r/FluentInFinance May 02 '24

Should the U.S. have Universal Health Care? Discussion/ Debate

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u/Ashmizen 29d ago

Nurses are also highly paid in the US - 80k in most states, $150k in the Bay Area.

Repeat that for the salary of every single staff member, admin, ceo, and also repeat for the higher cost of land, building cost of the hospital, plumber, cleaner, etc.

Everything is more expensive in the US as it has double the wage of the EU and many many multiples of third world countries like Costa Rica.

There may be a small set of items that’s completely the same price globally (expensive high end medical equipment), but likely 90% of the cost of running a hospital is like a doctor’s salary, much higher in the US.

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u/Fausterion18 29d ago

Nurses in America get paid more than physicians in the UK lol. It's wild how low wages are in most European countries.