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to 500,000 rupees, or about $7,860, of coverage each year. That sum, while small by Western standards, would be enough to cover the equivalent of five heart sur

to 500,000 rupees, or about $7,860, of coverage each year. That sum, while small by Western standards, would be enough to cover the equivalent of five heart surgeries in India. If something like this is implemented, I'm curious to see what it does to prices - will a heart surgery continue to cost less than $2,000? Healthcare seems like a supply problem to me, not a demand one. Where healthcare is affordable, demand should be stable year-to-year. It seems like what's needed is more doctors and devices, not more ways to pay.

mgbmtl 9y ago
> If something like this is implemented, I'm curious to see what it does to prices - will a heart surgery continue to cost less than $2,000? In most countries, the cost of such operations are fixed by the state (ex: Canada). > "Where healthcare is affordable, demand should be stable year-to-year. What do you mean? There are so many factors that could explain higher healthcare costs, including an aging population, or better health coverage. I'm also not sure what it means for healthcare to be affordable. In most countries, the cost seems proportional to the general wealth. The US might be the exception, since it's one of the few countries with great wealth disparity and with a non-universal system (more bureaucratic overhead/costs).