Billionaire entrepreneur Elon Musk has sparked fresh debate over the value of the U.S. healthcare system, calling for Americans to get “their money’s worth” after data revealed skyrocketing administrative costs.
- The United States spent over $12,742 per person on healthcare in 2022, the highest among developed countries.
- The Peter G. Peterson Foundation revealed that Americans pay more than $1,000 per person annually for healthcare administration, overshadowing investments in long-term and direct patient care.
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