What is incredibly amazing is how much health care costs in the US. Government expenditures Per Capita are over twice of the nations like Canada, UK, Australia, and Japan. And most of this for medicare, for which only a fraction of the population is eligible.
And yet, this is not enough, and people need private health insurance.
Then you look at the prices of common medications, and most of them (mind you, a lot of them made in India or China) are sometimes ten times more expensive than the SAME medications in any other developed country and even more expensive for the same medications in Under Developed countries.
It looks like the invisible hand of markets is not working here. But at the same, the political process is also blind to the real issues.
And yet, this is not enough, and people need private health insurance. Then you look at the prices of common medications, and most of them (mind you, a lot of them made in India or China) are sometimes ten times more expensive than the SAME medications in any other developed country and even more expensive for the same medications in Under Developed countries.
It looks like the invisible hand of markets is not working here. But at the same, the political process is also blind to the real issues.