3 ms·
There is a simple mechanism to limit the costs of health care used in other parts of the world: create a law that caps the expenditure to a percentage of the go
by coliveira 15y ago
There is a simple mechanism to limit the costs of health care used in other parts of the world: create a law that caps the expenditure to a percentage of the government's budget.
There is no reason the government has to put up with increasing costs, since it has power to drive prices down by virtue of being the biggest buyer. The opposite happens in the US only because health cost providers have figured out that the government will absorb any cost increases (until it goes bankrupt).