- It is cheaper to build a car in Canada than the U.S. (Washington Post):
By Kirstin Downey
Washington Post Staff Writer
Saturday, March 6, 2004; Page E01
For each mid-size car DaimlerChrysler AG builds at one of its U.S. plants, the company pays about $1,300 to cover employee health care costs — more than twice the cost of the sheet metal in the vehicle. When it builds an identical car across the border in Canada, the health care cost is negligible.
And, although both nations lost auto manufacturing jobs in 2000 and 2003, the decline was only 4 percent in Canada, compared with 14 percent in the United States.
Jim Stanford, an economist with the Canadian Auto Workers union, said employers who could operate in either country save $4 per hour per worker by choosing Canada. “That’s a reasonably significant differential. . . . It’s one of the reasons Canada’s auto industry has done a lot better,” he said.
- Here is a post by a Venture Capitalist about his experience with Canada’s system.:
- Swipe your health card. That’s it.
- State of the Art
- If it is serious, they move.
- People cared.
So, there you have it. The Canadian Health Care System. For me, it worked and the people were amazing.
- Number One barrier I have to starting my own company is HealthCare
- The existing system already rations care — but it is in an adhoc, incoherent manner.
- Medical bills contribute to bankruptcy:
Harvard University researchers found that the average out-of-pocket medical debt for those who filed for bankruptcy was $12,000. The study noted that 68 percent of those who filed for bankruptcy had health insurance. In addition, the study found that 50 percent of all bankruptcy filings were partly the result of medical expenses.13 Every 30 seconds in the United States someone files for bankruptcy in the aftermath of a serious health problem.
- BART-to-San Jose: Comparables to build a tunnel in the US and Canada — Canada’s tunnel was $70million/mile — the U.S. was $100million/mile because of the workers comp/disability insurance.
If you don’t like the Canadian system, then come up with your own. But our Health Care “system” is anything but a system — it is a disaster.