sf wrote:
The U.S. pays more for healthcare than essentially any other country.
This includes paying more for medications (both higher prices for
the same medications, and paying for more expensive medications
that other places in the world deem unnecessisary). It also includes
paying way more for research than is necessary. Big pharma more than pays
its gignormous research bills with money from the public (much of which
comes from taxpayers).
It is not true that other countries need higher taxes to pay their
healthcare costs. The problem in the U.S. is on the spending side --
our healthcare systems burns through too much money due to corruption,
mismanagement, and waste. The U.S. expends 17% of its economy
on healthcare, and 55% of that is government-funded. More reasonable
countries expend 7% to 10% on healthcare.
Steve
The U.S. pays more for healthcare than essentially any other country.
This includes paying more for medications (both higher prices for
the same medications, and paying for more expensive medications
that other places in the world deem unnecessisary). It also includes
paying way more for research than is necessary. Big pharma more than pays
its gignormous research bills with money from the public (much of which
comes from taxpayers).
It is not true that other countries need higher taxes to pay their
healthcare costs. The problem in the U.S. is on the spending side --
our healthcare systems burns through too much money due to corruption,
mismanagement, and waste. The U.S. expends 17% of its economy
on healthcare, and 55% of that is government-funded. More reasonable
countries expend 7% to 10% on healthcare.
Steve