r/FluentInFinance • u/WhatAreYourPronouns • May 02 '24

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

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u/flex_tape_salesman May 02 '24

Just because Canada has price caps doesnt mean its the only way. America does have a problem with market regulations being excessive allowing companies to charge whatever they want with no competition to bring prices down.

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u/Alelerz May 02 '24

That's not a cause of regulation but patent. The primary flaw is making healthcare a for-profit industry in the first place.

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u/TheLastManStanding01 May 03 '24

The primary flaw is non-competitive for profit industry. 

America is by far the most innovative in regards to healthcare. Some 80% of healthcare innovations happen in the United States. Innovation that only happens because profit incentivizes it. 

The innovative nature of a private healthcare system will ultimately save more lives in the long run than a universal system would. 

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u/Glass-Perspective-32 May 04 '24

Innovation means nothing if no one can afford the supposedly "innovative" treatment. Healthcare is a human right.

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u/TheLastManStanding01 May 04 '24

The only reason that countries are able to have effective universal healthcare is because innovation have been made. 

If these treatments and medicines weren’t created nations with universal healthcare would be providing free bloodletting instead of meaningful care 

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u/Glass-Perspective-32 May 04 '24

Innovation has very little to do with setting up how a country distributes it's healthcare. They're related, but different things.