Incentives matter: America's for-profit medical industry thrives on massive wastage, unnecessary procedures, overbilling and overtreating

The first time I interacted with the US medical system was when I was a student at Michigan State University with a comprehensive travel insurance package my bank sold me before I left Canada: the cafeteria food gave me my first case of acid reflux and after it had persisted for several days, I went to the walk-in clinic on campus. (more…)