Subject: Re: Reading tea leaves
A fun little fact about the US ("never socialism!") health care system is that the US government spends more per capita on public health care than the Canadian government does.
The then has a very large private system's costs on top of that.
Some numbers
US Healthcare Expenditures were $4.5B or $13,483 per person (2022)
Total $4500B $13,483
Feds 33% $1485B $ 4,449
State 15% $ 675B $ 2,022
--- ------ -------
48% $2160B $ 6,471
Of that roughly 50% is covered by the government (Fed and State)
The Canadian number I found was $8,740 CAD or roughly $6,351 (USD) - basically a wash.
https://www.cms.gov/data-resea....
My experience with both systems is that care is MUCH faster, MARGINALLY better, but WAY MORE expensive in the US. On another note, my sense is that there is a lot of demand for better care in Canada but its against the law to purchase private insurance or provide private services. If these restrictions were lifted the level of personal expenditures on health care in Canada would rise significantly.
tecmo
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