What's Wrong With The American Healthcare System? The Healthcare Insurance Racket

TL/DR:

• The American healthcare system is criticized for being driven by profit and greed, with the health insurance industry profiting at the expense of citizens.

• The history of healthcare in the US evolved from informal practices to a formalized system with rising costs, leading to the development of health insurance, initially through "sickness funds" and later private plans like BlueCross and Kaiser Permanente.

• Repeated attempts at comprehensive healthcare reform, from Theodore Roosevelt's social insurance proposals to the Affordable Care Act, have faced political opposition and lobbying, often resulting in systems that benefit the private insurance industry more than the average American.