Post #51136 by albaby1 on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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Government healthcare (like Medicare) skips all that nonsense because it is not-for-profit, and does not report to shareholders, or give executive bonuses.

....and still pays double what other countries pay.

How we pay for healthcare isn't why we pay so much. We pay more because we pay more. If you look at per capita health care spending by age, we're paying just as much more in the age groups covered almost entirely by Medicare as we are in the age groups that aren't. In fact, just eyeballing the chart it's even worse in Medicare than other ages - the gap between our spending and that of other countries really widens when the population hits 65:

https://pmc.ncbi.nlm.nih.gov/articles/PMC7411536/

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