Healthcare

"Insurance exists to cover events that are random, infrequent, catastrophic, & outside the control of the individual.

That’s Econ 101.

But here’s the rub: only 30% of medical events meet these criteria, yet >70% of healthcare costs are borne by insurance.

A hard question about rising U.S. health costs is whether we’re using the wrong instrument to pay for much of it."

~
@VivekGRamaswamy
 
Well, I’m no economist but it is interesting that the two countries (US and Switzerland) that spend the most on health care pay their doctors the most…by quite a bit.
 
Well, I’m no economist but it is interesting that the two countries (US and Switzerland) that spend the most on health care pay their doctors the most…by quite a bit.
Yes, which makes me think that National Socialist lefties will start assassinating DOCTORS next, for charging "too much"!

In Cuban leftist utopia, most doctors get paid very very little. I watched a docu several years ago, and the woman doctor lived in a tiny one story house and had to take the bus to work.


More than 12 thousand doctors leave Cuba's Public Health ...


CiberCuba
https://en.cibercuba.com › Present › Cuban doctors


Apr 5, 2024 — More of 12,000 doctors on the island left the Health SystemPublic of Cuba in 2022, in a context where the unfortunate crisis of the health ...
 
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