Hi Jason,

One encouraging innovation that is beginning to pick up steam is
subscription-based health care, and insurance companies are starting to
come on board. You pay a monthly fee and get unlimited access to your
primary-care doctor. It's a huge improvement because the incentives are
much better aligned - in this model, the doctor's office is incentivized to
keep people *out* of the office. In the existing model it's the opposite.

Terren

On Thu, Jul 14, 2022 at 9:38 AM Jason Resch <[email protected]> wrote:

> The graph begins to make a little more sense if one replaces the term
> "healthcare" with a more reality-representing term: "sickcare".
>
> Healthy people don't need to spend a lot of money on their health.
>
> This doesn't explain it all, but the relationship begins to become more
> intuitive when viewed this way: an unhealthy (but wealthy enough to spend a
> lot of money) population will spend more on sickcare, and will have worse
> health outcomes than healthier populations.
>
> The US is one of the most obese nations on this chart. I recall reading
> some statistic that said if we returned to 1975 obesity levels we could
> reduce government health spending by 400 billion annually.
>
> Of course obesity is just one aspect of many that might lead to poor
> health and shorter life expectancy in the US. (Insufficient preventative
> care, subsidized cheap and unhealthy foods, high stress jobs with little
> vacation, the opioid epidemic, prevalence of dysfunctional schools, etc.)
>
> And all this is before exploring any of the many reasons we pay high costs
> for the sickcare we get (rationing of licensed doctors and treatment
> facilities, prohibitions on reimporting cheaply exported drugs,
> administrative and insurance overheads, lack of price transparency,
> emergency rooms as default care facilities for those who can't afford
> doctor appointments, medical malpractice insurance and high rates of
> lawsuits, multi-billion dollar cost of new drug development, etc.)
>
> A lot has to be fixed. Unfortunately, the root of the problem may stem
> from a misalignment of objectives. In the same way private prisons work to
> incarcerate more prisoners, for-profit sickcare is discouraged from working
> towards a healthier population (which doesn't need as much of their
> services). If we could design a reward system where the decision makers in
> power were rewarded based on the health and well-being of the population as
> a whole, I think things would look very different.
>
> Jason
>
> On Thu, Jul 14, 2022, 8:45 AM Telmo Menezes <[email protected]>
> wrote:
>
>> Hi Terren,
>>
>> You are right, I know that. I have the impression that a bad health
>> situation can ruin people in the US. I have heard of stories of people
>> refusing to call an ambulance after a serious accident, for fear of the
>> bill. I think that another country were this is the case is South Korea. A
>> colleague told me that it is common there for people there to invest in a
>> second home, to use it to pay for the health bill in case they get cancer
>> or something serious like that.
>>
>> I guess what perplexes is that people seem to be more or less ok with
>> this, when there is overwhelming evidence that a better systems is possible.
>>
>> Telmo
>>
>> Am Do, 14. Jul 2022, um 14:34, schrieb Terren Suydam:
>>
>> Hi Telmo,
>>
>> I’d want to know how they adjust for price differences between countries,
>> as that could be a subtle way to introduce bias. But as an American and
>> assuming the above is kosher, it doesn’t surprise me at all. Health care
>> here is a worst case scenario. It’s the result of decades of anti
>> competitive practices and perverse incentives. But you knew that!
>>
>> Terren
>>
>> On Thu, Jul 14, 2022 at 8:13 AM Telmo Menezes <[email protected]>
>> wrote:
>>
>>
>> I am curious about what Americans in this list think about this:
>> https://i.redd.it/qrjgb2aakhb91.jpg
>>
>>
>>
>> Telmo
>>
>>
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