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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: KyrosL who wrote (17365)2/15/2004 1:47:23 PM
From: GraceZRead Replies (2) of 306849
 
How does this statement of yours:

We spend 15% of GDP on health care. Almost all the other industrialized countries spend less than 10%. At the same time our life expectancy is on the average at least a year less than the other industrialized countries, and our infant mortality 50% more.

Prove this statement wrong?

We aren't losing jobs to these other countries which have more extensive health coverage picked up by the tax payers (it's amazing what you can afford when you don't pay for your own military defense) we're losing jobs to countries which have a far lower standard of health care and consequently lower over all labor cost than we do.

Are we losing jobs to the EU? The EU is losing jobs to the same people we are and it is to those countries which have little or no health care, far less than we do as well as far less than the EU. Maybe it's too much health care which is killing us, people depending on the advances of medicine to bail them out of a lifetime of poor choices.

Finally, in study after study, I read that our health care bureaucracy (primarily private health insurance bureaucracy) wastes at least twice as much as other countries.

If you are saying that insurance adds inefficiencies I agree with you, people would be far better off paying for their health care directly as they did in the old days. I don't agree with you if you think a government bureaucracy is a more efficient way to deliver health care. It always results in fewer choices and decline in overall care. Just ask the people wait listed in Canada for cardiac catheterization. In country after country with socialized medicine private care has sprung up to fill the gaps which get wider and wider in time.
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