fraud, which could potentially be addressed with a single-payer model.

The complexities of health insurance might feel overwhelming, but the idea of a more straightforward, inclusive system is gaining traction. As conversations around health care continue to evolve, many Americans hope for a future where access to care isn’t dictated by rising premiums.

For more insights on the current state of healthcare in the U.S., check out this report by the Kaiser Family Foundation, which regularly analyzes health policy developments.

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