Hi, everyone! Today's @BV post is the one you've all been waiting for...Noah Smith's economic policy platform!https://www.bloomberg.com/view/articles/2017-08-17/13-ways-to-strengthen-america-s-economy …
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It pays 70% of the cost.
I mean I know that! I read the piece! I worry about that as a stress on low-income populations but I also get it's hard to reduce price...
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When you simultaneously increase demand by giving zero-cost access to so much medical care. I guess I'll have to read up on Japan.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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When govt pays 70%, it has all the bargaining power, and so can force prices down pretty easily. Medicare is similar...
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Hm. A quick google suggests very low medical bankruptcy in Japan. But perhaps hard-to-change structural reasons why their care is cheaper.
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