Steve54 Wrote:
Feb 24, 2013 8:01 AM
The real reasons the US system is more costly per capita are: 1) out of control law suits, creating high legal premiums for doctors that a) motivate reams of unnecessary tests and treatments, and b) costs for both, which are added to medical service bills 2) more expensive drugs, since there isn't the same degree of bulk buying, and because the US wisely allows companies a decent return on investment so that they can develop more pharmaceuticals 3) richer people will pay for private hospital rooms and other benefits not available in public systems 4) very little competition between public and private providers, unlike in Europe/Japan's mixed public/private medical systems (and why their system is better than Canada's mainly public one)