this post was submitted on 09 Sep 2023
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Burgerland pays more per person for medical treatments than anywhere in the world and gets significantly less out of it than competing countries. That's how terrible the insurance middleman racket is.
Around 18% of the 2022 US GDP was healthcare expenditures. In comparison, around 6-7% of the 2022 PRC GDP was healthcare expenditures—despite having a population of more than 4x that of the US.