Why Medical Bills In The US Are So Expensive



The American health-care system is in a tug of war between physicians, hospitals, insurance companies, pharmaceuticals and shareholders. At the center of it all are the patients.

Ashley Palmiscino's insurance company was billed roughly $4 million for her five-month-old son Luca's lung transplant. Her family had to turn to fundraising almost immediately just to keep up with the medical bills, and she's not alone. One-third of the money raised on GoFundMe last year went to medical campaigns.

So how did we get here, and how do we turn things around?

"Once there's all this money sloshing around in a system, there's this sort of pile-on effect where everyone wants to grab their bit of this huge pot of money," said Elisabeth Rosenthal, a former physician who wrote a book about how health care became big business.

"Now what we have as we're trying to take it back and reduce costs is everyone is desperately clinging to their piece of the pie."
» Subscribe to CNBC: http://cnb.cx/SubscribeCNBC

About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online
Get the latest news: http://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: http://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC
Follow CNBC News on Google: http://cnb.cx/PlusCNBC
Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC

#CNBC

Why Medical Bills In The US Are So Expensive

Video Length: 14:57
Uploaded By: CNBC
View Count: 2,453,551


Like us on Facebook:
Follow us on Twitter:


End Boring Workouts! Shop Now at Aviron!
End Boring Workouts! Shop Now at Aviron!
Free Shipping on 69+ Free Shipping on any orders over $69.
Shop Diet Direct and get free shipping now!


Featured Products
ProtiDiet Protein Shake Mix, Vanilla (7ct)
ProtiDiet Protein Shake Mix, Vanilla (7ct)

High Protein - 15 grams Low Carb - 4g Net Carbs* Good Source of Fiber - 4 grams Per Serving Low Fat - 1.5 grams Each Serving Contains Only 4 grams of Sugar High Calcium - 35% of Daily ...

Our Price: 14.95

Rating: 5 out of 5 stars (5 out of 5)


BariWise Soup, Tomato (7ct)
BariWise Soup, Tomato (7ct)

High Protein - 15 grams Per Serving Low Calorie - 80 Calories Per ServingLow Carb - 5 grams Per ServingGluten FreeFat FreeAspartame FreeProvides 30% DV of Vitamin CQuick and Easy to Make ...

List Price: $14.95
Our Price: 11.00

Rating: 3 out of 5 stars (3 out of 5)


WonderSlim Crunchers, Honey Mustard (7ct)
WonderSlim Crunchers, Honey Mustard (7ct)

High Protein - 10 grams Per Serving130 Calories Per ServingLow Fat - 2.5 grams Per Serving Gluten-FreeTrans Fat FreeSaturated Fat FreeCholesterol FreeAspartame Free ...

List Price: $14.95
Our Price: 13.55

Rating: 4 out of 5 stars (4 out of 5)


Fix Body in 4 WEEKS ! ( Home Exercises )
Fix Body in 4 WEEKS ! ( Home Exercises )
This new video on my channel channel is dedicated to all beginners or people who are poorly versed in how to work out to ...
Video Length: 03:06
Uploaded By: Ivan Rusakov
View Count: 251,596

10 Healthy Late Night Snacks, Healthy Foods To Eat
10 Healthy Late Night Snacks, Healthy Foods To Eat
http://serious-fitness-programs.com/weightloss FACEBOOK PAGE: https://www.facebook.com/TheSeriousfitness Amazon links (Amazon Best Sellers): Nutiva ...
Video Length: 03:14
Uploaded By: TheSeriousfitness
View Count: 161,796

Power Yoga for Weight Loss & Belly Fat, Beginners 20 Minute Workout at Home, Total Body Routine
Power Yoga for Weight Loss & Belly Fat, Beginners 20 Minute Workout at Home, Total Body Routine
Power Yoga for Weight Loss & Belly Fat, Beginners 20 Minute Workout at Home, Total Body Routine ? Our FREE Yoga App for Apple: https://apple.co/2MhqR8n ...
Video Length: 19:35
Uploaded By: PsycheTruth
View Count: 1,135,562