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recursivedoubts 4 hours ago

Daily reminder that the United States spends more public money per capita on healthcare than any other country and it's not close[1].

If you want to know what socialized healthcare in the US would look like, you are lookin' at it right now bub.

[1] - https://en.wikipedia.org/wiki/List_of_countries_by_total_hea...

jltsiren 3 hours ago | parent | next [-]

Daily reminder to always check data definitions before interpreting statistics.

According to the OECD data, US 2023 healthcare spending was 28% by the government, 55% by private health insurance, 11% out of pocket, and 5% from other sources. OECD lists all US private health insurance policies under the "compulsory health insurance" heading. Apparently because there is no clear separation between compulsory and voluntary insurance, and because employer-paid insurance is not truly voluntary when it exists. (Because there is usually no option to take cash instead.)

And then the chart you linked to combines compulsory insurance with government spending. Mostly because if compulsory health insurance exists in an OECD member state, it is usually legally mandated, regardless of whether it is provided by public or private entities.

hdgvhicv 3 hours ago | parent [-]

Total medical expense of any type per capita is far higher in the us - even as a percent of gdp - than anywhere else.

tt24 2 hours ago | parent | prev [-]

It is shocking to me that anyone still considers the US solution to be “too privatized” lol.

Healthcare and housing are simply too important to not allow the market alone to dictate.