| Canadians don’t get the same care as Americans. McKinsey did a nice analysis of what is driving US healthcare costs. It compares category spending to OECD then compared price and volume. Turns out the US pays a bit more for drugs (relative to total spend), a little more for inpatient care and a TON more for outpatient care but half of the increase is volume, not price. As someone who works in healthcare globally, the difference in US care is stark. Americans get much early and more access to new technology than other countries. If your lymphoma has returned and you have a 20% of living more than a few years the best care is CAR-T with cure rates close to 60%. Check out CAR-T rates in the US versus Europe, it’s almost 3x. The US started using it in 2014 and Singapore just started paying for last year (11 years later). Even in Europe adopt only ramped up in the last 5 years. So yes prices are higher, but a big part is more aggressive care with more expensive treatment. |
Life expectancy shows that while the US is the best place to have stage 4 cancer, it's probably not the best place overall. Most places do the 80/20 stuff better.
But yeah, you are right that the US does some stuff well. Just not efficiently.