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> And a similar issue exists in Europe where most healthcare is paid for by the government. > The value goes to the individual, but the costs paid for by the g
by Adverblessly 3y ago
> And a similar issue exists in Europe where most healthcare is paid for by the government.
> The value goes to the individual, but the costs paid for by the governemnt.
A healthy, productive, individual produces a lot of value that is captured by the government in the form of taxes. The government also runs a very differential pricing scheme where the individuals with higher salary get more of their value captured, though they do "lose out" on not being able to refuse low value service or provide better service to high value individuals.
(Not to say that the government necessarily does a good job of managing healthcare, just that they do get to capture some of the value produced there)