Fed takes over AIG

Re:Fed takes over AIG by mixmax on Wednesday September 17, 2008 @04:01AM (#306802)

I think that empirical evidence is against you on this one. The US has one of the highest spendings on healthcare per capita in the world, while average life expectancy (one of the measures of a good health care system) is on par with Cuba. US yearly expenditure on healthcare per person is $4.500. In Cuba it's $100.

The American freemarket system clearly doesn't work very well.

Source: http://ucatlas.ucsc.edu/spend.php*

[ Parent | on HN ]

Re:Fed takes over AIG by fharper1961 on Wednesday September 17, 2008 @08:20AM (#306941)

Thanks for the great link. The correct link is actually http://ucatlas.ucsc.edu/spend.php

The graphs alone should open the eyes of any who defends the current US system.

Of course Cuba and the US are both outliers. But realistically the US should be able to get results that are much closer to other first world countries.

[ Parent | on HN ]

Re:Fed takes over AIG by andr on Wednesday September 17, 2008 @06:26AM (#306886)

While spending per person in dollars may be higher, there is gross gross inflation in the health care sector, resulting in the hospital charging you $100 for a pack of Kleenex, because it's usually the insurance company that pays it.

[ Parent | on HN ]

Re:Fed takes over AIG by mixmax on Wednesday September 17, 2008 @07:21AM (#306911)

Yes - in this respect the American health care system has similarities to the unregulated capitalist financial markets, which is part of the problem.

I think that your comment splendidly proves my point.

[ Parent | on HN ]

Re:Fed takes over AIG by ajkirwin on Wednesday September 17, 2008 @05:53AM (#306872)

I'd argue that, on average, people act unhealthier in the US than they do in Cuba.

[ Parent | on HN ]