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Angus Deaton on the Financial Advantage of College Degrees

Masters in Business

CHAPTER

The Healthcare System Debate

Comparing healthcare systems in the UK and the US, this chapter discusses the trade-offs between wait times, costs, and efficiency. It delves into the challenges of preventive medicine, the high costs of healthcare in the US, including drug pricing, and the impact of profit-driven practices on healthcare expenses in America. The conversation also explores the inequality in the US healthcare system, the influence of laws like the Affordable Care Act, and the repercussions of rising healthcare costs on companies' hiring decisions.

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