Earlier quoted context omitted.
The US and Canadian government spend the same amount per person on healthcare but Canada has universal health care. On average the US and Canadian healthcare systems provide vary similar outcomes on average. So, clearly more government involvement is an option. But, so is less the US could save a ridiculous amount of money if we could stop wasting it on end of life care that proves little to no benefit. Healthcare is…
> The US and Canadian government spend the same amount per person on healthcare but Canada has universal health care. As does the US, it just doesn't go by that name. Yes, there is free healthcare in the US. It isn't unlimited and you can buy better, but the same is true of Canada. However, I'll note that the US govt directly pays for about half of US healthcare (employees, etc.). If US govt healthcare will be so goo…
Because in the vast majority of cases the US government does not provide heath care it provides heath insurance. The only large scale government healthcare in the US is the VA which costs a lot less than the rest of the US healthcare system because they pay for the doctors directly and cut out a lot of middle men that drive up costs everywhere else in the US system. They also have more leverage when it comes to malpractice and doctor pay etc.
Now, your rhetorical idea that prices can drop 10% the first year and 10% the second would probably not be far off the mark. (Just compare VA costs with the average hospital etc.) But, in the end it's only going to save around 40% because until we see some real automation there is only so much costs you can cut before quality is impacted.