Re:Health insurers just published close to a trillion hospit...
by deburo on Thursday September 08, 2022 @12:29PM
(#32767922)
>but we cover WAY less for individuals.
That has to be related to the fact that American drugs are sold to a lesser price abroad than at home, right?
In Quebec, cancer treatment is free. Given that even late-stage cancer patients live much longer nowadays, and those treatments are probably expensive as heck, I wonder how we can afford it.
The US federal govt spends >8% of GDP on healthcare, with the current system of all of our insurance and payments and everything that we have to pay in addition, totaling nearly 20% of GDP: https://www.crfb.org/papers/american-health-care-health-spen...
The UK spent 9.6% of GDP on healthcare in that same year (2017) for their publicly-funded full healthcare system: https://www.ons.gov.uk/peoplepopulationandcommunity/healthan...