Professor Mark J. Perry's Blog for Economics and Finance
In Canada, you can buy almost anything you want... except an MRI, brain surgery or private health insurance.
Posted 2:02 PM Post Link
If Canadians want to get an MRI, brain surgery or private health insurance they can move to the US. Just like the libtards that clamor for socialized medicine can move to Canada.On the other hand if Canadians want more and faster MRIs and more and faster brain surgeries all they need to do is protest for higher taxes. Taxes pay for the Canadian health care system that has nearly identical results to the US health care system. Except 100% of Canadians are covered without deductibles or copays but only 83% of Americans are covered by healthcare insurance that can be cancelled at the sole and arbitrary discretion of the insurance company if your treatment is going to cost too much.By increasing the amount spent on Canadian health care from about 50% to about 75% of what Americans pay for partial care the damned Canadians can shorten their self imposed waiting lists, everyone can get an MRI and brain surgery. As a matter of fact if Canada became the healthcare provider for the US then all US citizens could have full and complete American style coverage without deductibles or copays for about 25% less than Americans pay right now and all Americans would be covered not just 83%.
The last major drug discovery in Canada was insulin at the University of Toronto. That was certainly an important discovery but, it was done in 1926.Winston Churchill said, "The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries."So, yes, we have unequal sharing of medical care in the U.S. On the plus side, MRIs were invented in the U.S.Socialized medicine has an equal sharing of waiting lists. MRIs would never have been invented if their development depended on a national health service.
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Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan.
Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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