If there is an industry in the United States that cries out for stakeholder capitalism, it is healthcare.
The evolution of the healthcare delivery system in the United States has led to a drastic misalignment of the risks and benefits amongst the key players, namely providers and insurers. Unfortunately, this has increasingly left patients caught in the middle. Specifically, the singular focus of generating profits on the part of medical insurance carriers while patients bear increasing costs has resulted in a decline in both the value of and access to healthcare services. Policymakers now have both an opportunity and obligation to correct this issue and bring the system back into balance.
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