Reason of Why UK Healthcare is Expensive

There are lots of countries spending the share of economy in healthcare. There's Germany, France, Japan,  Canada, America and United Kingdom. Countries spending in each are private and public. Amazing United Kingdom’s government spending on health care on programs like Medicaid and Medicare and the VA our versions of socialized medicine it's about the same size as other countries. where the government runs the whole health care system and there's private spending it's the private insurance system that makes health care in United Kingdom so expensive. Conventional wisdom says “the government is more expensive than the private sector. Iit can't say no it's corrupt its inefficient it's slow if you want something done right you give it to the private sector that is what we hear in UK all the time and yet here we are with the biggest private sector spending the most, why is a free-market so bad by controlling the cost of health care in the United Kingdom. If your physician visits and hospital discharges you can get rid of one theory UK’s don't consume more health care than people in other countries. We don't go to the doctor more than the Germans or the Japanese. In fact we go to the doctor less the difference between us and them is it we pay every time. We go to the doctor for everything from an angioplasty to a hip replacement from a c-section to a pain reliever in UK. That’s why healthcare recruitment in uk are increase.

The price group same procedure at the same hospital. It varies enormously depending on who is footing the bill the price for someone with public insurance like Medicare or Medicaid is often the lowest price. These groups he covers so many people that the government can demand lower prices from hospitals and doctors andx they get those lower prices if the doctors in hospitals say you know there was a ton of business they lose all those people on Medicare all those people on Medicaid. But there are hundreds of private insurance companies and they each cover far fewer people than a Medicare or Medicaid and each one has to negotiate prices and hospitals and doctors are on their own and if you're uninsured you have you been less levered nobody is in to go she your behalf. So you end up paying the highest price one study found that most hospitals charge uninsured patients four times as much as Medicare patients for an ER visit other countries they don't have this problem instead of every private insurance company negotiating with every healthcare provider there's just this big list country.

The central government they go and they say if you want to sell to us to all of our people then here's what you can charge for a check up here's what you can charge for an MRI or a prescription for Lipitor. And so then whether that bill goes to the heavily regulated private insurance companies in Germany or directly to the government like in the UK each country is telling the doctor or hospital or drug company how much that bill will be. And because the government controls access to all of the customers it's an offer that hospitals and doctors and pharmaceutical companies typically can't refuse in UK the idea is that you'll be a consumer and you'll do what you do when you go to Best Buy and buy a television but that just doesn't work in healthcare doesn't work in healthcare because you often come and get health care when you're unconscious in an ambulance when you're scared when it's for your spouse or your child it is a time.

When you have the least bargaining power you are not usually capable of saying no you're not knowledgeable enough to do it you're not comfortable doing it or you're not conscious enough to do it that's why in other countries the government is a person. Who can say no for you can say no that's too expensive you're going to have to lower your price because they do have that power a new push for single-payer health care right here in the UK and others are saying maybe we should adopt the European model if we decided to create a single-payer system. There are recruitment agency London are working with one of these huge prices in the UK there'd be nothing to stop lobbying from hospitals from doctors from drug companies and those prices would get influenced, so we could end up with a single-payer system that is expensive even as expensive as our current system it all depends on how much you negotiate down the prices and now in UK these groups have so much power because they are so rich but it's really hard to get them to bring down the prices this is the irony of healthcare. It's so expensive that it's become hard to make it cheaper all that money they make that becomes political power and years and years and years of overpaying those are huge industries now and they have a lot of influence in Congress under a single-payer system if we did drive prices down doctors and hospitals they would be paid less in there right now that might mean some of them closed or some go out of business or some move it would be really painful one person's waste is another person's essential service or local hospital or their income but then single payer it's not an all-or-nothing choice for instance if there's a really interesting section of Bernie Sanders Medicare for all bill where you lays out this interim plan it's a plan he wants away setting up his new single-payer system and in that plan he expands Medicare to cover vision and dental and he opens it to nearly everyone not just people 65 and older all kids go on Medicare automatically and most adults can buy in that plan on its own it wouldn't get health care spending far down overnight but it would at least begin to recognize what we already know and what most of other countries already do that health care is one of those things the government can o cheaper and better than the private sector.

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Created on Mar 20th 2018 05:10. Viewed 344 times.

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