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Once your income passes a certain point, America has some of the cheapest health care in the world.
by skizm 9y ago
Once your income passes a certain point, America has some of the cheapest health care in the world.
- have_faith 9y agoVery funny, even if not intentionally so.
- raverbashing 9y agoA certain point around 7 digits I'd say
- Spivak 9y agoNot even close. Let's pick Canada as an example. If you make $95k USD (household) you're better off in the US. https://www.cnbc.com/2017/06/23/heres-how-much-the-average-american-spends-on-health-care.html https://www.cnbc.com/2017/06/23/heres-how-much-the-average-a... We spend a little more than $10k USD on medical expenses or $13k CAD. https://www.fraserinstitute.org/sites/default/files/price-of-public-health-care-insurance-2016.pdf https://www.fraserinstitute.org/sites/default/files/price-of... Around $120k CAD is the tipping point where you spend more than the average person in the US which is about $95k USD.
- mahyarm 9y agoIncome tax load in Canada is pretty close to California / NYC, but your also paying for health insurance on top of the tax load. So living in Canada is cheaper than the USA for healthcare costs if your paying similar tax rates. It only starts becoming an extra cost if you live in an area of the USA with lower taxes than Canada, and you have to add a $9k credit for the Canadian side to account for the out of pocket healthcare expense they would be paying for in the USA.
- gok 9y agoI see what you're trying to say, but not really. There are several countries with comparable or lower top tax brackets and much cheaper health care, particularly if you live in California or New York.