I preface with the fact that I am capitalist. Lean more red than blue. My thought process is different from what most who push this idea. I believe universal health care would help regulate the price gouging. I believe healthcare in general is over inflated, from the cost of insurance to the services down to the paid wages. Healthcare workers are overpaid.
https://www.jobted.com/salary#:~:text=According%20to%20the%20latest%20data,40%2Dhour%20work%20week).
Vs overall wage. Unintentionally looking for overall wage this source even shows you the disparity.
Healthcare is a prime example of Greed. And abusive of its power. establishments are willing to pay workers this much because they are also making hand over fist. There’s also the question of when does non profit become for profit. Yes the service provides value sometimes life and death for customers. Healthcare is one of the most susceptible fraud industry.
Military for instance risk their own lives and are paid peanuts “Serve their country”
(I am NOT in military)
Yes quality of healthcare might go down. You see common medicines abroad that are the same at much cheaper prices. I believe small introduction of cost regulation and stricter policy would have a positive boost to the overall economy more than it would take away
by Jackson_Ave
6 comments
Healthcare workers get paid for skills, education, and the time spent working. 2/3 of healthcare costs are admin. Its not the real healthcare workers that are overpaid. Its the amount of admins, clerics, and other with an inflated salary. These are the people driving costs up with duties to do so compared to actual patient care.
Also you annotation of military is incorrect. As the military provides healthcare, housing, food. But even so you can see now the recruitment numbers have plunged and there will be major changes to get people in.
I just dont believe your argument is an educated argument from anyone that has experience or knowledge in either fields.
Universal healthcare would of course save money https://www.citizen.org/news/fact-check-medicare-for-all-would-save-the-u-s-trillions-public-option-would-leave-millions-uninsured-not-garner-savings/
, the problem is the saving money would come at the expense of all the companies making fat profits in the current US healthcare system.
For example under universal healthcare the government would dictate or at least negotiate prices for all drugs and medical services. . This would be a massive profit killer form current drug and medical services providers.
Case in point, recently the Biden administration permitted Medicare (basically seniors universal healthcare) to negotiate on a relatively small set of costly drugs, the pharmaceutical industry immediately went into an uproar because it would threaten many of their bottom lines..
All this to say , too many folks all up and down the US healthcare (big pharma, hospotals, labs, medical imaging, diagnostics, medical devices etc.) would lose lucrative income, ironically it’s not the actual providers who offer the life saving work (doctors, nurses , techs) that are the costliest part of the system it’s all the layers of greedy corporate middlemen …
Health-care costs in the United States were super-low until Medicare and Medicaid happened. As the Federal government has gotten more and more involved in health care, costs have shot up exponentially and quality of service has decreased.
But I’m sure that this is all a coincidence and the real explanation is that greed didn’t exist until 1965.
Universal healthcare has two advantages.
It is good for society to avoid having a large segment of the community who cannot afford healthcare. I understand about a third of US adults are not insured.
In a system where effective patents mean that drugs and medical devices are generally sold by only one company, the supplier has easy access to monopoly profits. Look at the increase in value of pharma companies over the last few years as better, more expensive, drugs have been developed. In countries with Universal healthcare there is typically one major customer, the government. If the pharma companies can’t justify their price, there is no buyer.
This absolutely works, but never ask an American pharma company whether they think it is a good idea. They’ve spent decades oiling the wheels of their system.
I live in Australia which has one buyer and much lower drug prices to the government, with subsidised retail prices, further reducing the impact on consumers. The prices paid by the government to the companies are not disclosed, to avoid upsetting the international apple cart, but the pharma companies are still very profitable.
Curious; why do you lean Republican, and will you vote for Trump in 2024?
The US pays more for healthcare than the rest of the industrialized world, and gets worse outcomes https://news.harvard.edu/gazette/story/2018/03/u-s-pays-more-for-health-care-with-worse-population-health-outcomes/
Medicare for all saves money https://thehill.com/blogs/congress-blog/healthcare/484301-22-studies-agree-medicare-for-all-saves-money/
70% of Americans support Medicare for all, but the private health insurance parasites have lobbyists, and the Republicans and corporate Democrats take their money https://thehill.com/policy/healthcare/403248-poll-seventy-percent-of-americans-support-medicare-for-all/
There are plenty of ways to improve healthcare. Universal Healthcare regularly costs less and provides better outcomes.
Healthcare workers ***are NOT*** overpaid. Many admins are overpaid and plenty of people are underpaid in bullshit jobs that don’t need to be there (clerical/legal).