The same 2017 survey found 27 percent skipping medical treatments because they can’t afford them.
In the end, I suspect that medical costs driven to astronomical levels by retirees is what will do the most financial damage to millennials.
The same 2017 survey found 27 percent skipping medical treatments because they can’t afford them.
In the end, I suspect that medical costs driven to astronomical levels by retirees is what will do the most financial damage to millennials.
Provides ripe opportunity for jacking up health care costs on age 50+ ailments/treatments.
None of them allow private companies to dictate drug and procedure prices.
The US dedicates 50% more of it's GDP to healthcare than Japan does, despite having more favorable demographics for need of services by age. (see fig 2 [1])
[1] https://www.oecd.org/els/health-systems/Country-Note-JAPAN-O...
Where is there a single instance of a working healthcare system with fully deregulated healthcare? The free market solution is not a panacea for all kinds for all markets - particularly ones where there are inherent limiting information and choice constraints.
Of the R&D budgets spent by private companies, much of it is spent on patent extending repackaging exercises instead of fundamental research.
And the OP still hasn't named one nation with fully deregulated healthcare while there are 30-40 OECD nations running much better performing healthcare systems with properly placed gov't controls while the US without is a complete outlier in the data.
I don't want to be caustic, but the national data say so much more than hopes for a free market solution in the area of healthcare.
Until millennials start voting. At that point, we'll probably see Social Security and Medicare funds re-purposed for a universal basic income.