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CNBC Lets Out The Truth: Our Biggest Problem Is Healthcare Costs

 

“The real issue, as Greg alluded to, is medical costs in entitlements in the medium term. Insurance rates, pharmaceutical monopolies, hospitalization monopolies, are the essence of the problem. All you have to do is look at every other industrial country. We pay almost double for care that’s ranked 37th in the world by the World Health Organization. Getting at that nut is almost sufficient to handle our long-term stability.”

CNBC Video

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