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The US does not have a model for a successful health service — Richard Murphy

Summary:
I haven't done the weighted averages on the data, although it would be easy to do. The simple facts stand out. After five years most people who have cancer in the USA are alive. In fact, overall it looks like there might be a near nine in ten chance of that.And the associated cost is a 40% chance of bankruptcy. That is no way to run a health service. And yet this is the model those in office in the UK aspire to. Tax Research UKThe US does not have a model for a successful health service Richard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum

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I haven't done the weighted averages on the data, although it would be easy to do. The simple facts stand out. After five years most people who have cancer in the USA are alive. In fact, overall it looks like there might be a near nine in ten chance of that.
And the associated cost is a 40% chance of bankruptcy.
That is no way to run a health service.
And yet this is the model those in office in the UK aspire to.
Tax Research UK
The US does not have a model for a successful health service
Richard Murphy | Professor of Practice in International Political Economy at City University, London; Director of Tax Research UK; non-executive director of Cambridge Econometrics, and a member of the Progressive Economy Forum
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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