Re:Why Drug Prices Keep Rising Despite Congress's Efforts
by saiya-jin on Monday April 08, 2019 @11:55AM
(#19606349)
That is only partially true - real costs of drugs say in Switzerland are properly astronomical (don't know their comparison to US but would expect same or higher).
But we have pretty effective medical insurance - after paying initial yearly sum, insurance kicks in and covers 90% of the costs. No massive incomprehensible bureaucracy and fooling around with various charges. It doesn't matter what your employer is, you pay it yourself, it covers you no matter the age, status or existing state.
It can still be costly to encounter something serious, some other countries cover 100% of the costs (but question is the quality and speed of treatment, because if its free, old people with tons of mostly incurable ailments can easily flood the system). If it can properly ruin you, social system steps in.
But we have pretty effective medical insurance - after paying initial yearly sum, insurance kicks in and covers 90% of the costs. No massive incomprehensible bureaucracy and fooling around with various charges. It doesn't matter what your employer is, you pay it yourself, it covers you no matter the age, status or existing state.
It can still be costly to encounter something serious, some other countries cover 100% of the costs (but question is the quality and speed of treatment, because if its free, old people with tons of mostly incurable ailments can easily flood the system). If it can properly ruin you, social system steps in.