Is the US system of health insurance just socialized healthcare with less bargaining power? Is there any real advantage to it?
In: 3
The “advantage” is it gives your employer a huge amount of power over you and gets insurance companies rich.
Recently there was a graph on Reddit showing the correlation between healthcare spending and life expectancy between different countries. The USA was a huge outlier with high spending and low life expectancy. There is a huge difference between the best medical care existing in the US and people getting the best medical care.
I wouldn’t say it’s socialized, no. First it’s for profit. Secondly there isn’t equal access. One part of the original ACA (aka Obamacare) was to prevent insurance companies from charging more for preexisting conditions but that got scrapped or weakened.
I see your point though, that if everyone is paying for it out of their paychecks, then isn’t that basically the same as a tax.
Latest Answers