Review Article
Volume 4 Issue 7 - 2022
Who Controls Healthcare Spending? Who Should??
Deane Waldman*
Professor Emeritus of Pediatrics, Pathology, and Decision Science, University of New Mexico and Former Director of the Center for Healthcare Policy at Texas Public Policy Foundation and Former Director, Board of New Mexico Health Insurance Exchange, USA
*Corresponding Author: Deane Waldman, Professor Emeritus of Pediatrics, Pathology, and Decision Science, University of New Mexico and Former Director of the Center for Healthcare Policy at Texas Public Policy Foundation and Former Director, Board of New Mexico Health Insurance Exchange, USA.
Received: June 15, 2022; Published: June 30, 2022




Abstract

The U.S. healthcare system is unsustainably expensive, extremely dollar inefficient, and fails to deliver timely, high quality medical care to most individuals. The reason for these failures is market separation: supply is disconnected from demand. Third parties control healthcare spending, yet they do not expend their own money nor do they consume the goods and services they “buy.” The payer for healthcare is neither the patient (consumer) nor the provider (supplier). The solution is reconnecting supply with demand. The person who should control healthcare spending is the patient, not a third party

Keywords: Healthcare Spending; U.S. Healthcare System; Consumer; Supplier

References

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Citation: Deane Waldman. “Who Controls Healthcare Spending? Who Should??” EC Nursing and Healthcare 4.7 (2022): 68-73.

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