2 ms·
It doesn't but other nations such as Japan have a much older shifted demographic and their costs are much better managed. All other first world nations have bet
by dv_dt 8y ago
It doesn't but other nations such as Japan have a much older shifted demographic and their costs are much better managed. All other first world nations have better cost and overall performance outcomes in their healthcare than the US.
None of them allow private companies to dictate drug and procedure prices.
The US dedicates 50% more of it's GDP to healthcare than Japan does, despite having more favorable demographics for need of services by age. (see fig 2 [1])
[1] https://www.oecd.org/els/health-systems/Country-Note-JAPAN-OECD-Health-Statistics-2015.pdf https://www.oecd.org/els/health-systems/Country-Note-JAPAN-O...