- Oct 12, 2009
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Of course they are ripping us off.
They are the reason that we pay more for drugs and healthcare than any country in the world.
WRONG!!!!!!!!
The costs are the same...the difference is GOVERNMENT SUBSIDIES....in other words TAXES on their citizens are used to subsidize the healthcare industry.
That's just silly. The percentage of GDP spent on healthcare is MUCH HIGHER in the United States than any other country in the world.
But lets get down to the nuts and bolts. How do other countries do a better job of providing healthcare to everyone and limiting costs at the same time?
They negotiate drug prices on behalf of patients. Lower costs.
They have free medical schools, so there are more doctors per capita than we have. Greater supply, lower costs.
They provide a government option to compete with the private insurance companies. More competition, lower costs.
They limit medical liability, so doctors don't have to practice defensive medicine. Lower liability, lower costs.
In the case of single payer systems like Canada, the administrative costs are much less because they don't have to pay admin costs for150 different for profit insurance companies. Less overhead, lower costs.
And lastly, because they have systems that cover everyone, people don't overuse the emergency room, which is the most expensive healthcare of all. Less emergency room visits, lower costs.
Of course none of this takes into account the horrible costs to society our system brings. Medical bankruptcies, delayed care, and the fact that our companies are less competitive in the world market, because of high healthcare costs born by employers. Our system is morally wrong and very destructive to our society.
Some wonderful ideas there Chris. The Republicans suggested several of them in their plan, but the Democrats rejected them.