Meanwhile, there's a private sector hospital that charges a fraction of the costs. Yet they don't accept insurance or state subsidies. They have that pressure to be efficient. The ideal from my perspective is finding a way to keep this competitive market pressure to drive costs down while finding the most indirect means possible for the government to allow all citizens to afford it. If the government starts subsidizing such organizations directly, the costs and inefficiencies might skyrocket again.https://youtu.be/fkXywMBYfLM
The government isn't a direct solution in my opinion. The US federal government can't be compared so directly to smaller and/or more homogeneous countries with governments that have a decent track record for efficiency. The system and culture don't produce efficiency absent sufficient pressure and incentives at a system-wide level. Instead, people tend to act like money grows on trees if they aren't spending their own money directly. Politicians have almost zero incentives for fiscal responsibility -- to the contrary, they have pressure to spend as much as possible for popularity and significant pressure not to make budget cuts to promote efficiency. Things inevitably skyrocket in costs and waste as a result -- almost everything the government touches.
It is very quality and free if you have an insurance in my country. Why it is so expensive in the US?
$1,000 to be taken by an ambulance too...Because America is a money gobbling shithole. 🤷♂️
Wow... I feel like devils govern your country, not humans...
Oh wow, I had no idea it was that expensive. Thanks for sharing
If its such a shithole then leave.
With insurance, I have a $10 co-pay for a doctor's visit and generic prescriptions are $2. If you aren't insured, it's very expensive so get insurance.
Very good point. Honey
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True, but some might argue they're related!
Well we have to be sacrificed for the prosperity of the strong. 🤷♂️