Aeolus451 said:
With Bernie level of price controls, the innovation and development of meds, tech and medical procedures would stagnate. The US literally pays it forward for everyone in terms of innovation in healthcare. Some of the higher expenses is from higher consumption of healthcare and expensive new medical treatments. The US would never allow price controls for many reasons. Even most dems don't support this because they looked at the cost analysis and realized what it would cost. Taxes would have to go up expeditiously to pay for the same healthcare at a higher price overall. It would go up by 6 trillion in costs. |
Yet the US lags in terms of life expectancy...