3 ms·
> But, in the end it's only going to save around 40% because until we see some real automation there is only so much costs you can cut before quality is impact
by anamax 15y ago
> But, in the end it's only going to save around 40% because until we see some real automation there is only so much costs you can cut before quality is impacted.
How can that be? After all, we have all these stories about significantly lower costs in other countries. Do they have automation that we don't?
- Retric 15y agoUmm a 40% discount on healthcare is huge is ~16% of US GDP which is significantly higher than the rest of the world. For reference that's savings is larger than the interest on the national debt. In other words the money we waste on healthcare is like doubling the national debt. Or twice what we spend on oil. http://en.wikipedia.org/wiki/File:International_Comparison_-_Healthcare_spending_as_%25_GDP.png http://en.wikipedia.org/wiki/File:International_Comparison_-... PS: Japan spends 1/2 what we do on healthcare despite a rapidly aging population. But, I would assume we would end up somewhere between them an Canada, because a significant portion of Canada's costs relate to it's vary low population density.