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No, the per capita cost of healthcare in the US is astronomically greater than Western European countries, including both private and public spend. In the UK th
by Emma_Goldman 8y ago
No, the per capita cost of healthcare in the US is astronomically greater than Western European countries, including both private and public spend. In the UK the NHS is a socialised service that is free at the point of use. If that's not 'regulation' then I don't know what is.
- yawboakye 8y agoIt's not a regulation of a private industry. It's a law on the people to pay for public health. If we still want to call it a regulation then it's a regulation on individuals instead of the health business.
- closeparen 8y agoTo regulate an industry is to make rules about how its participants may behave. This worlds away from government participating in the industry directly. Public housing is a public service; rent control is regulation. Public transit is a public service; fuel efficiency standards are regulation. Medicare is a public service; the medical licensing regime is regulation.