Healthcare is on my mind, in part because I have spent much of the last two weeks looking after my husband following a serious operation on his spine. We were lucky — he had a great doctor, and we have good health insurance.
But whenever I spend time in the US healthcare system, I come away thinking what a quagmire of waste and misaligned incentives it is. I believe that’s because the last half century of financialisation within the industry has taken it from being a largely charitable service to a fat private market, ripe for exploitation.
