The US is #3 in the world for it spending on healthcare as a percentage of it's GDP, actually 16.69% in 2023, right behind Tuvalu and Nauru.
Maybe do some research before you state absurdly wrong things
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The US is #3 in the world for it spending on healthcare as a percentage of it's GDP, actually 16.69% in 2023, right behind Tuvalu and Nauru.
Maybe do some research before you state absurdly wrong things
The US is #1 in developed countries for infant and maternal mortality.
Americans die from preventable and treatable causes at much higher rates than residents of peer countries, alongside a life expectancy of 79, or two to four years lower than the average for OECD countries.
We spend 18% of our GDP on healthcare, NEARLY DOUBLE the average of other peer countries.
The number one cause of bankruptcy is medical debt.
When will the American people wake up and realize their private healthcare model only benefits the rich that are able to afford the care.
Food is, in general, very accessible, cheap, and elastic (People's food decisions are easily changed depending on the price).
Healthcare in America is not accessible, extremely expensive, and inelastic.
We have not had a famine in the developed world in quite a long time, but the healthcare crises continues.
The fact remains clear: The number one cause of bankruptcy is medical debt.
Healthcare is the only service that is life and death, where the money paid by the patient is completely inelastic.
I'm not saying doctors shouldn't be paid well. But what is really clear is that while the rich pay for premium concierge VIP treatment, the poor are regularly turned away for treatment they can't afford. You health insurance here is tied to your job. Lose your job? Pay $2000/month for COBRA or you don't deserve to have healthcare.
Don't act like public healthcare, expanding access to primary care physicians, and reducing medical administrative bloat is some economic degeneration headed for the sickle and hammer. I'm tired of pretending Ayn Rand style libertarianism capitalism is the perfect solution that has worked for everything including healthcare.