Comments on: Free-market global healthcare

By: Wikinomics Blog Archive Free market global healthcare | Cellulite Creams

Wikinomics Blog Archive Free market global healthcare | Cellulite Creams — Tue, 09 Jun 2009 02:48:56 +0000

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By: Wikinomics Blog Archive Free market global healthcare | Uniform Stores

Wikinomics Blog Archive Free market global healthcare | Uniform Stores — Mon, 01 Jun 2009 13:57:27 +0000

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By: Ben L

Ben L — Tue, 01 Apr 2008 04:52:55 +0000

While this is a political landmine, free-market healthcare could really be Canada’s solution to its aging population and the costs associated with long-term health care. Instead of building and staffing nursing homes throughout the country, why not outsource it? I imagine labour costs would make up a significant portion of a nursing home’s budget, so why not have these nursing homes in a country with significantly lower labour costs than Canada. With the savings the Canadian government would make, they could not only cover people’s costs, but even pay them to accept this option.

Enter Cuba. Cuba is a country with one of the highest doctor per capita rates in the world. It’s geographically close to Canada, it has a good climate for senior citizens and it already has strong tourist ties with Canada. Of course, this partnership wouldn’t have to be limited to long-term care but could include costly procedures. A flight from Toronto to Havana is about 3.5 hours. Seems pretty comparable to wait times.

By: DH

DH — Thu, 20 Mar 2008 14:44:16 +0000

Hey Kurt, that’s a great question re: imports of healthcare traffic vs. exports. I’ll look into it.

That said, re: total cost, we’ve done a great deal of research on the topic and our stats show that while legal issues do add to the total cost, it’s moreso duplicate procedures (many caused by legal fears but also the lack of evidence based medicine) and care for chronic disease and end-of-life management.

I’ll try and find those numbers for you. DH.

By: Kurt Heinrich

Kurt Heinrich — Thu, 20 Mar 2008 13:53:39 +0000

Dan, I like your post. However, I have a couple of questions and things I would like to point out. For the most part in the U.S. the govt. doesn’t supply healthcare (yet at least). Except for the VA all hospitals and doctors are private. The reason some U.S. health services are high is due to legal fees and lawsuits. You talk about the number of U.S. citizens that go out of the U.S. How many come into the U.S. because they don’t have access to timely health services? I suspect far more people come into the U.S. than leave.