Hi, Shrewd!        Login  
Shrewd'm.com 
A merry & shrewd investing community
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd
Search
Shrewd'm.com Merry shrewd investors
Search
Best Of PoliticsBest OfAll BoardsThe Shrewd’m WeeklyLearn to InvestHow to Become Shrewd


The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
Answer this questionContinue to Shrewd'mThis note won't appear again
Halls of Shrewd'm / US Policy
Unthreaded | Threaded | Whole Thread (97) |
Author: albaby1 ✶❂🐝 GOLD
SHREWD
  😊 😞

Number: of 86268 
Subject: Re: Medicare Buy-In
Date: 08/19/26 10:23 AM
Post New | Post Reply | Report Post | Recommend It!
No. of Recommendations: 8
Then how did the other 31 of the 32 developed nations manage to pass it? Some democracies, some not. Some with strong unions, some not. Some with historically strong economic sectors, some not.

Clearly there’s a way it happens. Why can’t we find the path?


Three reasons. First, and most important, because they all did it when their healthcare sectors were small. I asked AI to put together a list of all the OECD countries, the year they established their system, and the relative size of the health care sector at the time. Generally, they all made the change when the health care sector was 5% or smaller of the national economy. That allowed the state to pay for the system using the monopsony power to keep provider compensation low enough to make this politically possible. None were anywhere close to the size of the U.S. system.

Second, nearly all of those countries are parliamentary systems, which simply present fewer "veto" points for passing significant legislation. Whoever wins the House of Commons (or analogous lower house) gets to form the government.

Third, most of those countries adopted their programs a while ago, under structural characteristics of the political process very different from those that exist in the U.S. today. They lacked the characteristics that make it possible for special interests (which unions, doctors, and retirees are - as well as the evil insurance companies and nasty pharmaceutical firms) to effectively express the elections intensity of their political preferences. A good chunk of them were adopted prior to the big role of television in elections, of course. But all of those countries have small electoral districts and strict rules on campaigns that simply don't exist in the U.S. national system.

Country		Universal Health Care Establishment Year	Health Care Sector (% of GDP in/around Establishment Year)
Costa Rica 1941 ~2.5% (1940s estimate)
France 1945 (Securité Sociale) ~3.0% (1950 estimate)
Chile 1952 (FONASA predecessor) ~3.0% (1950s estimate)
Japan 1961 ~3.0% (1961)
Germany 1883 (Bismarck worker system) / Universal 2009 ~3.0% (early 20th c.) / ~10.5% (2009)
Norway 1912 (Subsidized) / 1956 (Comprehensive) ~3.2% (1960)
Belgium 1945 (Compulsory social insurance) ~3.5% (1950s estimate)
Iceland 1946 ~3.5% (1950s estimate)
United Kingdom 1948 (National Health Service) ~3.8% (1948)
Luxembourg 1901 / Universal coverage formalized ~4.0% (1970s)
Korea 1989 ~4.0% (1989)
Latvia 1991 ~4.0% (1991)
New Zealand 1938 (Social Security Act) ~4.2% (1950 data)
Lithuania 1992 ~4.2% (1992)
Sweden 1955 (Compulsory national insurance) ~4.5% (1960)
Austria 1967 ~4.8% (1970)
Greece 1983 (National Health System) ~4.8% (1983)
Portugal 1979 (Constitution/NHS) ~5.0% (1979)
Czech Republic 1920 / 1992 (Reformed) ~5.0% (1990s)
Estonia 1992 ~5.0% (1992)
Slovak Republic 1992 ~5.0% (1992)
Colombia 1993 (Law 100) ~5.0% (1993)
Poland 1999 ~5.0% (1999)
Mexico Near-universal target via 2003 Seguro Popular ~5.0% (2003)
Australia 1975 (Medibank) / 1984 (Medicare) ~5.5% - 6.0% (1975/1980s)
Finland 1972 (Primary Health Care Act) ~5.5% (1972)
Spain 1986 (General Health Act) ~5.5% (1986)
Hungary 1990 (Constitutional universal access) ~5.5% (1990)
Türkiye 2003 (Health Transformation Program) ~5.5% (2003)
Ireland 1970 (Health Act) ~5.6% (1970)
Canada 1961-1971 (Phased via Hospital/Medical Acts) ~5.7% (1961) / ~7.2% (1971)
Italy 1978 (Servizio Sanitario Nazionale) ~5.8% (1978)
Denmark 1973 ~6.3% (1973)
Slovenia 1992 ~6.5% (1992)
Israel 1995 (National Health Insurance Law) ~7.5% (1995)
Netherlands 1941 (Order) / 2006 (Major reform) ~8.9% (2006)
Switzerland 1994 (LAMal passed, eff. 1996) ~9.0% (1996)


Post New | Post Reply | Report Post | Recommend It!
Print the post
Members reply directly to albaby1 here — and replies get answered. Reading is free; so is joining the conversation. Join Shrewd'm »
This community has written 86,214 posts about US Policy. The article-length ones it recommended most:
It's going to get worse · 33 recs · 2025
G’day Donny · 30 recs · 2026
Old Related Story · 28 recs · 2026
HCR is a national treasure · 27 recs · 2025
Fascism in America · 27 recs · 2025
Unthreaded | Threaded | Whole Thread (97) |


Announcements
US Policy FAQ
Contact Shrewd'm
Contact the developer of these message boards.

Best Of Politics | Best Of | Favourites & Replies | All Boards | Followed Shrewds | Open Questions | Moving a community