
Originally Posted by
Thondalar
Open competition would keep them in check. Something our Healthcare system has never had. Check out Singapore's system to see something that works. Yes, there is government oversight and some amount of price controls, but for the most part it's just open competition. They spend 3-4% of their GDP on healthcare, and yet have the best infant mortality rate and among the highest life expectancies from birth in the world. As a comparison, the US spends 17.2% of it's GDP on healthcare (by far the highest in the world), and ranks 50th in life expectancy.
It's typical of US domestic policy since the 70's or so...just throw more money at it!