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I see what you're saying, but I think it's safe to say they were suggesting it is expensive to the individual if they get sick, not to their entire society. The
by roganartu 8y ago
I see what you're saying, but I think it's safe to say they were suggesting it is expensive to the individual if they get sick, not to their entire society. The two are very different problems.
Yes, the burden of healthcare costs in places with universal healthcare are spread across all taxpayers, but for that you get a society that can be reasonably confident that getting sick won't bankrupt them (especially if your socialised healthcare nation also has good welfare).
It's easy to dismiss as a "won't happen to me" kind of thing, but in reality it can happen to anyone. A couple of years ago my wife was suddenly admitted to hospital for a couple of weeks and then physical therapy for 6+ months and it didn't cost us anything except her lost income. In the US that could've easily run us several hundred thousand dollars with bad or no insurance. There's a reason medical bills are the leading cause of bankruptcy in the USA.[0]
[0] https://www.fool.com/retirement/2017/05/01/this-is-the-no-1-reason-americans-file-for-bankrup.aspx https://www.fool.com/retirement/2017/05/01/this-is-the-no-1-...