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What do you mean, "Like England"? Healthcare in the UK is substantially cheaper than healthcare in the US. In fact, the US government spends more per capita on
by tfehring 8y ago
What do you mean, "Like England"? Healthcare in the UK is substantially cheaper than healthcare in the US. In fact, the US government spends more per capita on healthcare than the UK government does, despite the fact that most healthcare spending in the US comes from the private sector. https://www.bbc.com/news/uk-42950587 https://www.bbc.com/news/uk-42950587
- tracker1 8y agoIn any case, pricing needs to be negotiated very differently than it currently is regarding medicare prescription costs, which are iirc disadvantaged compared to insurance corporations. > "Since 2010 the prescription charge has risen by 26 per cent compared to a rise in average earnings of 16 per cent over the same period. Working age people with long term conditions simply can’t sustain this." https://www.mirror.co.uk/money/nhs-prescription-costs-set-rise-14032341 https://www.mirror.co.uk/money/nhs-prescription-costs-set-ri...
- tfehring 8y agoA 26% increase over 8 years is 2.9%/year annualized. Inflation in the UK over that same period was 2.9%/year [0]. It’s unfortunate that real wages have declined during that time, but that seems like a separate issue. I completely agree that Medicare needs to be able to negotiate prices for prescription drugs. That’s one of the few places where there’s clear room for incremental change in US healthcare. [0] https://www.bankofengland.co.uk/monetary-policy/inflation/inflation-calculator https://www.bankofengland.co.uk/monetary-policy/inflation/in...