Goldman Sachs asks in biotech Report: Is curing patients a sustainable business? (2018)

socialized healthcare please and thank you.

Thats simply not true. To argue to an absurd reduction, if that were true the NHS would preference amputation and wooden limbs over all other treatments for infected limbs. They still preference paths short of amputation.

It's a race to a medium. the problem is the medium is lower than rich people want, and the masses of poorer people who benefit from being lifted above amputation and a wooden leg don't appear in the cashflow as benefactors.

Getting used to a happy medium being lower than many people are used to, is hard.

If so, it's not winning, is it? Private US healthcare is winning the race to the bottom on every measure that means a damn.

I generally agree but look at the qualifications for weight loss drugs in the US vs the UK.

Getting approved for weight loss drugs is possible in the US without a ton of work. BMI of 24 and you snore a lot? Possibly covered. High cholesterol and some extra weight? Approved.

There are some things the American healthcare system does very well. Not many, but on occasion things work.

The most important part of public healthcare is keeping that base level of treatment so any private medical healthcare needs to be at least this mediocre to be worth it.