12/03/2025
And here I am sharing something else by Dr. Farran. If you read this, note the important words: "For Profit." As long as someone NOT involved in a patient's care is profiting from it, the system will remain broken.
Take a look at the skyline of Chicago and count the number of buildings named after insurance companies. Then try it with physicians and/or dentists. I doubt the results will surprise you! ;-)
America’s healthcare system makes no sense because nothing else works like it. You can get a plumber at midnight or buy an 85 inch TV for cheap. You can get LASIK for less than new tires. But you wait six hours in the ER and get a five-figure bill. A dialysis machine costs as much as a car. Surgery feels like a mortgage. Plumbing, TVs, and LASIK operate in real markets. ERs and hospitals do not.
ERs must treat everyone under EMTALA, with unlimited demand and limited resources. They cannot ask about payment first. They drown in coding, documentation, and liability. The result: long waits, high cost, inconsistent access.
Dialysis is almost entirely dictated by Medicare. One federal price-setter means no real competition. Hospitals respond by cutting time per patient and hiring administrators.
For-profit insurers thrive in this maze. Premiums rise, Medicare Advantage grows, and prior auth battles keep the system complicated.
Other countries show a simpler model. Australia, the Netherlands, Japan, Switzerland, South Korea, Spain, and the Nordics deliver longer, healthier lives at half the price. They guarantee access, build around primary care, negotiate prices, and keep bureaucracy low.
The fix is straightforward. Separate insurance from routine care. Use insurance only for catastrophes. Make primary care, labs, imaging, and mental health transparent and direct-pay. Break hospital monopolies. Shrink admin waste. Invest in prevention.
Milton Friedman said if groceries worked like healthcare, your employer would pay at checkout, stores would triple prices, claims departments would deny tomatoes, and costs would rise forever.
That is American healthcare. Routine care paid with someone else’s money. No prices. No shopping. A system that burns dollars instead of delivering value.
Full story at Dentaltown:
https://www.dentaltown.com/messageboard/thread.aspx?s=2&f=263&t=394120