Talk of The Villages Florida - View Single Post - Curiouser and curiouser: monies spent on medical care
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Old 07-31-2019, 09:03 AM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by blueash View Post
Now that actually is a testable hypothesis. One could look at first world countries that require patients to pay a significant amount of the cost which in your thesis should be the ones where the total health care spending is relatively lower as requiring payment reduces use. And compare that to countries with say, government provided health care at no direct cost to the patient, which in your thesis would result in high costs. Hint.. you've got it backwards.
I don't think is would be fair to compare other governments and what they spend for things to what our country spends. We seem to have an unlimited budget for everything, and a 22 trillion dollar debt. We also have much more borrowing power than any other country, so our government can spend more. But, it all boils down to whether or not you believe that competition brings down costs. I think that it does.

Last edited by retiredguy123; 07-31-2019 at 09:32 AM.