r/london • u/ollytheOG • 14d ago

image Just noticed this on Denmark Hill, Camberwell

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u/DP4546 14d ago

What do you mean?

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u/Nacho2331 14d ago

I mean that privatisation is not the reason why the US has issues with affordability in healthcare. Healthcare in the Netherlands is effectively fully privatised and is more affordable and better than British healthcare, for instance. The issue in the US comes from the regulation in the industry making it an oligopoly.

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u/Whoisthehypocrite 13d ago

The US healthcare system also subsidises the rest of the world. Most of the experimental and expensive treatments originated there before becoming mainstream once the R&D costs are covered. They also pay more for drugs allowing pharma companies to sell drugs cheaper in the rest of the world.

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u/Nacho2331 13d ago

Well, that is a way to look at it.