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Re:Why conventional wisdom on health care is wrong (a primer... by WalterBright on Friday October 18, 2024 @06:52PM (#41884212)
Health care prices in the US were reasonable until the government got involved in it in the 1960s.

Prices rose with inflation until 1968, when they started angling up steeply. 1968 was soon after the advent of Medicaid and Medicare.

The 1962 FDA amendments also resulted in a steep rise in drug costs, and a sharp reduction in new drugs being developed.

Re:Why conventional wisdom on health care is wrong (a primer... by keldaris on Friday October 18, 2024 @06:55PM (#41884231)
If that's true, how are they so much more reasonable in most developed countries with far greater government involvement still? Is the US government just uniquely bad at healthcare somehow? Why?
Re:Why conventional wisdom on health care is wrong (a primer... by WalterBright on Friday October 18, 2024 @10:04PM (#41885079)
It is true. Look at graphs of it.

> Why?

I don't know how other countries manage their health care systems, though I know that the British one is facing bankruptcy, and while health care was free in the Soviet Union patients had to pay for anesthetic for root canals, and bribery was the norm.

Here's a link to what's wrong with the American system:

https://www.theatlantic.com/magazine/archive/2009/09/how-ame...

Re:Why conventional wisdom on health care is wrong (a primer... by tonyedgecombe on Saturday October 19, 2024 @06:11AM (#41886894)
>British one is facing bankruptcy

No it isn't.

Re:Why conventional wisdom on health care is wrong (a primer... by tightbookkeeper on Saturday October 19, 2024 @09:38AM (#41887705)
By reasonable do you mean 30-50% of your income for your entire life? Regardless of whether you use the services?
Re:Why conventional wisdom on health care is wrong (a primer... by rsynnott on Saturday October 19, 2024 @11:47AM (#41888473)
… Where on earth are you getting that? As a high earner in a European country, about 8-9% of my income goes on the health service (though that includes some non-healthcare stuff). And I’m an extreme outlier; multinational salary and equity, single, no kids. For a single childless person on the average wage it’s about 2.5%.
Re:Why conventional wisdom on health care is wrong (a primer... by tightbookkeeper on Saturday October 19, 2024 @02:27PM (#41889588)
What’s your effective tax rate?
Re:Why conventional wisdom on health care is wrong (a primer... by Galaxeblaffer on Saturday October 19, 2024 @10:26AM (#41887934)
No country in the world has you paying 30-50% og your income to health care, it's more like 15-18%
Re:Why conventional wisdom on health care is wrong (a primer... by Angostura on Saturday October 19, 2024 @10:37AM (#41888002)
Where on earth are you getting that figure from?
Re:Why conventional wisdom on health care is wrong (a primer... by tightbookkeeper on Saturday October 19, 2024 @02:32PM (#41889634)
The uk tax receipts in 2024 was 342.2 billion.

The nhs budget was 181 billion. Half of all government money appears to be going to healthcare.

Re:Why conventional wisdom on health care is wrong (a primer... by immibis on Saturday October 19, 2024 @03:23PM (#41890024)
What percentage of people's money is government money?
Re:Why conventional wisdom on health care is wrong (a primer... by Angostura on Thursday October 31, 2024 @09:29AM (#42006713)
You appear to be working on the assumption that 100% of the population's income goes to the UK exchequer
Re:Why conventional wisdom on health care is wrong (a primer... by mindslight on Friday October 18, 2024 @07:42PM (#41884475)
Didn't the de jure government get involved in WWII with prices caps on wages yet exempting benefits, and this set the stage for the anticompetitive bundling of healthcare with employment? And wasn't the standard of care back then predominantly flavoring plus opium, which has a quite low cost basis?
Re:Why conventional wisdom on health care is wrong (a primer... by WalterBright on Friday October 18, 2024 @10:12PM (#41885118)
Yes, employers during WW2 started offering health care as a fringe benefit because the US had wage caps. Even earlier, the government required licensing of doctors, the original purpose of which was to drive out Jewish and Black doctors.

https://www.amazon.com/Competition-Monopoly-Medical-Care-Fre...

But the big government push into health care happened in the 60's.

Another big driver of American health care costs is the FDA:

https://www.amazon.com/Regulation-Pharmaceutical-Innovation-...