I picked up Marty Makary’s book The Price We Pay as I started looking into the price transparency problem in the USA. Family members, friends, and many colleagues complained about the surprise bills when they received care in America. I thought this was a big enough problem for me to apply some entrepreneurial chops to try and solve. The book gave me plenty of insights and ideas, and gave me a great place to start digging. For those that don’t have an idea of how problematic the space is, I would recommend it.
Top takeaway: Price transparency and benchmarking are some of the best ways to lower healthcare costs in the US. I don’t necessarily agree but Marty makes some decent arguments. See below or skip to the bottom section called “So why is health care in the US so damn expensive?”