In USA - If you took all the monies paid for health care from insurance premiums, out of pocket cash, Medicare, Medicaid, and charities would it compare to the cost of universal health care?
2007-08-09 15:55:16 · 2 answers · asked by KOHA 4 in Business & Finance ➔ Taxes ➔ United States
Considering that payers are systematically overcharged to compensate for write offs.
2007-08-10 03:23:08 · update #1
Compared to what my friends in the UK are paying in taxes supporting the National Health Service, I'm paying about half in insurance, co-pays and deductibles for better care.
2007-08-10 00:06:33 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
The money you pay now for insurance, out of pocket payments, and the rest would not cover the cost, since usage would go up drastically if nobody had to pay anything - way too many people would be running to the doctor for stubbed toes or their first sniffle.
2007-08-10 01:21:41 · answer #2 · answered by Judy 7 · 0⤊ 0⤋