After living through the first pandemic in over a century, Americans could be in the midst of another one. “We’re facing a new type of pandemic…the affordability crisis is a pandemic.” Lee Shapiro, managing partner at health care venture fund 7wireVenture, said Tuesday at Fortune’s Brainstorm Health conference on Tuesday in Dana Point, Calif.
More than half of working age adults can’t afford health care, he said—and “when you can’t afford health care, you’re not buying your prescriptions, you’re delaying the delivery of care, you’re not making appointments… it’s a massive problem.”
