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But who is going to pay for it? There are more and more amazing machines, treatments and medicines available every year and soon it will be impossible for socie
by flakeoil 2y ago
But who is going to pay for it? There are more and more amazing machines, treatments and medicines available every year and soon it will be impossible for society to pay for it. And the longer our lifetimes extend thanks to one treatment, the more treatments we can use in a lifetime, and the cost increases even more.
It's for sure going to become a dilemma going forward (and already is today). Saying that costs will simply go down with volume will likely not be true. At least that is not what the trajectory for the last 50 years has been.
People would hesitate to pay these large sums themselves, if at all they could, and people don't like higher taxes.
- margalabargala 2y agoThe same person paying for it now? In the case study above, they weren't suggesting taking the teenager off the machine due to non-payment.
- flakeoil 2y agoWell my point is that healthcare is getting more and more expensive. At some point we will come to a limit where the money is not there or that the individual himself has to directly pay for it and take that decision. Will the kids work their asses off for the rest of their lives to give their dad another year? Or are we prepared to pay double the tax rate we pay today to cover all the new opportunities in healthcare? If more and more people live to 100 and beyond, then we will need more and more healthcare over a lifetime. Who will pay for that?