But eventually we really truly will not be able to afford it. 5k to 22k in 23 years means it's going to be around 90k in 2045.
The answer unfortunately lies in Health Insurance companies existing and we don't really want to do anything else. Eventually they'll have to stop somewhere but with everything else going up what will give if not guillotines?
[1] https://toronto.ctvnews.ca/ontario-widower-stuck-with-us-100...
“The Royal College of Nursing estimated in 2021 that the average annual salary of an NHS nurse is £33,384. “ https://www.nurses.co.uk/blog/a-quick-overview-of-nurses--sa...
“A U.S. nurse averages $82750 a year. California RNs top the list at $124000 annually.” https://www.incrediblehealth.com/blog/the-highest-paying-sta...
NHS consultants working at their hospital privately. Hiring their own companies.
You're an NHS nurse, your pay has declined drastically in real terms and the job is increasingly stressful due to a staffing shortage. You spend part of each shift teaching a clueless agency nurse, who's costing the NHS 2-4x more than you, how things work.
The government has over the last two decades, gradually shifting more work to private services, despite paying more for less each time they do so.
The people responsible should be in jail.
Doctors, Nurses, and staff are employees. They cost money, yes.
Drug companies cost money, yes. We, in the US, pay them a massive amount of money to socialize the risk and privatize the success. We should probably investigate that as well. The primary issue, however, is insurance companies. They're for profit. They need their numbers to grow. How do they do that? Cover less, raise prices for medication and procedures, and raise premiums.