U.S. healthcare system broken, needs fixing
“Congressional critics must abandon their futile efforts to repeal Obamacare and focus on improving it.
“Their core premise that greater government involvement in healthcare provision spells disaster lacks support in the wealth of evidence from around the world.
“The truth appears closer to the reverse, because of pervasive market failures in private healthcare markets.” — (Robert Frank, Graduate School of Management, Cornell University)
US healthcare costs (roughly $8,000 per person) are much higher, even twice as high, as costs in other developed nations. Most other countries have tried to avoid rather than imitate the core principles of US healthcare.
Among other objections, they realize that free-market competition alone cannot adequately regulate costs.
ALL the other wealthy nations (over 30) have greater government involvement in healthcare.
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