Life expectancy rise in rich countries slows down: took 30 years to prove

For an interesting side piece:

    Curiously, however, for a system apparently stultified by the dead hand of government, Australia’s health system far outperforms the free market-based US healthcare system, which spends nearly twice as much per capita as Australia to deliver far worse outcomes — including Americans dying five years younger than us.

The shocking truth: Australia has a world-leading health system — because of governments

Source: https://www.crikey.com.au/2024/10/16/pubic-private-healthcar...

Bypass: https://clearthis.page/?u=https%3A%2F%2Fwww.crikey.com.au%2F...

    Overall, we now have the fourth-highest life expectancy in the world.

   This is contrary to the narrative that pervades the media about our health system — one in which our “frontline” health workers heroically battle to overcome government neglect and inadequate spending, while the population is beset by various “epidemics” — obesity, alcohol, illicit drugs.

    In fact, Australian longevity is so remarkable that in August The Economist published a piece simply titled “Why do Australians live so long?”

Other references:

The Economist: https://www.economist.com/graphic-detail/2024/08/23/why-do-a...

AU Gov Report: Advances in measuring healthcare productivity https://www.pc.gov.au/research/completed/measuring-healthcar...

Next to the USA, Australia provides some of the highest earning opportunities for medical specialists thanks to its very well-developed private sector. A doctor might clock AU$300/400k for a 0.5FTE role at a public hospital, and then bring in another AU$500/600k+ from their private practice (and that's a very low figure for a lot of specialities). As a result, Australia can attract and retain extremely high-quality doctors with the public sector essentially riding the back of the earning potential provided by the private sector. Interestingly, I think the reason you don't often see full private specialists is that due to lack of market forces applying to public healthcare, the public system crowds out the private system on complex/innovative care -- so as a specialist you need to retain a public presence to get access to the high-profile work that you use to support your private billings.