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How Much Could Medicare for All Save You?
By Rich Smith
The Motley Fool, July 21, 2013
But could it be that the ACA isn’t really needed at all? Could an alternative idea — “Medicare for all” — actually do a better job of controlling medical costs, and making health care affordable for Americans?
Harvard Medical School visiting professors David Himmelstein and Steffie Woolhandler recently noted on the pages of The New York Times that a Medicare-for-all
COMPARING healthcare systems is difficult. Some countries such as Britain and the Netherlands use one common system for the entire country. Others, such as Germany and the United States, rely more heavily on their federal structure and there are often large differences from region to region.
In a recent World Health Organisation health-care ranking, France came in first, while the Netherlands came 17th, the UK came 18th and Ireland 19th. Germany came in 25th while the US, scored 37th.
Simple Correlation of Total Healthcare spending verses Total Healthacre cost with graph.
These are UK figures. These are good as they have a standard delivery of care from cradle to grave therefore we can see that using direct comparison of healthcare delivery.
As you can see healthcare from for 65 -85 costs over 200% of the average and for above 85 it is over 500% of the average.
This explains so medicare costs
Malpractice Around the World
We will be featuring an upcoming series on health care in other countries that is pretty much going to dispel the myth that if it ain’t American it is socialized.
There are many ah ha moments here for how other countries handle their malpractice claims.
In the US, medical malpractice law traditionally has been under the authority of the states, not the federal government, as it is in many other countries.