US people pay more for health care, die sooner than people in other developed countries

[Nobby_Stiles]

@dan7000

Want to cut off care for cancer? Really? If not, then stop talking about prioritizing care based on cost, because cancer is the number 1 cost driver. Instead, if you want to bring down costs, let’s do it like other countries and adopt single payer.

Doesnt single payer bring down costs in two basic ways? 1) by taking out the insurance company profit margins which should reduce costs by maybe 10% 2) by using the monopsony power to force medical costs down - ie paying drug companies and medical staff less.