4 ms·
Um... Just US healthcare spending is 17.3% of GDP. $4.5 Trillion per year. No way this works.
by njarboe 3y ago
Um... Just US healthcare spending is 17.3% of GDP. $4.5 Trillion per year. No way this works.
- brewdad 3y agoCut out the middle man (insurance companies and their profits) and you can get this number dramatically lower.
- BillTheDuck 3y agoSimple solutions do NOT exist. There is a litany of "middlemen"; Drs, Corporations, Hospitals, Insurance, Pharmacies, Drug Companies, marketing, Lawyers ... ALL have a stake in something.
- foxyv 3y agoA large part of that is inflated health care costs. US citizens have to pay more than twice as much on average. Some services such as ER visits can cost 10x as much. US spends twice as much per capita than UK but get much less from it. Also keep in mind that the amount spent on roads is only a fraction of the total cost of cars in the USA.