How many Canadians used to come to the US for healthcare?
You're saying it wouldn't be cheaper, but you're not providing any evidence.
The US healthcare system takes in the most amount of money of any system in the world per capita and you're telling me it wouldn't be cheaper.
How much money goes into corruption? The estimates are 3% of US GDP
https://www.hks.harvard.edu/fs/msparrow/documents--in use/Corruption in Health Care--The US Experience--TI Global Report on Corruption--2006--pp16-22.pdf
Healthcare expenditure "represents 15.3 per cent of the country’s GDP, up from 5.7 per cent in 1965, and 8.8 per cent in 1980."
"Despite the extraordinary level of spending, health care economists have traditionally paid very little attention to corruption, fraud, waste and abuse in the US health care delivery system. They do not factor it into their cost models, they say, because ‘there is no data on that’."
However what is not included in corruption are the legitimate ways of squeezing money out of the system.
Number one is insurance companies.
Do Dropped Patients Mean $$$ for Insurers?
"The nation's five largest for-profit insurers closed 2009 with a combined profit of $12.2 billion,"
Just five insurance companies had profits of $12.2 billion. In the UK this is simply not necessary. On top of the profits you have the workers who are paid, the overheads that are paid and all of it is for something completely unnecessary.
According to this, 7% of healthcare spending goes on insurance companies. Seeing as the government paid 64.3% of all healthcare, this 7% is actually far larger amount of private health insurance.
Here are other things which cost a lot, lot more.
The US spends 17.5% of GDP per year on healthcare.
United States GDP | 1960-2016 | Data | Chart | Calendar | Forecast | News
US GDP is $17,947 billion in 2015.
This means healthcare spending is $3140 billion a year.
This means healthcare insurance companies are wasting $219 billion a year on doing something that is completely unnecessary. The chart puts it at $190 billion a year.
Add up all these costs and you get $765 billion a year wasted.
Now, that's $2,550 per person per year. You have a family of four and they are, on average, paying $12,000 just for corruption in health. Woopie.
Now, UK GDP is $2.849 billion, and they spend 8.5% on healthcare, so that means they spend $2.42 billion on healthcare, which is $3,725 per person per year on healthcare. That's only slightly more than an American is paying for the cost of corruption.
How is the US not going to save money? Seriously if so much is going on corruption because of the system, then you can't lose.