Why? Why would we fight to keep paying so much more?
Courtesy of Salon:
The cost of administering health care in the United States costs four times as much as it does in Canada, which has had a single-payer system for nearly 60 years, according to a new study.
The average American pays a whopping $2,497 per year in administrative costs — which fund insurer overhead and salaries of administrative workers as well as executive pay packages and growing profits — compared to $551 per person per year in Canada, according to a study published in the Annals of Internal Medicine last month. The study estimated that cutting administrative costs to Canadian levels could save more than $600 billion per year.
The data contradicts claims by opponents of single-payer health care systems, who have argued that private programs are more efficient than government-run health care. The debate over the feasibility of a single-payer health care has dominated the Democratic presidential race, where candidates like Sen. Bernie Sanders, I-Vt., and Sen. Elizabeth Warren, D-Mass., advocate for a system similar to Canada’s while moderates like former Vice President Joe Biden and former South Bend, Indiana Mayor Pete Buttigieg have warned against scrapping private health care plans entirely.
Canada had administrative costs similar to those in the United States before it switched to a single-payer system in 1962, according to the study’s authors, who are researchers at Harvard Medical School, the City University of New York at Hunter College, and the University of Ottawa. But by 1999, administrative costs accounted for 31% of American health care expenses, compared to less than 17% in Canada.
The costs have continued to increase since 1999. The study found that American insurers and care providers spent a total of $812 billion on administrative costs in 2017, more than 34% of all health care costs that year. The largest contributor to the massive price tag was insurance overhead costs, which totaled more than $275 billion in 2017.
This is just insane.
I continue to be amazed at how many idiots still manage to convince themselves that America has the best health care in the world.
My question to them would be “For who?”
If you are extremely wealthy and can afford the best doctors and the most expensive medications, then that statement might be accurate.
But if you are struggling in the middle class with employer provided health insurance your choices are significantly less impressive.
You might indeed get quality health care, but it will NOT be superior to the healtch care you get in Canada, Britain, France, or Germany.
And you will also typically have to pay a $1,000 to $5,000 deductible, while the people in those other nations pay either nothing out of pocket, or only a nominal amount.
For the record WE DO NOT have the best health care in the world, and the people who are telling us that we do are paid to say that by health industry and health insurance lobbyists.
It is time to stop being fucking idiots, and embrace the future.