I have spoken at some length about the shortcomings of the US healthcare system in comparison to other nations’ systems, the latter including a broad spectrum of both public and private systems which make the US a notable outlier. This has left some with the impression that I see no redeeming qualities in the US system, or worse yet, that I might be presenting a one-sided and biased view. Thus, in the interest of fairness and balance, I have compiled a pro-and-con list. Starting with the merits of the status quo:
Pros:
- Medical debt peonage is extremely profitable for the owning class, and creates a strong incentive against political rabble rousing
- Being left penniless is a pretty good incentive for people not to use the healthcare system, meaning a lot of people die young before they can cost the system money
- Having dozens of different regulatory tide-pools with each state running its own Medicaid, plus different parts of Medicare, plus VA and military, plus each state’s marketplace each with several different companies, instead of a single unified framework means that states and companies can experiment with different things, if there was ever an incentive to do so
- Keeping healthcare tied to employment, either through job benefits or work requirements, makes workers afraid to bargain for higher wages, which benefits large businesses
- Between 20% and 40% of US economic activity is tied to the healthcare sector, creating millions of well paid, highly educated, white collar jobs, which act as a lifeline subsidy for the runaway interest created by the student loans taken on by healthcare workers
- Privatizing profits from manufacturers, insurers, and hospitals means that the stock market basically always wins, which is vital for millions of elderly relying on privatized pensions in absence of social security reforms
- The concentration of capital in metropolitan hospitals makes them actually pretty good at treating rare conditions, provided you can pay out of pocket, and peerless for conducting research and training
- The ethical drama of choosing between treatment and other living expenses has created the basis for countless works of art such as Breaking Bad
- No healthcare system in the world is as good at treating firearms related injuries
Cons:
- People who don’t get treatment until an emergency can’t be ignored tend to cost more in the end
- Cost analysis on the basis of individual appointments or plan years prioritizes quick fixes over actually treating and preventing the drivers of poor health
- Keeping between a third and half of your economic activity in one sector feels not very dynamic free market
- Resulting morbidity and mortality rates make the US look really bad compared to peer nations like Kazakstan, Botswana, and Cuba
- To religious traditions that assign value to human life besides dollars generated to shareholders, the system is morally abominable
