European and UK universal healthcare is able to exist in it’s current form and at it’s current cost because the US has private healthcare.
Healthcare Companies give heavy discounts to UK/EU to make extra money, they are fully funded by US payors and thus patients. If US healthcare went public and it ate into profits, and other countries run low on healthcare funds (the NHS, right now), private insurance or more likely, increased taxes, in those countries may be required. The NHS is already considering pay-to-play models.
Note: This is a simplification of lots of details around the international transactions and legislation.
Note 2: Before disagreeing, pick a pharma company and look at their annual report.
Note 3: Clarified form and cost based on an astute commenter below.
How Ukraine started the war, maybe. Perhaps practicing some reading of links that are informative on geopolitics and not the usual propaganda from Globalists.
European and UK universal healthcare is able to exist in it’s current form and at it’s current cost because the US has private healthcare.
Healthcare Companies give heavy discounts to UK/EU to make extra money, they are fully funded by US payors and thus patients. If US healthcare went public and it ate into profits, and other countries run low on healthcare funds (the NHS, right now), private insurance or more likely, increased taxes, in those countries may be required. The NHS is already considering pay-to-play models.
Note: This is a simplification of lots of details around the international transactions and legislation.
Note 2: Before disagreeing, pick a pharma company and look at their annual report.
Note 3: Clarified form and cost based on an astute commenter below.
I have never heard this before. What would be some good things to look up for more info?
@donkeyass@lemmy.sdf.org
How Ukraine started the war, maybe. Perhaps practicing some reading of links that are informative on geopolitics and not the usual propaganda from Globalists.