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0 pointsjrochkind13y ago0 comments

I am not sure, and I'm not saying this is the WHOLE problem (in fact I am confident it is not), but... in 2017 (first hit I got googling) 7.9% of all healthcare expenditure in the USA ($275 billion) went to insurance overhead, vs 2.8% in Canada.

But yeah, in general, this is a problem (healthcare in general, healthcare expenses, nurse job experience) where almost all other countries with similar wealth are doing so much better than us, it shouldn't be that mysterious to solve it, right? It's not like, who knows if it's even possible to do better! Like, we know it is... figuring out what the difference between them and us isn't trivial, but it should be easier than something there isn't a model for.

The most obvious difference would seem to be how insurance (and universal coverage thereof) is handled.

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orwin3y ago

In France, 18% to 22% of the money given to our public insurance is used for administrative stuff, which i thought was a lot. Then I learned that 31% of what my company pays for my private insurance is used for administrative purpose. So either private companies are way less efficient than public service, or i should immediately buy shares from Swisslife and others.

Guess what my first major investment was?

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0 pointsjrochkind13y ago0 comments

The most obvious difference would seem to be how insurance (and universal coverage thereof) is handled.

0 comments

orwin3y ago

Guess what my first major investment was?

j / k navigate · click thread line to collapse