Thursday 19 April 2012

A quick primer on the US Healthcare issue



Coverage of this issue in the UK media is abysmal. This video provides some interesting insights into the healthcare debate across the Atlantic

2 comments:

Anonymous said...

Article a few years ago in Scientific American compared the %GDP spent on healthcare in the developed countries. It also compared it to health outcomes.

The result was that the US spent 15% of GDP on healthcare compared to around 10% for the UK and 8% for Japan. The health outcomes were inverse to spending so why was this?

The suggestion is that the so-called "market" used in the US to supply healthcare (coming to an NHS near you) is in fact monopolistic /duopolistic as competition is restricted to those that can raise the finance to "compete".

And the US branded the old NHS as inefficient! I think they should go back to that drawing board.

RenterGirl said...

The biggest cause of personal bankrupcty in the US is long-term illness and paying for health care. that saying about death and taxes comes to mind.