Lower pay for medical workers, esp. doctors, regulation of drug prices, usually fewer medical scanners, in a number of cases rationing by queue instead of price, lower auto accident and overall accident rates, lower total wealth in most cases (premium health care is in economic terms a luxury good, as you get richer you pay more for it), when private insurance is allowed it doesn't face the requirements for very extensive coverage that if often faces in the US (look at the cost of health insurance in New York State for an extreme version of this idea)...
You take a bunch of factors that may apply in one market but don't in others... and ignore other factors that are counter your argument. You use terms like "usually", "in a number of cases", "most cases". Frankly, give or take a bit (unmeasurable), all those factors balance out. Again, we are talking about a 100% difference in cost. |
