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Waste. The US government spends as nearly much on healthcare as a national healthcare system costs in the UK as a percent of GDP. Medicare, Medicaid, and the V
by MattGaiser 5y ago
Waste.
The US government spends as nearly much on healthcare as a national healthcare system costs in the UK as a percent of GDP. Medicare, Medicaid, and the VA are 1.5 trillion in spending. Or about 7% of GDP.
In normal years, NHS spending in the UK is 8% of GDP.
I am sure there are substantial coverage differences for a lot of procedures, but all the life threatening stuff for an entire population is handled for what the US spends on just the elderly and poor.
- dragonwriter 5y ago> Waste. Not least of all the waste of all the parallel, sometimes overlapping and sometimes mutually exclusive public and private healthcare systems.
- j_walter 5y agoIt's only waste if you aren't one of the people pocketing from the inefficiency.
- nazgulnarsil 5y agoWaste is a fake answer. The UK makes tradeoffs that the US polity is unwilling to engage with. This is a very expensive form of juvenile behavior.
- MattGaiser 5y agoAnd I suspect I could find the extra 1% of GDP in things like Tricare, employee health benefits for federal, state, and municipal workers, CHIP, etc.
- micromacrofoot 5y agoNow ask who is profiting from the waste.