U.S. Health Care Expenditures are now over 20% of GDP and climbing ahead of the 2024 Presidential election. Health care and health insurance will likely be at the top of the agendas for both candidates and political parties for this cycle. So, how did we get here?

Why is employer-sponsored health care in the U.S. unlike any other in the world? It’s a system often referred to as “An Accident of History”, because there was not a comprehensive strategy to finance it. Rather, the U.S. health insurance system is derived from decisions by the federal government, struggling providers, politicians, activist unions, employers, insurance companies, and we the consumers who stand to benefit. Why should we care?

In this episode, I’m joined by health insurance “historian” Chris Ecos as he uncovers the history of the U.S. health insurance system and answers the questions: How did we get here? Why does it matter?

Connect with Chris: LinkedIn

Resources: