Gregory's Server
If deregulation lowered prices, why is the privatized healthcare system of the US more expensive than the public healthcare system in Canada, Europe, Japan, and Australia?
|
7 comments
 @stevenbodzin @KFuentesGeorge @aral @duckwhistle @stevenbodzin @KFuentesGeorge @aral In a capitalist system, everything is because of capitalism. @BigBadDog @stevenbodzin @KFuentesGeorge @aral  @duckwhistle @KFuentesGeorge @aral Obviously it's all connected. I was arguing that this specific example might have more to do with borders than with capitalism. @stevenbodzin @KFuentesGeorge @aral @duckwhistle @KFuentesGeorge @aral Yes! And the US was closer to that goal in the 19th c. (Serious education was already expensive, but there were all sorts of other healthcare providers.) But doctors limited supply in many ways, starting with the creation of the American Medical Association in the mid-19th century specifically to eliminate midwifery and abortion, for overtly racist and sexist reasons. Racism, sexism and guild monopolies all predate capitalism by millennia. |
@KFuentesGeorge @aral It would be silly to talk about "regulation" as if it were one thing. As I said, one issue in the US (among others!) is that we block immigrant doctors from working. Combined with the high price/low availability of med school in the US, and you get artificial scarcity of doctors.
But to answer your question, the biggest problem in the US is that insurance is private and contingent. We have millions of professionals earning well to feud over who should pay for what. Bad.