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by pessimist
616 days ago
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This analysis in the end doesn't show what it claims to show and actually proves the reverse - US Health care spending is much larger than other countries, it eats up significant fraction of productivity gains in other sectors (rises faster than income as shown by the 1.8 slope in the very first graph), and does not lead to better health outcomes. It actually proves we would be better off if we spent less and focused on lifestyle. |
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The thing is that in USA (and Canada) radiologist compensation went from 300k/yer to 500k/year over the last 10 yeas. It's the same radiologist. While spending is growing quantity of doctor per population is diminishing.
In USA/Canada there is cartel enforced cap on how many new doctors can be minted per year, and this cap is not even scaling up with the population growth.