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You mean like in the US, where half a million people are bankrupted by health care costs every year?
by TheOtherHobbes 4y ago
You mean like in the US, where half a million people are bankrupted by health care costs every year?
- aww_dang 4y ago>According to the World Health Organization, US per capita government spending on health care is the fourth highest in the world. https://fee.org/articles/the-idea-that-the-us-has-a-free-market-health-care-system-is-pure-fantasy/ https://fee.org/articles/the-idea-that-the-us-has-a-free-mar...
- HPsquared 4y agoThere's a lot of regulatory capture going on there. It's not exactly a free market.
- gmac 4y agoYou don't want it to be a free market. People who need urgent health interventions are not ordinary rational consumers. They may not even be conscious. Combine this with providers incentivised to provide as much healthcare as possible at the highest possible markup, and insurers incentivised to deny as much care as they can ... and you have what always looks (from the other side of the Atlantic) like a gigantic life-and-death financial nightmare.