Comparing the US and Canadian Healthcare Systems
systems are that the US has a convoluted structure with a lot of free market influence; Canada has a relatively simple structure with single payer and minimal free market influence. What does this mean in the US? It means a few things. The profit motive is cited for a high rate of innovation, but it also means that some of health care expenditure goes to profits – shareholders – rather than to care. While some would argue that the profit motive means that firms will be efficient, that has proven incorrect, for a couple of reasons. The first reason is simple – the multiple different payers, insurance companies, providers – it's very complex… Continue Reading...

