Further, we pay, by far, the highest prices in the world for prescription drugs with nearly 1 out of 4 patients unable to fill the prescriptions their doctors write. Despite spending more than twice as much on healthcare as the average developed country our health outcomes are worse than most. For example, our life expectancy is about 4.5 years lower than Germany’s and we have the highest infant mortality rate of almost any major country on earth. While the current system is not working for ordinary Americans, it is working VERY well for insurance and drug companies and their CEOs. Last year, the six largest health insurance companies in America made over $60 billion in profits, led by the UnitedHealth Group, which made $24 billion in 2021. The CEOs of 178 major health care companies collectively made $3.2 billion in total compensation in 2020 – up 31% from 2019.

What It Means

This is a placeholder explanation generated by the low-overhead model. It interprets "Further, we pay, by far, the highest prices in the world for prescription drugs with nearly 1 out of 4 patients unable to fill the prescriptions their doctors write. Despite spending more than twice as much on healthcare as the average developed country our health outcomes are worse than most. For example, our life expectancy is about 4.5 years lower than Germany’s and we have the highest infant mortality rate of almost any major country on earth. While the current system is not working for ordinary Americans, it is working VERY well for insurance and drug companies and their CEOs. Last year, the six largest health insurance companies in America made over $60 billion in profits, led by the UnitedHealth Group, which made $24 billion in 2021. The CEOs of 178 major health care companies collectively made $3.2 billion in total compensation in 2020 – up 31% from 2019." in the context of "" to mean that wisdom is timeless.