Please give a cogent thesis on this nonsensical garbage you're spouting here.
This dichotomy of yours is priceless...a contradiction in terms that is nothing less than absurdly ridiculous.
Hey tiny AOC gives a brilliant answer about the lost cost of universal healthcare....what is her answer...DO TELL!!
https://www.youtube.com/watch?v=aG3zpRVKBE4
Originally Posted by bb1961
Yep, you and AOC both think money grows on trees. You want to go back to the good old days before Obamacare when we only paid 16% of GDP on health care. AOC wants to double down and expand Medicare to everyone, maybe run it up over 20%. Either way government health care (Medicare) bankrupts the country.
As to the "nonsensical garbage," I'll provide two examples.
Hong Kong has a bare bones socialized medical system, with government run hospitals, that provides universal health care. And it has a private system as well, so that people can pay to be treated by their own physicians and private hospitals if they wish. The health care system in Hong Kong costs about 6% of GDP, of which government pays about half.
Singapore has a system where everyone has a health savings account. Instead of an insurance company calling the shots, individuals make their own spending decisions. They have the incentive to shop around for the best price and best quality. Singapore spends about 4.5% of GDP on health care, of which about 30% is paid for by the government.
The USA spends about 17.3% of GDP on health care. About half of this, to be exact 8.5% of GDP, is paid by the government. As the population ages, the % paid by government will increase because of Medicare.
Life expectancy in Hong Kong is 84 years. It's 83 years in Singapore. In the USA it's 79 years.
I'd prefer we had the Singapore system, which injects more competition into the system than what the USA has. But Hong Kong, with a bare bones socialized system and a private system running side-by-side, might be better than what we have now.