To my knowledge the UK already has a relatively efficient healthcare system (lower ratio of administrators to front-line staff than comparable systems, lower spend per capita than most EU countries) and uses a fairly robust system of QALYs to decide which treatments should be offered. I find it plausible that the US far out-consumes the UK in healthcare in the same way that it far out-consumes the UK in literally everything else, and that it might be relatively easier to find trimmable excesses in Medicare than it would be for the NHS.
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To my knowledge the UK already has a relatively efficient healthcare system (lower ratio of administrators to front-line staff than comparable systems, lower spend per capita than most EU countries) and uses a fairly robust system of QALYs to decide which treatments should be offered. I find it plausible that the US far out-consumes the UK in healthcare in the same way that it far out-consumes the UK in literally everything else, and that it might be relatively easier to find trimmable excesses in Medicare than it would be for the NHS.
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