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> This is likely due to Baumol's Cost Disease, since almost all higher skilled jobs in the US pay about twice OECD countries. So to drive our cost to OECD level
by thatfrenchguy 7y ago
> This is likely due to Baumol's Cost Disease, since almost all higher skilled jobs in the US pay about twice OECD countries. So to drive our cost to OECD levels, you'd need to mandate locally low salaries for doctors and nurses, which would result in lower quality care.
The bureaucracy of billing in the US is something magical that somehow manages to be worse in outcome and number of people involved than French bureaucracy (and the bar is high in terms of badness)