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Sure, turns out that when you have a government monopoly on healthcare, you can pretty much just dictate the prices for every prescription or procedure.
Whether that results in better service however is an entirely different question – after all, why should doctors or nurses work extra hard if they’re going to be paid the same either way?
I don’t know how it works in the UK, but in Sweden there’s a pretty steep progression for doctors and nurses where performance translates to better titles, schedules and significantly better pay. A specialist nurse is quite well compensated.
That being said, it doesn’t compare to the best paid doctors in the US, but in return EMTs make good money and everyone gets healthcare.
Oh, you think all that money goes to doctors and nurses now?
Oh no, I’m pretty sure a good chunk of it also goes to various useless bureaucrats.
More and more hospitals are being sold to private equity.
In the UK or the US?