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Yeah, these are standard conservative talking points. The best part is they would riot if we actually tried to implement Singapore's health system in the US.
by noelsusman 7y ago
Yeah, these are standard conservative talking points. The best part is they would riot if we actually tried to implement Singapore's health system in the US. In Singapore the government forces you to put a certain percentage of your income into a health savings account, and then the government tells you what you're allowed to spend that money on. You can't use that money to buy a drug that isn't on a special government list, for example. The government also owns most of the hospitals, and most doctors are government employees. Hospital stays are mostly paid for with government subsidies. Drugs are also directly subsidized by the government, but only the drugs that government bureaucrats approve.
But none of that has stopped them from spending decades pretending that transparent pricing is the sole reason why health spending is lower in Singapore.