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It's often cited that in Europe the sticker prices of both healthcare and education are lower. However that's because most of it is being subsidized by the sta
by fanzhang 10y ago
It's often cited that in Europe the sticker prices of both healthcare and education are lower. However that's because most of it is being subsidized by the state; it would be interesting to see whether the total societal costs are similarly rising everywhere for a comparable education or comparable healthcare (e.g. ER visit for broken arm).
- Symmetry 10y agoNo, the figures Scott cited include state subsidies. It's indicative that Britain, spending the same amount of money divided by total population, can provide healthcare to everyone for the same amount of money the US spends on Medicaid and Medicare for providing it for just the old and poor.
- kalleboo 10y agoThe "sticker price" in Europe is often zero. I don't think I've seen any international comparisons that don't include all the state costs. That said there are knock-on effects that aren't always well-explained - if higher education is free, doctors won't have student loans to pay off meaning they end up with lower salaries.