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Then where is all this money going? Why does my health insurance cost $10,000/person of coverage, on top of deductibles and co-pays?




https://www.cms.gov/files/document/highlights.pdf

33% to hospitals

20% to physicians and clinical services

9% to retail prescription drugs

5% for other health, residential and personal care services

5% for nursing care facilities and continuing care retirement communities

4% for dental services

I can't find any clear answer to what proportion doctors earn themselves:

https://www.medicalbag.com/home/finance/health-care-costs-in...


In addition, you pay for profit for the insurance companies


Mostly admin. You could make healthcare a lot cheaper with cheaper doctors though, but its not that great a racket




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