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> A better way to solve the problem is to go with a single-payer healthcare system Possibly. But there are countries in Europe where healthcare is primarily or
by qwytw 3y ago
> A better way to solve the problem is to go with a single-payer healthcare system
Possibly. But there are countries in Europe where healthcare is primarily or to a large degree (or even entirely like in Switzerland, they don't even have any Medicare/Medicaid equivalents) financed through private insurance systems. Yet they manage to keep prices from spiraling through effective regulation.
- nobodyandproud 3y agoYes, but Switzerland also subsidizes premiums if your income is too low relative to the premium; and healthcare coverage is mandated by law. I don't know Swiss politics but I also assume there isn't a bickering back-and-forth by party lines that end up distorting/underfunding any sort of healthcare.
- qwytw 3y ago> but Switzerland also subsidizes premiums True, however US spends huge amounts on MedicAid which sort of tries to do the same just seemingly way less efficiently and also less equitably. Capping insurance premiums at 10%(?) of income seems like a better idea than having a byzantine style system which discourages people from ever trying increase their incomes. > I don't know Swiss politics but I also assume there isn't a bickering back-and-forth by party lines Yeah, of course that's the real problem since we already know that any system ranging from fully private (with government subsidies) to single payer can work with proper regulation.
- dv_dt 3y agoUS Medicaid is intentionally hobbled though. For instance it is not allowed to negotiate drug costs (or maybe with recent legislation it can a with a handful over a decade amid a catalog of tens of thousands of frequently used drugs.