So I happened to see a discussion between some USamericans about nationalised health-care online, in which the argument was being made that countries like the UK pay for healthcare through our taxes, so it's not actually that different.
And putting aside all the ways it is different, it made me want to figure out what the price difference actually was. I knew the NHS would be cheaper, it's not a for-profit business afterall, but I was not prepared for how big the difference actually was.
According to Forbes, the average american pays around $7000 a year (£5,162 at current conversion rates) in health insurance premiums for one person
In the UK, the figure is harder to reach, because it's a % of income, but for someone earning the national average salary of £35,000, they pay 20% income tax on all income over £12,500 a year, of which about 20% goes to the NHS.
Which works out as £900 ($1220) a year.
And the American cost is just the premiums! It doesn't include copays, out of network fees, dental care... (The UK one sort of covers dental - we still have to pay but NHS dentists are subsidised and have pricing caps imposed by the government, and can't charge you if you're recieving unemployment or some types of disability benefits. It's not great, but it's better than nothing).
Meanwhile, the only cost to me is capped dentist fees (the maximum they can charge is currently £330, which is only for stuff like dentures, bridges, crowns, or fitting braces/retainers) and a charge for prescriptions of £10 ($13.50) per medication (only for medication I take home with me, anything administered directly by a doctor or nurse is free, so my cancer medication was free, but the medications I took at home to manage the symptoms cost £10 each). And in Scotland they don't even have prescription charges!
£900 plus vs £5162. At least.
And then you get to the comparison in private health insurance costs. I actually have private insurance through my job, the same way most americans do, on top of my NHS coverage.
I pay £65 ($88) a month, and my deductible is £150 ($203) a year with no copay. And it's pretty decent insurance.
And the conservatives freak out about one health insurance CEO being murdered?!
I think Americans should be legally allowed to burn Health Insurance companies to the ground actually.