Why is healthcare so expensive? No bullshit pls
Why is healthcare so expensive? No bullshit pls
>You have a novel life saving medicine?
>Here just go through our $1.5 billion regulatory process
>Oh you want to build a hospital there?
>Sorry the Rothstein medical center is within 50 miles of there, that's too much competition!
>t. Government
But Europe has arguably even more government involvement than the US and they don't have such massive costs
private healthcare has to take into account (((ROI)))
Lawsuits and insurance fraud
These are both correct. Rich people own medical corporations so they demand profit, and they own politicians so they make the entire market very anti-competitive which allows them to build monopolies on both treatments and facilities. It's the same thing with internet providers and even water/electric in some American counties. This is the exact definition of oligarchy.
Congrats for realizing how cucked the US healthcare system is.
The US pays MULTIPLE times more for most patented drugs than every other developed nation. Sometimes 500% more.
Unironically most burgers who defend the system don't realize that the US paying such exorbitant amounts is a big part of what allows pharma companies to charge other countries considerably less. All these anti-socialism burgers are actively encouraging a sort of global healthcare socialist model where they pay more so others can pay less.
It's fucking amazing really when you think about it.
Jews.
came here to say this
their whole existance is about getting your money
-Near zero regulation on drug pricing (even though a good amount of public funding goes to private companies for drug research)
-Medical supplies cost an arm and a leg because once again the government lets medical companies run free and do whatever the fuck they want
is a retard for thinking the testing process for making sure drugs are safe is why drugs are expensive. Look at the cost of insulin if you want to know how dumb he is to think this
People who profit from the system but add value to it
-Doctors
-Scientists
-Corporate bureaucrats in biotech (arguably)
-Biotech investors
-Biotech creditors
-Manufacturers of ip protected medical supplies that they developed
People who profit from the system while adding no value to it
-HMOs
-Their investors
-Their creditors
-The market for their financial products
-The brokers for their financial products
-Insurance companies
-Their investors
-Their creditors
-The market for their financial products
-The brokers for their financial products
-Manufacturers of non-ip protected medical supplies but who are doing so purely to make margins
If you want to trim the fat the place to start is logically with the people adding no value but still engaging in rent-seeking behavior. Notice how after the insurance companies the first people the politicians go after is biotech though? It's because the rest of them are invisible to the average voter and have powerful lobbies.
low taxes
Don't forget the ghouls known as pharmacy benefit managers
Because democrats are fucking retarded.
>Make everyone required to have insurance
>Set price floors based on limited ceilings
>Insurers can't compete across state lines
>Despite all this bullshit do absolutely nothing to regulate medical costs in hospitals
Before 2008 I had a job at McDonald's and had better insurance than I did at my first out of college job in 2013...
>Near zero regulation...
Stop right there. Large medical corporations and large doctors groups fucking write all the massive amounts of regulation in order to inflate prices and lock out competitors. Why are nurse practitioners not allowed to deliver primary care without parking under a dictor? Doctors groups lobbied for it. Medical prices will fall if competition is allowed and insurance goes back to covering only rare and catastrophic circumstances and all other medical expenses are paid in cash/credit by the consumer without government funding. Can't pay? Seek charity treatment, hopefully you aren't a massive piece of shit nobody wants to help. This is the same process that makes your flat screen TV fall in price over time, laws of economics are not suspended just because the product is medical care rather than food or consumer electronics.
Europe rations, America doesn't. We just pay more and more and more rather than setting a budget.
Money is a means to an end. They want power over the goyim
>why is healthcare expensive
>why is college expensive
why is government the problem
read
>>why is college expensive
>why is government the problem
Government hasn't had a hand in the absurd raise in private college pricing
AMA and other organizations are peak rent seeking and restrict labor to keep wages high.
If the AMA had their way, nurses and PAs still couldn't prescribe anything, and getting a $0.05 antibiotic would cost $300.
US government in involved in healthcare to the tune of $1+ trillion dollars a year plus massive regulatory bureaucracy, and military "healthcare system", combined it is by far the largest on planet earth by an order of magnitude. Of it's many components, the parts directly operated by the government work the worst.
"public expenditure"
man, what a term
WAT
Government loan subsidies are directly causal to tuition hikes. Without government guarantees, not a single bank would risk loaning to students for worthless degrees and colleges would have to severely cut tuition and administrative bloat that has sucked up virtually all that excess money.
>Without government guarantees, not a single bank would risk loaning to students for worthless degrees
I think you're putting the cart before horse here. If weren't for loan subsidies then a "worthless" degree wouldn't be so worthless. Fewer people would have attended college, and the tuition would be astronomically lower.
I have a history degree, $40,000 in student debt, and earn about $40,000 at my current job. 40k/yr salary right out of college used to be considered decent, but now if you aren't 80k you're considered a failure. And back when 40k was a decent salary, college wouldn't have cost 40k either.
Semantics. Colleges would have been unable to raise tuition far in excess of the rate of inflation without government loan backing and artificiality low interest rates.
Tuition started it's stratospheric rise right after government loan intervention.
It's because burgerland is this fucked up frankenstein of rampant capitalist private healthcare and huge federal funding systems. Because of the left/right polarization the only solutions that gain any traction are half-way steps that try to combine the two and fail to work effectively.
One such example is that despite the US healthcare industry being so large, it's made up of thousands of individual buyers with little leverage. Meanwhile, the NHS is the world's single largest buyer of pharmaceuticals by a mile. That gives huge purchasing power to get discounts and results in the Brits paying far less than the burgers for drugs.
Half-way solutions to fix that don't work though as they counteract muh free market competition, so burgers end up being stuck with endless billions of wasted dollars.
>insurance companies profit a couple percent
>doctors profit 300%
>let's go after the insurance companies first
Peak brainlet leftypol
>it's made up of thousands of individual buyers with little leverage
This is how every market works. Except healthcare of course, where it is next to impossible buy healthcare as a product because of government intervention. This is exactly why both elective surgery and veterinary services are so much cheaper per procedure and more readily available compared to regular healthcare, no goverenment subsidy and far less regulatory burden.
It's not really semantics though. Universities are supposed to be where you go to learn more in depth about a subject that interests you. This idea that college is some kinda job-training facility is exactly why we are in the current situation. Go ask all the rich boomers what they studied in college, and I guarantee most of them arent gonna say STEM. Tons of boomers went to liberal arts and got decent jobs because college was understood to be more than a job certificate.
If business or engineering is what you're passionate about then by all means study it, but decrying everyone else as worthless is just shallow. I wanted to study history professionally, and still hope to do so one day when I can afford a PhD. It's not the fault of the students if they want to learn more about something.
FUCK government regulation of healthcare
buying healthcare isn't like buying a TV or a burger, it's incredibly complicated and 99% of the general population has no information other than what is being told to them by the people it's being sold by
imagine you're buying a TV and the only information you can get is from the manufacturer (you can't read reviews because you don't know anything about medicine), and you can't walk away from the bargaining table since you need this healthcare (otherwise you'll suffer and die), does that sound like a free market to you?
and this doesn't even mention how complicated it is for people who are unconscious from an accident, how the fuck are they supposed to bargain for the correct procedure?
take your neoliberal ass and fuck off