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> The price of hospital care (as measured by cost of inpatient bed day, [1]) in the US is on the order of twice as high as that of France, Germany and the U.K.
by BugsJustFindMe 9y ago
> The price of hospital care (as measured by cost of inpatient bed day, [1]) in the US is on the order of twice as high as that of France, Germany and the U.K.
And why do you think that is? Everything is political, including economics.
- aaavl2821 9y agothe articles i linked suggest it is in part because of hospital / health system consolidation leading to higher negotiating power. i think that is an economic factor, although i think i can see where you are coming from i assume youre suggesting that having a single payer would balance out the negotiating dynamic? that could certainly be the case. to be pedantic, if the US does get a single payer system, one could argue that the political act of creating a single payer system is driven by economic factors (local provider monopolies increase cost of care, payers adopt high deductible plans in response, people suffer financially as a result, therefore vote with their wallets) i dont think politics supersedes economics or vice versa, theyre very intertwined