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The US has six public single-payer health systems (I forget them all) and spends more on them than European countries do on their universal healthcare systems w

The US has six public single-payer health systems (I forget them all) and spends more on them than European countries do on their universal healthcare systems without providing universal healthcare. I suspect that private profits are much higher in the US though, since that is supposed to be the incentive. I know that I would pay quite a bit of profit to someone in order to save my own life, and I imagine that people with children feel similarly about their lives. It's not any great secret either, listen to Obama talk about healthcare back in the day, and the phrase he always used was, "bend the cost curve". I would think the obvious solution would be to set up one actual single-payer and then use monopsony power to force costs down. It would probably mean less profit for those sellers though.

twblalock 4y ago
> It's not any great secret either, listen to Obama talk about healthcare back in the day, and the phrase he always used was, "bend the cost curve". I would think the obvious solution would be to set up one actual single-payer and then use monopsony power to force costs down. It would probably mean less profit for those sellers though. I think everyone knows that is what Obama really wanted to do, but it was not politically possible at the time even in his own party, and it's still not possible today.
red-iron-pine 4y ago
> It would probably mean less profit for those sellers though. A useful exercise in understanding US healthcare: Jump onto your search engine of choice and pull up a list of Fortune 500 companies. Take a look at the Top 10 and Top 50 companies. Once you see how many of them are healthcare related you'll understand why the US Gov and US Taxpayer get charged so much for so little.