Re:Problems with relying on billionaires to save us
by j_walter on Wednesday October 13, 2021 @02:52PM
(#28855904)
It's only waste if you aren't one of the people pocketing from the inefficiency.
Re:Problems with relying on billionaires to save us
by MattGaiser on Wednesday October 13, 2021 @02:56PM
(#28855950)
And I suspect I could find the extra 1% of GDP in things like Tricare, employee health benefits for federal, state, and municipal workers, CHIP, etc.
Re:Problems with relying on billionaires to save us
by dragonwriter on Wednesday October 13, 2021 @02:52PM
(#28855903)
> Waste.
Not least of all the waste of all the parallel, sometimes overlapping and sometimes mutually exclusive public and private healthcare systems.
Re:Problems with relying on billionaires to save us
by micromacrofoot on Wednesday October 13, 2021 @03:06PM
(#28856087)
Now ask who is profiting from the waste.
Re:Problems with relying on billionaires to save us
by nazgulnarsil on Wednesday October 13, 2021 @02:55PM
(#28855942)
Waste is a fake answer. The UK makes tradeoffs that the US polity is unwilling to engage with. This is a very expensive form of juvenile behavior.
The US government spends as nearly much on healthcare as a national healthcare system costs in the UK as a percent of GDP. Medicare, Medicaid, and the VA are 1.5 trillion in spending. Or about 7% of GDP.
In normal years, NHS spending in the UK is 8% of GDP.
I am sure there are substantial coverage differences for a lot of procedures, but all the life threatening stuff for an entire population is handled for what the US spends on just the elderly and poor.