[steveBK123]

A large number for sure, and completely agree likely too much.

However that's against a projected total spend of $6 trillion in 2027, so 13% accounting for all profit for every level in the medical system (insurers, providers, pharma, medical equipment, etc) .

If you were to wipe that to 0, maybe medical costs go down 13% in US. I don't think US is seen as obscenely expensive and bad value (outcomes per spend) because of a 13% difference.

For example per capita medical spending is 2.3x higher in US than UK, so wiping out all profit will bring us to.. about 2x UK costs.

It's a deeper structural problem of utilization (lifestyles, behavioral), high labor costs (AMA cartel), incentives (pay for treatment not outcomes), etc.