1. By calling it US healthcare, the author is missing the point. There is very little healthcare, but there is a lot of medical expense.
2. By not throwing in a sentence or two about how the ACA provided a perverse incentive for insurance companies to raise the cost of medical care so as to allow an increase in marketing and executive compensation, the author is ignoring one of the many pernicious effects government regulation has caused in the industry.
1. By calling it US healthcare, the author is missing the point. There is very little healthcare, but there is a lot of medical expense.
2. By not throwing in a sentence or two about how the ACA provided a perverse incentive for insurance companies to raise the cost of medical care so as to allow an increase in marketing and executive compensation, the author is ignoring one of the many pernicious effects government regulation has caused in the industry.