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Maarten88 | 1 year ago

> much more expensive and for no good reason

There is a good reason: profits and management pay. And greed is good, right?

> the problems are fixable

Fixable in theory. The US would first have to fix the underlying issue, which i.m.o. is government, media and even judicial capture by financial interests. Billionaires are now openly buying "shares" in those. I don't see any sign of it changing anytime soon. It only seems to get worse.

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sgerenser|1 year ago

It's not just profits and management. Administrators, nurses, and yes, definitely doctors, get paid far higher in the U.S. than in other countries. Who wants to be the one to say we need to cut staff, and cut wages for nurses and doctors, in order to bring down costs? Just cutting fat from insurance companies, or having the government step in as insurer with no other changes, wouldn't move the needle much.

Maarten88|1 year ago

I'm pretty sure healthcare costs in the US are also higher as a percentage of GDP compared to EU, so higher wages would not explain the difference. Also productivity should be higher?

I think pharmaceutical, hospital, insurance and legal companies take all the money.

paulsutter|1 year ago

Doctor and nurse pay is like 13% of costs. Massive savings are elsewhere

GolfPopper|1 year ago

>There is a good reason: profits and management pay. And greed is good, right?

I tried to find a health care CEO to comment, but they're all busy hiding from assassins.