Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

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metastasis (quokk.au)

submitted 1 day ago by Deceptichum@quokk.au to c/microblogmemes@lemmy.world

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[–] danc4498@lemmy.world 10 points 1 day ago (1 children)

They could have done this AND universal healthcare. Universal Healthcare would actually save us money allowing us to put more into useless BS like Meta VR.

[–] MacNCheezus@lemmy.today 4 points 1 day ago (1 children)

Not in the slightest. According to a congress report, American healthcare expenditure was was approx. $4.6 Trillion in 2023. That $77B would barely even cover 2%.

[–] Knock_Knock_Lemmy_In@lemmy.world 4 points 20 hours ago (1 children)

The crazy thing is that 50% of the cost is middlemen (mainly insurance). The rich could halve their healtcare costs if they just decide to share.

[–] MacNCheezus@lemmy.today 1 points 10 hours ago (1 children)

I don't doubt that insurance introduces a certain amount of overhead into the equation (after all, they have offices and wages to pay), but I'm a bit skeptical of that 50% figure. Do you have a source for that?

[–] Knock_Knock_Lemmy_In@lemmy.world 1 points 8 hours ago (1 children)

In 2024, the United States spent an estimated $14,885 per person on healthcare ... while the average for wealthy OECD countries, excluding the United States, was $7,371 per person. https://www.pgpf.org/article/how-does-the-us-healthcare-system-compare-to-other-countries/

[–] MacNCheezus@lemmy.today 1 points 7 hours ago

Thanks, appreciate the link. However, it does not corroborate the theory that health insurance companies alone are responsible for that difference. From the article:

There are many possible factors for why healthcare prices in the United States are higher than other countries, ranging from the consolidation of hospitals — leading to a lack of competition — to the inefficiencies and administrative waste that derive from the complexity of the U.S. healthcare system. In fact, the United States spends over $1,000 per person on administrative costs — approximately five times more than the average of other wealthy countries.

So while the administrative overhead definitely IS very high compared to other countries, it doesn't even account for more than 10% of the total healthcare expenditure — meaning eliminating insurance companies wouldn't just magically make healthcare 50% cheaper for everyone.