Comparing admin costs of govt healthcare and private healthcare isnt apples and oranges just so long as you remember to state how much of govt healthcare really costs when you add up all of the costs.
You are right. It isn't just the cost and the massive debt. Its also the 12-16 years to become a doctor, chance of failing, stressful long hours, and malpractice insurance.
A blogger regurgitating extremist rightwing DISINFORMATION from a 2009 Heritage Foundation blog? Too bad that NONE of those sources have any credibility whatsoever when it comes to FACTS!
wrong, you are a doctor earning a good salary when you graduate from medical school ( 3-4 years) and there are no shortages of people who want to be doctors
simple, when you don't have capitalism people are very very poor and cant afford much of anything. The solution is Republican capitalism. I hope you understand?
most poor people in America can afford to eat too much for their own good. They could afford a lot of health care too if it was priced by Republican capitalism. I hope you understand?
Not a penny of the HHS budget, physical plant or tech infrastructure and maintenence, tax collection(premium) costs, tax on private insurers or individual Obamacare taxes are figured into "costs". Also expenditure per patient is much higher in the Medicare population, so " % overhead per patient" is much lower.
Docs only get about 15% of the money sloshing around healthcare. Oddly, they will be taking the biggest reimbursement hits
We're talking about an individual making a lifelong investment in their own human capital. Obviously that is not the same as a large corporation making an investment. You don't have to be very bright to see this. The ratio of payout to initial investment will have to be much larger, so relying completely on free market incentives isn't really the most efficient in this situation. There's already a huge investment of time and effort, it's sort of an all-encompassing labor that consumes a big piece of someone's personal life, and then on top of that there is the investment of money.
I was cleaning out my files and I gathered together all of the certificates that I had from various courses on different subjects that I had taken during my working career. There were 45 of them in total which ended up as an average of slightly more than one per year. Those certificates were a tally of the investment that I made in my own human capital from a corporate perspective. There were another dozen or so from courses that I had taken out of self interest or for areas where I was doing volunteer work and amongst them was a citation from my state legislature. Human capital is way more than just what it is worth to corporate America.
You tell me We are just reporting on what we observe America has the most expensive health care system in the world and it is underperforming with a higher infant and maternal mortality and a lower life expectancy than other developed nations
I much prefer our UHC which has lower infant mortality and longer life spans https://www.healthsystemtracker.org...lity-u-s-improved-slowly-comparable-countries
Infant mortality is a terrible metric to use since all countries do not track infant mortality the same. That said, unless you break down to the exact cause of every infant death, it's a meaningless statistic.