The Nordic Model: Nordic Healthcare | The Economics of Single-Payer Healthcare and Medicare for All

How do the Nordic Countries structure their single-payer systems?

In this video I discuss Medicare for All/Single payer systems, and how they fit into the policy and economic discussion on healthcare.

Music: Onion (Prod. by Lukrembo)

Thanks for watching everyone. Feel free to leave questions, comments, and your general thoughts about my analysis or this in the comments below.

[johanneshansen]

In the nordic countries, the debate is often on what is "essential service" that is covered under the government plan. There is some private healthcare, but in less "ER" sorts of service. You mentioned Pharma, but things like dental service, cosmetic service and mental health, are still private. Partly because the cure here is more individual. What a "cured" mental health means or what good aesthetics are, are difficult to determine in a central government, so these are individual decisions and needs. Something like Male pattern baldness is personally paid, even though it's healthcare. But it's not a "disease" so it's a personal choice and not covered by the central plan, so it costs a bunch of money to deal with for the individual.

[bobbytreacy]

"WHO is just a shill for XD XD XD

[loomgoon]

Hi econoboi recently banned from discord just wanna say like the video

[IkeOkerekeNews]

What exactly is a single-payer system?

[IkeOkerekeNews]

1:52
None of the Nordic countries are federations though.

[maxabramson]

The U.S. healthcare system is now the most heavily regulated, litigated, licensed, and subsidized system in the world. Since Congress got out of control in the 1960s and 70s, healthcare costs have gone from 5% of GDP to 19% and GDP and growing. There is no 100% public or private insurance system in the world. Instead, they are all a mix of public and private insurance and out-of-pocket.