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If the cost of healthcare keeps rising, what makes you think everyone will gravitate towards it?
The current national health care system is nearly worthless. The massive profits by funds and doctors is staggering. Have a glance at current health care rates for an average family. Most cannot afford it.
I don't know when but someday there will be a total care and it will be funded by the government and levies etc. For health funds to maintain higher charges from doctors and private hospitals, it must increase charges or continue to decline claims because they can. They won't sacrifice one dollar for one life. Never.
Ultimately a market is determined by the amount of demand, we both agree. If individuals cannot pay for a service and the government is refusing to pay for it, then the service must change or limit. This is what I feel will most likely happen. You will see a "lower end" healthcare service develop with less intervention and older therapies at a lower cost. It will be better for people with less severe issues but far worse for people with more severe issues. You will see a reluctance continue to develop at the government level to continue to pay for CABGs and cranial surgery for elderly patients. Similarly you will see limited care for newborns. Eventually healthcare becomes a function of economics really. You don't invest $1MM of public money into repairing an 80 year old or an 8 week old. There is limited economic benefit in either situation. The problem I have is that people on the left think we have unlimited resources when in reality we have to decide how to best use the limited resources we have. The primary reason why healthcare is so expensive, imo, is that we have all the development cost being born by a small percentage of the global end user base combined with a relatively few number of "lost causes" consuming vast amounts of healthcare dollars for minimal results.
The idea that doctors are massively profiting is grossly ignorant. Let me give you my background a moment. I am a mid 40's retired american. My wife retired as a physician (sub specialty surgeon) shortly after we married ~10 years ago. I worked in finance (private equity) with a specialty in healthcare and retired a few years ago. So this is solidly my wheelhouse. If someone asks me about their kid going to medical school here is my response, "don't". It is a terrible deal frankly. Spend 12 years of your life along with $400,000 for an education that will eventually entitle you to make $300k/yr in exchange for 60-80 hour work weeks and extremely high stress. That is a horrific return on investment and career path. Someone smart enough to be a physician can do many other things and make similar amounts of money with less stress, less hours, less education, less educational cost, and ignoring the opportunity cost of the time. In the US at least the average physician is making ~$240-260k or thereabouts when you weight it out by specialty. Want the best example? The match program for neurosurgery and CT surgery are failing year after year. That means residency programs can't *find* enough medical students who want to become heart and brain surgeons. Why? It is a grueling, thankless, shitty job. Sure they make $500-700k a year, but you are absolutely shortening your life from work load and stress. Kids learned to avoid that. Instead the highest demand residency slots? Dermatology.
Hell, just look at reimbursement. If you look at physician reimbursement for the same procedure 20 years ago and compared it to today, you realize that they are largely flat, right? I am talking nominally flat. That means adjusted for inflation they are down ~35-40%. Want to know why physicians are usually assholes to patients? There it is. They are getting paid less each year for more work and more liability.
The idea that the government will be *able* to provide cadillac healthcare to everyone is simply comical, it isn't in the cards. I did my thesis on healthcare economics and universal care systems around the world.
Edit: Not trying to be a jerk to you, I get frustrated when I see people mention how easy the solution is when in reality I think healthcare economics is probably the most difficult economic scenario in the world right now and specifically the US. The solutions aren't easy and fixing one problem creates two others regardless of your ideological point of view. The fundamental problem is that the healthcare system of the last 40 years has demanded more and more from the people in the system while shoveling more money into development of therapies, but the underlying failure of the system is the patients themselves. You can't provide enough resources to keep a population healthy that is largely intent on killing themselves with poor choices.
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