That's not true, and you were foolish to trust ChatGPT on this instead of researching it yourself. Also, if you are spending even 20% of a budget on things that are useless or net negative for the effort you are engaged in, you are wasting that 20%. "60% of the healthcare system's spending was on providing healthcare" is not a GOOD thing, that's an indictment!

In 2024, insurance was 31% of national health expenditure: https://www.cms.gov/data-research/statistics-trends-and-repo...

That's a third of the whole system just spent on middlemen whose whole job is to make access to care harder. The single largest proportion of our expenditure was on the most useless part of the system.

Private health insurance costs more than physicians, hospitals, prescription drugs, or Medicare or Medicaid.