This is jibber-jabber and you haven't even hit the bourbon yet.
- supply and demand is the reason we're spending so much? 'Splain that? Are you saying the demand for healthcare is high, but we are in low supply of healthcare? Do other countries just have less demand and more supply then?
- And do other countries not have newer/more healthcare solutions or are other countries still ignoring things?
- Spending "so much" is a sign of success? Only if you are getting massive returns, which we aren't. What school of business did you go to?
I think you have zero clue why healthcare is so expensive in the US.
Huh? What does "relatively unrestricted" have to do with the fact that you can get better overall healthcare outcomes via less spending in other countries?
I guess it's fair for you to call everything you don't understand jibber-jabber. After all, everything you say is jibber-jabber to your dog. Think about
that jibber-jabber for a minute.
In reality, you can't explain something to someone who refuses to understand, even something as simple as supply and demand. People have been spending more and more on healthcare over time...
https://www.healthsystemtracker.org...health-services-spending-by-quarter-2010-2019
"Health spending totaled $74.6 billion in 1970. By 2000, health expenditures had reached about $1.4 trillion, and in 2018 the amount spent on health had more than doubled to $3.6 trillion. Total health expenditures represent the amount spent on healthcare and health-related activities (such as administration of insurance, health research, and public health), including expenditures from both public and private funds."
"On a per capita basis, health spending has increased over 31-fold in the last four decades, from $355 per person in 1970 to $11,172 in 2018. In constant 2018 dollars, the increase was about 6-fold, from $1,832 In 1970 to $11,172 in 2018."
we are demanding more and more in terms of healthcare, and there is more and more healthcare to be had, in terms of newer drugs and treatments. You don't have to have a glut of healthcare provision to keep spending and prices from rising, falling demand accomplishes the same thing. But demand is not falling, and supply is just keeping up. If supply just keeps up with demand, and demand keeps increasing, demand keeps driving prices and spending upward.
So now compare us to other countries...
https://www.healthsystemtracker.org...ending-growth-slowed-u-s-comparable-countries
"As would be expected, wealthy countries like the U.S., tend to spend more per person on health care and related expenses than lower income countries. However, even as a high income country, the U.S. spends more per person on health than comparable countries. Health spending per person in the U.S. was $10,224 in 2017, which was 28% higher than Switzerland, the next highest per capita spender."
https://www.commonwealthfund.org/pu...20/jan/us-health-care-global-perspective-2019
"
- The U.S. spends more on health care as a share of the economy — nearly twice as much as the average OECD country — yet has the lowest life expectancy and highest suicide rates among the 11 nations.
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- The U.S. has the highest chronic disease burden and an obesity rate that is two times higher than the OECD average.
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- Americans had fewer physician visits than peers in most countries, which may be related to a low supply of physicians in the U.S.
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- Americans use some expensive technologies, such as MRIs, and specialized procedures, such as hip replacements, more often than our peers.
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- The U.S. outperforms its peers in terms of preventive measures — it has the one of the highest rates of breast cancer screening among women ages 50 to 69 and the second-highest rate (after the U.K.) of flu vaccinations among people age 65 and older.
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- Compared to peer nations, the U.S. has among the highest number of hospitalizations from preventable causes and the highest rate of avoidable deaths.
It looks to me like our lifestyles contribute to the comparatively poor outcomes some of us keep moaning about. But that's irrelevant to those who think I should support and reward those lifestyles.
Also, it should be no surprise that the demand in the U.S. drives the development of new drugs and treatments and technologies. It should also be no surprise that those developments find their way into the systems of foreign countries. In other words, to a real extent and in a real way, we are subsidizing their systems.
"Spending "so much" is a sign of success? Only if you are getting massive returns, which we aren't. What school of business did you go to?"
LOL massive returns? Investing in healthcare is an investment in health. What sort of massive return do you expect from a visit to the doctor, and where did you get your business acumen from? As one of the links indicates, a wealthier country would be expected to spend more on health. How fvcking hard is that to understand? How does that not tell you that we are more financially successful and can therefor spend more on health?