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The US’s largest expense is healthcare for older and sicker people, between Medicare, Medicaid, and the portion of health insurance premiums that subsidized you
by lotsofpulp 2y ago
The US’s largest expense is healthcare for older and sicker people, between Medicare, Medicaid, and the portion of health insurance premiums that subsidized young and healthy to old and sick (due to Affordable Care Act mandating age rating factors capping premiums as a multiple of 21 year old premiums and getting rid of underwriting for any health issues other than using tobacco).
Whether or not it is “acceptable” to the population is not an objective fact, although, there is always quite a bit of grumbling about increasing premiums, and the spending as a proportion of the nation’s productive output can only increased based on the population pyramid.
And I bet that applies to every developed country.