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"Healthcare that isn't for profit" doesn't mean just a national health insurance. Just that as a random citizen you are shielded from seeing all the same issues

"Healthcare that isn't for profit" doesn't mean just a national health insurance. Just that as a random citizen you are shielded from seeing all the same issues underneath. The pharma companies, test providers, equipment makers and personnel are all making profits. I bet the total amount paid is higher that 130 euros a month. There's profit all through the system, so claims that healthcare should not be for profit are silly. Now, what happens is that the profits have to be kept in check, either via price controls or sufficient competition. It's not hard to argue that the choices made in the US are quite suboptimal, but it's far more of a regulatory problem than purely a matter of people making money. If nobody makes money, there's no healthcare.

porridgeraisin 1y ago
Not to mention EU pharma makes 50-70% [1] of their money from the US, an unregulated market. I'd challenge them to shut down that 800USD/shot revenue stream and still give subsidised insulin locally and remain profitable. Hint: they can't. Their shareholders would shut them down in a week. Good luck manufacturing the next new drug then. [1] https://www.novonordisk.com/content/dam/nncorp/global/en/investors/pdfs/financial-results/2025/Q1-2025-investor-presentation.pdf https://www.novonordisk.com/content/dam/nncorp/global/en/inv... https://www.marketscreener.com/quote/stock/GSK-PLC-9590199/finances-segments https://www.marketscreener.com/quote/stock/GSK-PLC-9590199/f... Edit: I too agree the US healthcare system is flawed, I'm just saying you cannot compare it against EU's results without considering the above fact.
immibis 1y ago
Profit is what's left after everyone is paid for their work. No profit doesn't mean nobody gets paid - it means nobody's trying to simultaneously maximize revenue and minimize costs just so they can pay themselves the difference. Speaking of tax-funded healthcare, did you know that US residents pay more tax towards healthcare than residents of any other country? And in return for that, they don't get any healthcare so they have to pay a second time to buy their healthcare.

porridgeraisin 1y ago

Not to mention EU pharma makes 50-70% [1] of their money from the US, an unregulated market. I'd challenge them to shut down that 800USD/shot revenue stream and still give subsidised insulin locally and remain profitable. Hint: they can't. Their shareholders would shut them down in a week. Good luck manufacturing the next new drug then. [1] https://www.novonordisk.com/content/dam/nncorp/global/en/investors/pdfs/financial-results/2025/Q1-2025-investor-presentation.pdf https://www.novonordisk.com/content/dam/nncorp/global/en/inv... https://www.marketscreener.com/quote/stock/GSK-PLC-9590199/finances-segments https://www.marketscreener.com/quote/stock/GSK-PLC-9590199/f... Edit: I too agree the US healthcare system is flawed, I'm just saying you cannot compare it against EU's results without considering the above fact.

immibis 1y ago

Profit is what's left after everyone is paid for their work. No profit doesn't mean nobody gets paid - it means nobody's trying to simultaneously maximize revenue and minimize costs just so they can pay themselves the difference. Speaking of tax-funded healthcare, did you know that US residents pay more tax towards healthcare than residents of any other country? And in return for that, they don't get any healthcare so they have to pay a second time to buy their healthcare.