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by LordDragonfang
1144 days ago
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If the US healthcare market isn't capitalist, then no country's healthcare system is. It's rare to find a way to "no true Scotsman" as hard as communists, but you've managed it. But to address your point: contrary to what you're implying, Medicare spending is actually lower on average relative to spending on 65+'s in other countries; in e.g. the NHS, they're 18% of the population and 40% of the spending[1]. i.e. per-person spending is much higher in retirees. Contrast this with the US where per-medicare-enrollee spending (13k) is almost the same as the average spending (12.5k), because the non-socialized (capitalist) part of the market pays so much more than in other developed countries, that it doesn't bring down the average despite the younger cohorts having many fewer health problems. [1] https://www.theguardian.com/society/2016/feb/01/ageing-brita... |
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Yes.
That said, developing countries are most likely to have one. If the government caps the number of doctors and hospitals in the country, like the US does with residencies and certificate of need laws, it's not very market-driven.