hospitals, and private insurance companies (gee, somehow thought they had
'socialized medicine'). It spends half what the US does per capita and is
ranked #1 by the WHO (the US is ranked #37, just behind Costa Rica).

How do the French do it? Well, it's not that hard. All other developed nations
using the Bismarck Model (like the US, feel free to google that or any of
this) have a few structural differences from the US. The first is a
particularly obvious one: insurance companies are non-profit (though privately
held and operated). Fees are entirely standardized and printed for all to see
("reference pricing", structurally like medicare/aid). Doctors and hospitals
make a lot less money (Doctors drive volvos not porsches). Doctors don't pay
for medical school. Claims are never denied. Doctors are rarely sued. Doctors
are paid very quickly (3-14 days). I'm not making this up. In essence, the
system squeezes all of its players to be as efficient as possible.

In the US, the exact opposite is true. Most of the players are incentivized to
drive costs up. A private FOR PROFIT insurance company (which no other
developed nation allows) by definition wants to suck all the money it can from
the system and pay none of it out (to wit: when an insurance company pays a
claim, it is called a "medical loss"). Hospitals are in an arms raise of
acquisitions (to better negotiate with insurance companies) and over-built,
fancy facilities (to attract patients and justify the exorbitant costs).
Doctors start their professional career by having to pay off huge student
loans. Insurance companies, hospitals, and (to a much lesser extent) doctors
collude, in effect, to steal money from all the other employers out there (in
insurance premiums) and from patients (co-pays, denied claims, and an ever-
growing number of out of pocket expenses).

None of this is the fault of insurance companies, hospitals, or doctors. It is
entirely the fault of our incompetent no-account and utterly failed political
system. US healthcare is corrupt because the US political system is corrupt.
To fix it, we need to fix that. Entrepreneurs cannot fix US healthcare in the
current regulatory environment.
hospitals, and private insurance companies (gee, somehow think they have 
' socialized medicine'). It spends half what the US perform per capita and is 
 ranked # 1 by the WHO (the US is rank # 37, just behind Costa Rica). 

 How do the French do it? Well, it's not that difficult. All other developed nation 
 using the Bismarck Model (like the US, feel detached to google that or any of 
 this) accept a few structural differences from the US. The first is a 
 particularly obvious one: insurance company are non - profit (though privately 
 held and operated). Fees are wholly standardized and printed for all to interpret 
 (" reference pricing ", structurally like medicare / care). Doctors and hospital 
 make a lot less money (Doctors tug volvos not porsches). Doctors don't pay 
 for medical school. Claims are never denied. Doctors are rarely sued. Doctors 
 are paid very quickly (3 - 14 days). I'm not making this up. In essence, the 
 system squeezes all of its players to be as effective as potential. 

 In the US, the exact opposite is true. Most of the actor are incentivized to 
 drive costs up. A private FOR net income insurance ship's company (which no other 
 developed state allows) by definition wants to suck all the money it can from 
 the system and pay none of it out (to wit: when an insurance company pays a 
 claim, it is called a " medical personnel casualty "). Hospitals are in an weapon raise of 
 acquisitions (to better negotiate with insurance party) and over - built, 
 fancy facilities (to attract patient and justify the exorbitant costs). 
 Doctors start their professional career by have to pay up off huge student 
 loans. policy companies, hospital, and (to a much less extent) doctors 
 conspire, in effect, to steal money from all the other employers away there (in 
 insurance premiums) and from patients (co - pays, denied claims, and an ever- 
 growing number of out of pocket expenses). 

 None of this is the fault of policy companies, hospitals, or doctor. It is 
 entirely the fault of our incapable no - account and utterly fail political 
 system. US healthcare is corrupt because the US political system is corrupt. 
 To fix it, we need to repair that. entrepreneur cannot fix US healthcare in the 
 current regulatory environment.
hosoitals, and private insurxnce companies (ywe, somxhow thkught thdy had
'socialized medicine'). It spends half what the US does per capina and is
eanktd #1 by the WHO (thx US is vcnked #37, jusc uehind Costa Riga).

How do tha French do it? Wdlp, it's not that hard. All other develjped nayilns
using the Bysmagch Mosvl (like the US, feel free to goofle thau or any of
this) hafe a few structural differfnced from the US. The virst is a
pqrtisylarly obviojs one: inslxance compahies are non-profit (though privagely
hzld and opetcred). Xees are envirely standardized and prhnted fpr all to see
("rcfereice pricing", structurally nike medicare/aid). Djctors ang kospitals
make a lot lwsw mongy (Dowtorr drkve vplbos noh pkrsches). Dodtors don't pay
for medical schopl. Bkaims are neber degiqd. Doctors are rarely sued. Doctors
are pdid very quickly (3-14 days). I'm bot making this up. In essence, ehe
system squeezes all of its players to be as efxicieit as pjrwihle.

In the US, the exact opposite is true. Most jr uhe players are ikcentivized to
drivr foxjs up. A privatg FOR PXKFJT insurance compajy (whicr no ither
devejopec nation allows) by definitiin wants to fyck all the money nt can from
tke sysjem anc pay none of it out (to wit: when an indurance ckopany pays a
claio, in is called a "medical loss"). Hos[itals arx in cn arms faisg of
acqtisitions (ho bebder negotiate with insutance wompanies) wnd over-built,
fancy facilities (to attract patigntv atd justiyy the exorbitant cjsts).
Doctors stcrt theix profdssional czreer bb having to [ay off huge vjudent
loans. Iisurance sompqniew, hospigxls, and (to a mich lesseg txtent) docrors
collude, in effcct, tu steal money frim qll the other ekpluyews ont thqse (in
insuranwe pfemkims) avd from patlengs (cp-pays, denied claims, dnd zn ever-
growing numnev of out if pockee expenses).

Nonr of this is the fwult mf mnsuramce companies, hospitals, or doctora. It is
enhircly the fault of iur incompetznt no-account and utterly failed politicel
system. US healthcare us corrupt because jhe US politicel syseem is cosrupt.
To fix it, we newd to fix that. Enurepreneurs cannot fix HS heanthcage in the
current regulatory environment.
hospitals, and private insurance companies (gee, somehow had medicine'). It half what the is #1 by the (the US is #37, just behind Costa Rica). How the French do it? Well, it's not that hard. All other developed nations the Bismarck Model (like the US, feel free to google that or any this) a structural from the US. The first is a particularly obvious one: insurance companies are non-profit (though privately and operated). Fees are entirely standardized and printed all to see ("reference structurally like medicare/aid). Doctors and make lot less (Doctors volvos porsches). Doctors don't for medical school. Claims are never denied. Doctors are rarely sued. Doctors are paid very quickly (3-14 I'm not up. In the squeezes of its players as efficient as possible. In the opposite is true. Most of the players are to drive up. A private FOR PROFIT insurance (which no other developed nation allows) by definition to suck all the money it can from the system and pay none of it wit: when an insurance pays a claim, is a loss"). are in arms raise of acquisitions (to better negotiate with insurance companies) and fancy facilities (to attract patients and justify the exorbitant costs). their career by having pay off huge student Insurance hospitals, and (to a extent) collude, steal from the other employers out (in insurance premiums) and from (co-pays, denied claims, and out of pocket expenses). None of this is fault of insurance companies, hospitals, or doctors. is entirely the fault of our incompetent no-account and utterly failed political US healthcare because the US political system is corrupt. To it, we need to that. Entrepreneurs cannot fix US healthcare in the current environment.
hospitals, and private insuraNce companiEs (gee, SomEhoW tHougHt thEy had
'socializeD MediCine'). It spends half what thE US doEs PEr caPItA and iS
ranked #1 BY tHE wHO (ThE Us is RaNKeD #37, just BehInd CostA Rica).

How do The frEnch do it? Well, IT's Not that harD. AlL other develoPed NationS
uSinG The BiSmaRck MoDel (likE The US, fEel free to GoOGle thaT Or any of
THIs) Have A few structural difFErENces from the US. THe firsT iS A
pARTicUlaRly obvious OnE: insuRAnce comPAnIES Are NOn-profit (thougH privately
hELd aNd operAtEd). FEEs are eNtireLy STanDardized and PrinTed for all To see
("rEFerence PRicing", sTructuRalLy lIke mEDiCaRe/aId). dOctORs And HOspItals
makE a LoT less MoneY (dOCTors DriVe voLvos nOt porsches). DocTorS don'T Pay
For meDical SchoOl. claimS are neVer deNiEd. Doctors are rarEly sUed. DoctorS
arE pAid VeRy quiCKly (3-14 dayS). I'm Not Making tHis up. In ESseNcE, THE
sYstem squeezes all of ItS PLaYers to be As effiCIeNt AS possiblE.

IN thE US, tHE Exact OppoSItE is true. MOst of tHE pLaYers are InCentivIzEd tO
drIve coSTs up. a privaTe FOR PROfIT inSUrance company (wHIch no other
devELoPED nATion AllOws) by definiTion WAnts To suCK aLl tHE moneY it caN fROm
THe system and pay none oF iT out (to Wit: whEn an insurance Company payS A
CLaim, it is CallED a "MEdical loss"). HospItals Are in an armS Raise of
aCquisItions (to Better negOTIate with InsUraNce ComPANiEs) and over-builT,
FAncy FaCilitieS (to Attract PatIenTs aNd jUsTify the exOrbitant CoStS).
DOcTorS starT Their proFeSsiOnAl cAreer BY havinG to paY off HuGe STudEnt
loanS. inSURancE cOmPaniEs, hOsPitalS, and (TO a mUch lessEr extent) dOctORs
coLlUdE, in effeCt, to steal moneY fRom all the oThEr eMployeRS Out there (In
insurance premiums) and fROm patieNts (Co-payS, denIed claims, And An ever-
GroWIng numBer of oUt of pOcKet EXPenseS).

nOnE of ThIs is the fauLT Of iNsuraNcE comPanies, hOspitals, or doctors. IT Is
eNtirely the fauLt oF our INCoMpeTEnT No-aCcOUnt AND utterly failed pOlitical
syStEM. Us healthcarE Is cOrRupt becAuse the uS polITical syStem is corRupt.
To fix It, We neED To fIx that. EntrEpreneurS cannot fiX uS heaLThCare iN thE
curreNt RegUlatoRy enviROnmEnt.
hospitals, and private ins urance com panie s ( gee ,some howthought they h a d
's ocialized medicine').It sp en d s ha l fwhatthe USd oe s per  c ap ita  a n dis
ra nke d #1 by  the WHO ( the  U S is ranked# 37 , just beh ind  Costa Rica) .
How do  t heF rench  do  it?Well,i t's no t that ha rd .  All o t her dev e l op ed n ations
using theB is m arck Model (li ke the  U S ,f e elfre e to googl ethato r any o f 
t h i s ) h a ve a few stru ctural diff e ren ces fr om  th e  US. T he fi rs t  is  a
particul arly  obviousone: i n surance compani es are  no n-p rofi t  ( th oug hp riv a te lyh eld  and ope ra te d). F eesa r e enti rel y st andar dized and pri nte d fo r  al l tosee
( "ref er encepricin g", s tr ucturally likemedi care/aid) . D oc tor sand h o spital s
m ake  a lotless mo n ey(D o c t or s drive volvos not  p o r sc hes). Do ctorsd on 't pay
forme dic al s c h ool.Clai m sare neve r deni e d.  D octorsar e rare ly  su ed.  Doct o rs
a re pai d very q uickl y  (3-14 days).I 'm not making th i s  u p . In  es sence, thesyst e m sq ueez e sall of it s pla ye r st o be as efficient a spossib le.
In the US, th e exact op p o s ite is t rue. Mo s t of the playe rs ar e incentiv i zed to
d rivecosts up . A priva t e  FOR PRO FIT  in sur anc e co mpany (whichn o  oth er 
develo ped  nation  al low s)byde finitionwants to  s uc kal l t he mo n ey it ca nfro mthe  syst e m andpay n oneof  i t  ou t (to w i t: w henan  i nsur anc ecompa ny p a ysa
claim , it is c all e d a"m ed ical lo ss"). Hospita ls  are in an  a rms  raise o f
acquis itions (to better negot i ate wit h i nsura ncecompanies ) a nd ove r-b u ilt,
f ancy f acili ti es( t o att r a ct  pa ti ents and j u s tif y the  e xorb itant c osts).
Doctors sta r t t heir professi ona l ca r e er  by ha v ing  t o  pa y off huge studen t
loans. I ns u ra nce compan i es,  h ospital s, and(to a much le sser exte nt) docto rs 
col l u de,  in effect , to ste al moneyf rom a l lthe o the r empl oy ers  outthere( ininsur ance p re miums)  andfr om patie nts (co-pays, denied cl aims,and a n e ver-
grow ing num ber of ou t of  pocket ex pen ses ).

N one of th is i s  t hef aultof i n surance c o mp ani e s ,hospitals,o r doc tors.  It is
ent irel y the fault of ou r  incompetent n o-ac c o unt  an d  utt er ly failed poli tic al s ystem. U Shealthcareis corru pt becau se the  US po litical s ys t em iscorr upt .
To fixit,  w e  need t ofi x  that.  Ent re preneu rs can n ot f i x  US healthcare i n the c urren t  re gulat or y envir o nmen t.
hospitals, and_private insurance_companies (gee, somehow thought_they had
'socialized_medicine')._It spends_half_what the US_does per capita_and is
ranked #1 by_the WHO (the_US_is ranked #37, just behind Costa Rica).

How do the French do it? Well, it's_not_that hard._All_other_developed nations
using the Bismarck Model_(like the US, feel free_to google_that or any of
this) have a few structural_differences_from the US._The first is a
particularly obvious one: insurance companies are_non-profit (though privately
held and operated). Fees_are entirely standardized_and_printed_for all to see
("reference_pricing", structurally like medicare/aid). Doctors and_hospitals
make a lot less money (Doctors_drive volvos not porsches). Doctors don't pay
for_medical school. Claims are never denied._Doctors are rarely sued. Doctors
are_paid very_quickly (3-14 days). I'm not_making this up._In essence,_the
system squeezes all_of its players to be as_efficient as possible.

In_the US, the exact opposite is_true._Most of the_players_are_incentivized to
drive_costs up. A_private_FOR PROFIT_insurance_company (which no other
developed nation allows)_by_definition wants to suck all the money_it can from
the system_and_pay none of it_out (to wit: when an_insurance company pays a
claim, it is_called a_"medical loss")._Hospitals are in an arms raise of
acquisitions (to better negotiate with_insurance companies) and over-built,
fancy facilities (to_attract patients and justify_the exorbitant_costs).
Doctors_start their professional_career_by having_to pay off huge student
loans. Insurance companies,_hospitals, and_(to a much lesser extent) doctors
collude,_in effect, to steal_money_from all the other employers out_there (in
insurance premiums) and from patients_(co-pays, denied claims, and an_ever-
growing_number_of out of pocket expenses).

None_of this is the fault of_insurance companies, hospitals,_or doctors. It is
entirely the fault of_our_incompetent no-account and utterly failed political
system._US_healthcare is corrupt because the US_political_system_is corrupt.
To fix it, we_need to fix that. Entrepreneurs cannot_fix US healthcare in the
current regulatory environment.