3 ms·
In what way? MX has a free market in healthcare, this allows people to get better care and lower prices as all free markets do The cost of care in the US is s
by syshum 6y ago
In what way?
MX has a free market in healthcare, this allows people to get better care and lower prices as all free markets do
The cost of care in the US is so high because of the layers and layers of regulations, tax code, and legal liabilities that compound to influence the market in ways that are Anti-Consumer and increase prices on the service
- mdoms 6y ago> The cost of care in the US is so high because of the layers and layers of regulations, tax code, and legal liabilities that compound to influence the market in ways that are Anti-Consumer and increase prices on the service So is it your belief that other countries that have highly-regulated medical systems, complex tax codes and a high degree of legal liability also have health care as expensive as USA? Or do you think it's possible that there are other factors at play?
- syshum 6y agoOfcourse there are lots of other factors at play, nations with complete government run have all kinds of price controls on the product of health care that results in longer wait times than the US, and in many segments of care worse outcomes, and /or lower quality of care For example in the US most hospital beds are semi private where only 1 other patent is in the room. Where in many government run hospitals in other nations they was a Ward system where 10,20 or more patents are all lined up in a row. This reduces costs but I prefer our semi private system US also leads the world in medical research both in new technical, and in drug development largely this has a direct impact on our healthcare costs as well as unlike the rest of the world we do not have the same government mandated price controls. I wonder if US succumb to the pressure and does go full government run with the same price controls what that will do to the advancement of medicine in the world If you look at a wide range of actual care standards such as Cancer Survivability Rates, Wait times for Specialists, Wait times for things like getting a Heart Stint the US leads the world in health care outcomes. I am sure you will point to the ever misunderstood Life Expectancy and /or infant mortality rates which ARE NOT a proper judge of the health system itself but commentary on other factors in society (such as lifestyle choices) I believe the free market provides for the best outcomes for the most people, and I believe centrally planned systems be them economic or healthcare provide the worst outcomes. With the free market you may sometimes have breadlines but with centrally planned economies you may sometimes have bread.