So, basically, what she says is, if you earn in US, healthcare is affordable in India. She seems to think $4,300 is cheap and affordable for all Indians. Only the upper middle class and the rich in India can spend that kind of money. (Only about 25% of Indians have health insurance).
What do you mean? Are you honestly saying that medical care is provided for 95% of the planet at a voluntary loss and that the exorbitance of the US market is the only thing that keeps the companies solvent?
Really?! They are intentionally in the red, everywhere else, and make up for it through overcharging the US market?
Do the local hospitals in Bangalore franchise to the US to do so? Do the nurses go on extended holidays to make back all the money they lose? Do the pharmacists go home and night and pack boxes headed for the US so they don't continue to go into debt? Is that how you think it works?
That would probably explain why my GlaxoSmithKline stock is yielding a 6% dividend. Cause they are just that broke.
[+] [-] kristianp|11 years ago|reply
https://news.ycombinator.com/item?id=8304019
[+] [-] rurounijones|11 years ago|reply
Woah woah woah, don't lump us with the USA. Even among developed countries America's healthcare system is an outlier.
[+] [-] unknown|11 years ago|reply
[deleted]
[+] [-] billy8988|11 years ago|reply
[+] [-] spullara|11 years ago|reply
[+] [-] kristopolous|11 years ago|reply
Really?! They are intentionally in the red, everywhere else, and make up for it through overcharging the US market?
Do the local hospitals in Bangalore franchise to the US to do so? Do the nurses go on extended holidays to make back all the money they lose? Do the pharmacists go home and night and pack boxes headed for the US so they don't continue to go into debt? Is that how you think it works?
That would probably explain why my GlaxoSmithKline stock is yielding a 6% dividend. Cause they are just that broke.