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Except that, in basically every other developed nation, healthcare is _more_ regulated, if not nationalized, and has better performance for substantially lower
by hlieberman 3y ago
Except that, in basically every other developed nation, healthcare is _more_ regulated, if not nationalized, and has better performance for substantially lower cost.
The invisible hand(job) can't save you from areas where there is no significant profit to be made. In many cases, it's most cost effective to simply let people die. That's the problem with focusing exclusively on profit motives in healthcare.
- VancouverMan 3y ago> Except that, in basically every other developed nation, healthcare is _more_ regulated, if not nationalized, and has better performance for substantially lower cost. The various provincial public health care systems in Canada are generally seen as having atrocious performance, despite consuming massive amounts of taxpayer resources each year. Keep in mind that many Canadians also have costly private insurance to help pay for the numerous common exams, procedures, treatments, prescriptions, etc., that aren't covered by the public systems. For Canadians with the means to do so, it's quite common for them to seek medical treatment in the US, even if doing so is financially costly. Going to the US is often the only practical way for Canadians to receive health care services in a timely and effective manner.