There have been attempts made to correct for these discrepancies. They end up accounting for a large fraction (but not all) of the difference in infant mortality rates, if I recall correctly.
Most of the rest of the effect is that premature births that everyone considers "births" have a higher prevalence in the US (for various reasons, not all of which are clear). Premature births have higher mortality, obviously.
https://uk.reuters.com/article/us-health-infants-mortality/u... is actually trying to look at an apples-to-apples comparison, and a few things jump out at me:
1) Birth defects. I wonder how much of this has to do with differences in abortion availability and again differences in definition of "birth". Many other countries count a child that dies within some number of days after birth from birth defects as a stillbirth, not an infant mortality event.
2) SUID (aka SIDS) is a huge contributor in the US. In the US this is highly concentrated in ehthnic groups that are largely missing in the comparison countries. Why that is is a good question, but makes this comparison less apples-to-apples.
To know where you'd want to be you want to know the outcomes for your specific demographic in the different countries, which is not something that gets reported very much...
From your own source, literally doesn't help your case at all.
https://www.firstthings.com/blogs/firstthoughts/2009/07/most...
Also the US develops most of the drugs used by those other countries. IF Drug companies charged UK prices in America, they would not be profitable. Someone has to pay the bill for drug development. In this case, it's the US.
https://qph.fs.quoracdn.net/main-qimg-90fb34d138bbf4ebc946ca...
it's not a libertarian view, just the data.
First of all that source is from a pseudo-intellectual religious journal and carries little to no weight in my opinion, even if it did they admit that those numbers are differentiated by early screening in the US and this has little to do with treatment quality, such a statement on quality would need to control for this difference in screening.
>Also the US develops most of the drugs used by those other countries. IF Drug companies charged UK prices in America, they would not be profitable. Someone has to pay the bill for drug development. In this case, it's the US.
Only 5 of the top 10 largest Pharmaceutical companies are American and 3 of the top 5 are European so this statement is just not true.
Your quaint views on Economics are obviously libertarian, in the failed American political party sense, and frankly the data is not on your side.
Women with insurance pay out of pocket an average of $3,400, according to a survey by Childbirth Connection, one of the groups behind the maternity costs report. Two decades ago, women typically paid nothing other than a small fee if they opted for a private hospital room or television.
But one must take into account the risk of complications; if something were to go really wrong, would you rather be in the US hospital or the UK one? I suspect the NHS is more affordable, but does not handle complications and individual patient cases as well as the US system.
The vast majority of the 'generous' college financial aid is loans with partially subsidized interest rates. Default rates on these loans are high and keep rising.
http://www.chicagotribune.com/business/ct-drug-price-sofosbu...
Costs $1000 in the US and $4 in India.
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Individuals seldom pay the stick price. A $10k/month drug does not mean one pays $10k/month out of his or her own pocket. Same for a $1,000 emergency room visit. Or college tuition, due to generous financial aid and payment deferment programs (some universities have huge discounts for low and middle-class students).
So one must adjust prices for what one actually pays, not the MSRP.
Second, although people are spending a lot on healthcare, they are getting more healthcare and better healthcare, which is the key distinction. This means cutting-edge treatments for diseases that decades ago would have been fatal (a notable example is CML, which used to be fatal within 3-6 years of diagnosis but can now be managed as a chronic condition like diabetes).
Healthcare would be very cheap if drugs were limited to Advil and Aspirin, but also very bad. People would be irate if those were their only options. Not saying the system is perfect or that drugs are not overpriced, but one must take into account quality and quantity than just the price.
Rent, however, is an example of a cost that has exceeded inflation, but where there is no notable improvement in quality, and there are no payment deferment programs. People are paying more and more for the same 2-bedroom apartment. I suspect part of the problem is due to the difficulty of evincing deadbeat renters and due to regulation, so landlords pass the costs to renters both in the form of high rents and huge, upfront, multi-month down-payments. But also, the housing bust in 2008 created a construction shortage, so people who lost their homes in 2005-2010 found themselves with no option but to rent, and this created more demand, but also due to less housing constitution. Housing starts plunged in 2008 and never really recovered: https://www.census.gov/construction/img/c20_curr.gif
Indeed, nice cars say to me: "there's a moron who lacks taste/perspective, and probably is really bad at managing their life and money. They probably have large amounts of debt and leverage.".
You can call me judgmental, but its an infinitely better attitude to take than anything approaching admiration/jealousy.
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