Is the US system of health insurance just socialized healthcare with less bargaining power? Is there any real advantage to it?

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Is the US system of health insurance just socialized healthcare with less bargaining power? Is there any real advantage to it?

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Anonymous 0 Comments

Is there any advantage to what? The (current) version of the US healthcare system? Yes. New drugs are expensive to make, most do not make it to market. In the United States the ability to actually make a profit on a new pharmaceutical allows for innovation that would not appear without such a motive because the sunk costs are too high.

Allowing physicians to make more money by seeing more patients, or by offering better services or amenities means that consumers get more choices.

The population of Canada is about 38million, the population of Tennessee is about 6.7 million. There are more MRI machines in Tennessee than there are in all of Canada. In my small state if I go to my doctor in the morning, like the first hour they are open, and he prescribes an MRI, if I am willing to make 4 phone calls, there is a high liklihood that I can have that MRI done that same day.

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