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Is this the socialised price after Government subsidies? If so, the cost of medicine is just borne elsewhere: the average tax wedge is 38% in France vs 18% in

Is this the socialised price after Government subsidies? If so, the cost of medicine is just borne elsewhere: the average tax wedge is 38% in France vs 18% in the USA for a married couple with 2 children: https://www.oecd.org/tax/tax-policy/taxing-wages-france.pdf https://www.oecd.org/tax/tax-policy/taxing-wages-france.pdf Sales tax is also 20% vs less than 10% in all US states.

wing-_-nuts 5y ago
Study after study has shown that we pay more for medical care + taxes than other countries. As it stands, the excess gets syphoned off to feed the medical industrial complex.
- ChrisLomont 5y ago
  We also pay doctors and nurses and techs significantly more than any other country. And part of that is because we pay pretty much all skilled labor more, so to attract nurses and doctors we need high pay....
gilbetron 5y ago
A fair comparison does, I agree, need to look at the actual costs paid by people, and not just the number they see at the doctor. But even taking that into account, the US still pays more: https://www.rand.org/news/press/2021/01/28.html https://www.rand.org/news/press/2021/01/28.html
hadrien01 5y ago
No, it's before. After the Sécurité Sociale rebate, it's 0.28€ in Alsace-Moselle, and 0.97€ in the rest of France.
vidarh 5y ago
A quick google has found pharmacies in the UK selling it privately, unsubsidised, for around $40 for a pack of 10. Much more expensive than the quoted price for France, but certainly nowhere near the current US list price.
pessimizer 5y ago
The US government spends more on health care per capita than the French people and government. The problem is graft, not cost shifting - and it's a lot easier to see when you look at the numbers by % of GDP.
retrac 5y ago
Here in Canada, we have a half dozen competing generic drug manufacturers. They're not subsidized. My province has a public drug insurer that covers the elderly and very poor. It negotiates a common price as a large insurer tends to do. It's public information. It represents roughly the market cost in bulk to purchase these drugs from for-profit companies in Canada. https://www.formulary.health.gov.on.ca/formulary/results.xhtml?q=Indomethacin&type=1 https://www.formulary.health.gov.on.ca/formulary/results.xht... Indomethacin can be bought from four different companies at $C0.12 per tablet.

wing-_-nuts 5y ago

Study after study has shown that we pay more for medical care + taxes than other countries. As it stands, the excess gets syphoned off to feed the medical industrial complex.

ChrisLomont 5y ago
We also pay doctors and nurses and techs significantly more than any other country. And part of that is because we pay pretty much all skilled labor more, so to attract nurses and doctors we need high pay....

gilbetron 5y ago

A fair comparison does, I agree, need to look at the actual costs paid by people, and not just the number they see at the doctor. But even taking that into account, the US still pays more: https://www.rand.org/news/press/2021/01/28.html https://www.rand.org/news/press/2021/01/28.html

hadrien01 5y ago

No, it's before. After the Sécurité Sociale rebate, it's 0.28€ in Alsace-Moselle, and 0.97€ in the rest of France.

vidarh 5y ago

A quick google has found pharmacies in the UK selling it privately, unsubsidised, for around $40 for a pack of 10. Much more expensive than the quoted price for France, but certainly nowhere near the current US list price.

pessimizer 5y ago

The US government spends more on health care per capita than the French people and government. The problem is graft, not cost shifting - and it's a lot easier to see when you look at the numbers by % of GDP.

retrac 5y ago

Here in Canada, we have a half dozen competing generic drug manufacturers. They're not subsidized. My province has a public drug insurer that covers the elderly and very poor. It negotiates a common price as a large insurer tends to do. It's public information. It represents roughly the market cost in bulk to purchase these drugs from for-profit companies in Canada. https://www.formulary.health.gov.on.ca/formulary/results.xhtml?q=Indomethacin&type=1 https://www.formulary.health.gov.on.ca/formulary/results.xht... Indomethacin can be bought from four different companies at $C0.12 per tablet.