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142 points helloworld | 1 comments | | HN request time: 0s | source
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seibelj ◴[] No.12306806[source]
Can anyone succinctly explain the benefits of having a market for private health insurance companies, rather than a single provider of health insurance (government, aka "public option")? Can a capitalist case be made for their existence? Does the lack of a large private insurance market in countries with government-provided health insurance cause lots of inefficiencies and waste?
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njkanjsd ◴[] No.12306825[source]
The healthcare system in countries like France, Canada, Germany is much more efficient and provides better healthcare to most of it's citizens than the US healthcare system pre and post obamacare.

https://www.oecd.org/eco/growth/46508904.pdf

http://www.commonwealthfund.org/publications/press-releases/...

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bcohen5055 ◴[] No.12306882[source]
*citations needed
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1. sp332 ◴[] No.12307127[source]
I was going to post this graph https://twitter.com/paulg/status/762920971078627328 but in searching for a source I found the conversation underneath was more interesting. (For reference the source was https://ourworldindata.org/life-expectancy/ and it's interactive.)