You’re confusing lack of money (USD the US government spends into creation) with actual health resources including educated doctors, nurses, hospitals etc.

Odd thing about doctors, nurses, and hospitals: They want to be paid. They don’t wish to offer their services gratis.

If you are arguing that there won’t be enough medical providers and hospitals etc available for American’s then that’s a very different argument that you don’t seem to be making.

It is in fact true that among OECD nations, the US has the fewest number of practitioners and hospital beds per capita. This is of course rectifiable over the long term, but not the short term. One does not say “hey, let’s build a new med school” on Monday and have it operational by the end of the week.

But what’s actually being discussed is the disparity between the cost of medical services and wage in the US. This article is a bit old, and doesn’t explain a lot (I’ll take a shot below) but it shows you the scope of the problem.

So, there are several reasons why prices are so high in the US. One of them, which Klein touches on, is that we are in effect subsidizing the rest of the world by allowing medical technology and pharmaceutical companies to recoup their R&D investments against our patient base; they can’t do that in other nations. So, if the US were to move to a Canadian/Aussie/UK or even Swiss style system here and actually CLAMP DOWN on prices, medical technology advances would slow — — worldwide.

So, if you’re outside the US, and you like all these new wonder drugs that keep getting released….you’re welcome. We’re paying for them. You’re not. You’re just reaping the benefits while you’re free-riding.

Another factor is practitioner compensation. My nephew is a physician in Sweden, to give one example. In Sweden, the physician is compensated at a decent rate that puts him into the upper middle class. He, and other physicians, will never be rich men like they are in the US. Here, they receive upper end compensation, and often form practices with other physicians so they can cut out the hospitals and sweep up all the profits from commonly performed procedures such as colonoscopies and plastic surgeries. Nurses as well are comped at rates that, to my knowledge, are substantially above rates in other nations.

(And this is a feature, not a bug. You WANT your best and brightest going into medicine, not financial services. It translates directly to quality of critical care.)

Another one? Each facility is a business unto itself. Thus, there is no sharing of patient information between health care providers. So, supposing you go to a doctor for the first time for a particular problem. The doctor needs blood work at least, and maybe something else, like an xray or a cat-scan. You say “oh, I just had that blood work done a month ago, at this other provider.” The doctor will order it done again, because it might take a month to get the results of the prior test from the other provider, who does not want to give up information on a patient to their competitor.

I could go on, but you get the drift. At the end of the day, prices for services here are well beyond what wage supports. Thus, to insure people against the need for those services is also well beyond what their wage supports. And the solution is not to force the taxpayer to underwrite that disparity; that is inflationary by nature; the solution is to address the drivers of that disparity and attempt to mitigate them.

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Data Driven Econophile. Muslim, USA born. Been “woke” 2x: 1st, when I realized the world isn’t fair; 2nd, when I realized the “woke” people are full of shit.

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