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Because most countries have nationalized health care, projects abroad do not have to fund worker health insurance. That might explain a tenth of the cost differ
by brohee 9y ago
Because most countries have nationalized health care, projects abroad do not have to fund worker health insurance. That might explain a tenth of the cost differences, contractors said.
That's a wrong analysis. Healthcare is funded of workers compensation in countries with nationalized healthcare. The real issue is that Americans pay much more for the same healthcare, but that only have repercussions on prices when it's actually financed and not a burden on society.
- TheOtherHobbes 9y agoAmericans pay a huge percentage of GDP for relatively poor outcomes. http://www.commonwealthfund.org/publications/issue-briefs/2015/oct/us-health-care-from-a-global-perspective http://www.commonwealthfund.org/publications/issue-briefs/20... So it’s not a wrong analysis. Helth care costs distort entire markets in the US.
- chimeracoder 9y ago> So it’s not a wrong analysis. Helth care costs distort entire markets in the US. It's a completely wrong analysis. It's not even an analysis - it's just quoting a talking point straight from the MTA justifying their high payroll. And, as the article demonstrates, it's completely off-base. If you look at the numbers from the article, it still doesn't add up, even assuming that every employee is given the most generous healthcare plan available, the kind that venture-backed Silicon Valley startups might give to their employees.