4 ms·
The only place I've ever seen private healthcare provision work about as well as public (Singapore), it was with price controls and a public at-cost option that
by crdoconnor 9y ago
The only place I've ever seen private healthcare provision work about as well as public (Singapore), it was with price controls and a public at-cost option that competed with private options.
The idea that price controls don't work in America is, of course, an article of faith in the free market religion. It wouldn't fly there.
Spiraling costs is a much bigger risk in private "free market" systems, which is largely how America gets to spend 2x more of its GDP on roughly equivalent healthcare outcomes (mortality rates, etc.) to European single payer systems.