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Benzinga
Benzinga
Business
Jeannine Mancini

Warren Buffett Warned Soaring Health Costs Are 'The Tapeworm of American Economic Competitiveness' — Says It's Not Taxes Strangling U.S. Business

Lab, Healthcare,,Woman,And,Scientist,With,Tablet,In,Lab,For,Microscope

If you've ever felt blindsided by medical bills, you're not alone. In fact, when Warren Buffett called health care "the tapeworm of American economic competitiveness," he wasn't pulling punches—he was delivering a vivid wake-up call.

At the 2017 Berkshire Hathaway Annual Shareholders Meeting, Buffett made plain what a lot of people quietly suspect: the real burden on American business isn't taxes—it's health care.

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