I’d like to add on this bit that people often miss:
In Canada, the healthcare system’s costs include salaries for healthcare workers, supplies, training, and other necessary costs
In the US, the healthcare system’s costs include all of the above, in addition to all of the parisitic layers. Just the insurance layer includes insurance shareholders, insurance executives, insurance overhead (marketing, admin, aggressive claims denial), lobbying, etc. Then there are similar costs from each of the private corporations that own the hospitals, the clinics, the ambulance services etc.
That is why the American system is much more expensive and much less efficient with the money. Since Canada’s system is still partially private and it never got fully actualized to the original vision (in part because of lobbying from the US), we have some of those inefficiencies too.
Now the thing is, a large segment of the working US population would not be able to afford healthcare because of these parasitic layers. The US government needs to enter this system to keep it afloat, but they have to pay the much higher costs.
So for an American, not only do their taxes ALSO go towards healthcare, but the US spends far more per capita on it. It changes year to year, but double the spending is what I’ve usually heard.
as if that was a bad thing? do you understand that’s how insurance is supposed to work? spread the cost, so nobody had to pay much, but in the relatively rare cases when care is needed, they can get it. but in for profit insurance it’s so that investors make money
Never said anything about anything being bad. No matter how the pay comes I still like a government agency setting a maximum on the cost of treatments and medical items. Even in a no insurance pure open market or in a completely socialized medicine state there’s no need for a hospital to have profits greater than a grocery store aka above 1% to 3%. Although profits in a socialized medicine state aren’t quite the same since the buyer and seller are the same entity, but doesn’t stop products or services being purchased at X and sold at Y on the books.
But it’s not slapped in the parents’ face right after they lost a loved one. “You’re never going to see your son grow up, cry at his wedding or have beers with his husband, but chin up: this bill is still cheaper than college.”
Government collects taxes, government pays for socialized medicine with taxes along with other things. Maybe government sets up a sovereign wealth fund with taxes and that fund does well which also helps pay for social care programs.
I mean I guess at some time in the past. I watched a pretty in depth video on Norway’s sovereign wealth fund last year I kinda remember. Generally the concept of a government and taxes isn’t too complex and is taught in school.
the second one, like in the rest of the world
I’d like to add on this bit that people often miss:
That is why the American system is much more expensive and much less efficient with the money. Since Canada’s system is still partially private and it never got fully actualized to the original vision (in part because of lobbying from the US), we have some of those inefficiencies too.
Now the thing is, a large segment of the working US population would not be able to afford healthcare because of these parasitic layers. The US government needs to enter this system to keep it afloat, but they have to pay the much higher costs.
So for an American, not only do their taxes ALSO go towards healthcare, but the US spends far more per capita on it. It changes year to year, but double the spending is what I’ve usually heard.
https://en.wikipedia.org/wiki/Comparison_of_the_healthcare_systems_in_Canada_and_the_United_States
Cut out the parasitic layers. The savvy businessmen among them can find some other industry to make a profit from.
Pretty sure the civilized world has the government pay whether or not the patient dies.
Most places don’t see sick people as walking sacks of money like we do here in the trash state of Murica
So just indirect payment via taxes then. So the bill still comes due.
as if that was a bad thing? do you understand that’s how insurance is supposed to work? spread the cost, so nobody had to pay much, but in the relatively rare cases when care is needed, they can get it. but in for profit insurance it’s so that investors make money
Never said anything about anything being bad. No matter how the pay comes I still like a government agency setting a maximum on the cost of treatments and medical items. Even in a no insurance pure open market or in a completely socialized medicine state there’s no need for a hospital to have profits greater than a grocery store aka above 1% to 3%. Although profits in a socialized medicine state aren’t quite the same since the buyer and seller are the same entity, but doesn’t stop products or services being purchased at X and sold at Y on the books.
Are you trolling, or are you genuinely that stupid?
cant it be both?
Good point
But it’s not slapped in the parents’ face right after they lost a loved one. “You’re never going to see your son grow up, cry at his wedding or have beers with his husband, but chin up: this bill is still cheaper than college.”
you clearly dont understand how taxes work. and no doubt how tarrifs work.
Government collects taxes, government pays for socialized medicine with taxes along with other things. Maybe government sets up a sovereign wealth fund with taxes and that fund does well which also helps pay for social care programs.
googling again i see
I mean I guess at some time in the past. I watched a pretty in depth video on Norway’s sovereign wealth fund last year I kinda remember. Generally the concept of a government and taxes isn’t too complex and is taught in school.