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Those who live outside Europe. What are things Europeans are not ready to hear. (lemmy.world)
submitted 2 months ago by Brunbrun6766@lemmy.world to c/asklemmy@lemmy.world
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[–] fmstrat@lemmy.nowsci.com 0 points 2 months ago* (last edited 2 months ago) (1 children)

European and UK universal healthcare is able to exist in it's current form and at it's current cost because the US has private healthcare.

Healthcare Companies give heavy discounts to UK/EU to make extra money, they are fully funded by US payors and thus patients. If US healthcare went public and it ate into profits, and other countries run low on healthcare funds (the NHS, right now), private insurance or more likely, increased taxes, in those countries may be required. The NHS is already considering pay-to-play models.

Note: This is a simplification of lots of details around the international transactions and legislation.

Note 2: Before disagreeing, pick a pharma company and look at their annual report.

Note 3: Clarified form and cost based on an astute commenter below.

[–] donkeyass@lemmy.sdf.org 0 points 2 months ago (1 children)

I have never heard this before. What would be some good things to look up for more info?

[–] badwetter@kbin.melroy.org -4 points 2 weeks ago

@donkeyass@lemmy.sdf.org

How Ukraine started the war, maybe. Perhaps practicing some reading of links that are informative on geopolitics and not the usual propaganda from Globalists.