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"...the UK's system, where price controls help pay for healthcare for those who can't afford it..." I'm not sure how much you know about the UK system, but it
by andyjohnson0 13y ago
"...the UK's system, where price controls help pay for healthcare for those who can't afford it..."
I'm not sure how much you know about the UK system, but it doesn't use "price controls". Its funded by National Insurance Contributions [1], which are a form of payroll tax. The more you earn, the more you pay. People on low incomes pay nothing but still receive health care.
[1] http://en.wikipedia.org/wiki/National_Insurance http://en.wikipedia.org/wiki/National_Insurance
- natrius 13y agoThe vast majority of the UK's health expenses flow through the NHS. This gives NHS the power to demand prices that are lower than they would be if there were many competing insurers. That is effectively a price control. If you don't agree to accept the NHS's price, you're left with few, if any customers.