Hey Alexa, only conservatives love to be lied to. All the rest of us dislike being lied to, and we think that the people who love to be lied to are the dumbest of the dumb. And an AI that lies is a useless piece of garbage.
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- Posts
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- Joined
- 3 yr. ago
News @kbin.social Trump and sons rage after judge delivers "the corporate death penalty for the Trump Organization"
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News @kbin.social Hospitals are dropping Medicare Advantage left and right
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Politics @kbin.social Trump's 'corporate death penalty' explained: veteran Manhattan fraud prosecutors describe what's next
Politics @kbin.social Judge rules Donald Trump defrauded banks, insurers while building real estate empire
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News @kbin.social With democracy on the ballot, the mainstream press must change its ways
Politics @kbin.social Trump lawyer Jenna Ellis turns on ‘malignant narcissist’ ex-president
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News @kbin.social X faces millions in fees over unpaid severance for former Twitter employees
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News @kbin.social Wooly mammoths to be reborn by 2027, says biotech firm
News @kbin.social Newly declassified US intel claims Russia is laundering propaganda through unwitting Westerners | CNN Politics
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Politics @kbin.social Trump Mar-a-Lago security aide flipped after changing lawyers
Space @kbin.social The "airless" Moon really does have an atmosphere, after all










These events are symptoms of the deeper malaise in America’s dysfunctional health-care system. The country spends about $4.3trn a year on keeping citizens in good nick. That is equivalent to 17% of gdp, twice as much as the average in other rich economies. And yet American adults live shorter lives and American infants die more often than in similarly affluent places. Pharmaceutical firms and hospitals attract much of the public ire for the inflated costs. Much less attention is paid to a small number of middlemen who extract far bigger rents from the system’s complexity.
Over the past decade these firms have quietly increased their presence in America’s vast health-care industry. They do not make drugs and have not, until recently, treated patients. They are the intermediaries—insurers, pharmacies, drug distributors and pharmacy-benefit managers (pbms)—sitting between patients and their treatments. In 2022 the combined revenue of the nine biggest middlemen—call them big health—equated to around 45% of America’s health-care bill, up from 25% in 2013. Big health accounts for eight of the top 25 companies by revenue in the s&p 500 index of America’s leading stocks, compared with four for big tech and none for big pharma.