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Fixing the Underlying Problems of the Broken American Health System
March 9th, 2021 @ 8:00 pm - 9:30 pm
Health expenditures in the United States reached 17.7% of GDP in 2019, higher than any other country in the world. Yet the U.S. healthcare system consistently lags other advanced economies in terms of quality, access, efficiency, and other performance indicators. What is wrong with the healthcare system in the United States, and WHY are its costs so disproportionate to the outcomes it generates? Do viable solutions to these challenges exist, and what would it take to implement them?
Dr. William Hsiao, K.T. Li Professor of Economics, Emeritus, at the Harvard T.H. Chan School of Public Health will analyze the current state of the U.S. healthcare system and look to the success of national health insurance programs in other countries to draw globally-relevant lessons. He will also address the potential of proposals like Medicare for All to improve the health of the U.S. population and discuss obstacles to healthcare reform based on his experience designing a single-payer system for the State of Vermont.
This lecture is presented by the China Health Partnership to promote mutual learning in support of health reform efforts in China and the broader global community.