whatithink
GOLD
I lived in the UK for many years and have interacted with Europeans my entire career. When I lived in the UK, the company paid for supplemental (BUPA) health insurance for everyone above a certain level. It cost them $600 a year - I know as that was my taxable benefit. I only know of 1 person who ever used it. Everyone else used the NHS.I have done biz in Europe for years. Decades actually. I would not go as far as saying they have better health care. It isn't cheap either when you consider that in most of those countries by the time you get to a 50k euro salary you are moving in on a much higher tax rate vs what we have here. Then add in the VAT and go from there. They pay a lot.
It shows. When I review housing in the various countries for our clients I am always surprised (actually not anymore) of how basic much of the accommodations are and they are middle class.
Anyway most of the people I know in Europe buy supplemental insurance (what it is called varies by country) so they can avoid the regular health care system. As one of my German partners said...I pay extra so when I go to the doctor I go to a separate area where I don't have to wait in the long queue that everyone with the standard insurance does.
There is certainly a higher direct tax burden. If you take what we pay for health insurance here and call it a "tax", then add all the deductibles you pay on top and eliminate any max coverage (for dental for example) and suddenly the tax burden doesn't look as high.
All that aside, my point was that we pay more than double on health insurance than the next country, per person, for worse results. The highest cause of bankruptcy is medical expenses I believe. The price gouging of US consumers by the health industry is disgusting in this country. Having one of the best health care systems in the world, which the US has, is not a lot of good to tens of millions of Americans who can't access it.
Agree on the ratio of population to deaths BTW, doesn't make sense.