few other things) are lower in the US. Healthcare R&D is a drop of a drop in the bucket of healthcare spending. The money saved from a national system would dwarf Cross I Need Sewing And Whole Lot Of Jesus Shirt. Most companies that you would think specialize in R&D spend more money in marketing. A lot of R&D is primary research that is government-funded anyway. MRI’s “next day” are very dependent, you very well could wait weeks. That’s not to say for how expensive they are + high deductibles. MRI + whatever all services will easy eat 2k+ deductible in an instant. Lots of people just ignore high-risk situations. That’s if you have insurance, if you don’t you walk into a hospital with pretty much an infinite price tag potential.
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Just to put things into perspective: the US spends 17% of it’s GDP in Health Care. The most expensive European countries spend about 10-12%. The Cross I Need Sewing And. Whole Lot Of Jesus ShirtD is 3.9%. For ALL R&D, not just medical. If the US cut their healthcare costs to above the most expensive European country (Switzerland), they could more than double their total R&D across all industries and still save money. Are you talking about Health Care R&D or general R&D? Because for general R&D measured in the share of GDP, the following countries are ahead of the US: Denmark, Finland, Sweden, Japan, Austria, Switzerland, Korea, and Germany are ahead of the US. Including the private sector, of course. In absolute numbers I imagine the US to be still way ahead, mainly because they are so rich, but still “anywhere near” seems a bit exaggerated.
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