For Her Head Cold, Insurer Coughed Up $25,865

Re:For Her Head Cold, Insurer Coughed Up $25,865 by rayiner on Monday December 23, 2019 @02:27PM (#21866459)

It’s not irrational. Europe spent decades in economic doldrums before the Thatchers and Merkels and Blairs forced reforms and liberalization. The US largely avoided that. (Though, we’re still stuck with the legacy of FDR, and in many respects Europe is overtaking is on economic liberalization and deregulation.)

As to ACA, it’s a step toward what’s basically the Dutch or Swiss healthcare model. We don’t need to socialize insurance or healthcare services to have a workable system.

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Re:For Her Head Cold, Insurer Coughed Up $25,865 by arethuza on Monday December 23, 2019 @02:50PM (#21866689)

The Thatcher years in the UK really weren't anything that special when it came to GDP growth:

https://www.economicshelp.org/blog/2688/economics/data-on-ec...

What they did do was a huge move towards financial services and away from manufacturing - and we all know how well that turned out....

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Re:For Her Head Cold, Insurer Coughed Up $25,865 by jacquesm on Monday December 23, 2019 @02:49PM (#21866679)

> Europe spent decades in economic doldrums

Is that so? By whose standards? Europe is doing fine across the board. There are fewer billionaires but at the same time we don't have medically induced bankruptcies.

> We don’t need to socialize insurance or healthcare services to have a workable system.

You probably do. Simply because disease is distributed randomly (or actually: worse than randomly), unlike wealth.

I could see the case for Blair being a reformer and pushing an agenda of liberalization, much less so for Merkel and Thatcher left the UK in much worse state than she found it even though somewhere in the middle of her rein things were marginally better.

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