3 ms·
Exactly. What the US lacks is actually more liberal market in health. Less regulations and more competition. When talking about regulations people usually mean
by tasubotadas 5y ago
Exactly. What the US lacks is actually more liberal market in health. Less regulations and more competition.
When talking about regulations people usually mean regulating pricing and/or service quality but what actually needs to be tackled are the factors that limit competition, like:
- process for opening new clinics/hospitals should have little to none restrictions
- requirements for doctors (no doctors from outside can work in the US unless they complete $400k degree)
- Drugs from outside countries should be allowed to be imported without FDA's approval
and so on
- namdnay 5y agoNone of the other countries being discussed have any of that, and yet their systems work fine. So I don’t think the solution is there