Not doctors, not nurses, not the patients. The U.S. spent 17.2% of GDP in health care in 2024 versus the other top 10 OECD countries, averaging 11.3. A 2019 JAMA paper estimated that at least 25% of U.S. healthcare spending is administrative waste, errors, overcharging and fraud. That would not be possible in a consumer driven competitive market. It just wouldn't happen. The failure of Obamacare demonstrates that the federal government is probably the worst consumer of all. (03:24–03:34)
CLAIM
Asserts that 25% of U.S. healthcare spending is waste, errors, overcharging, and fraud.
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