Tuesday, July 2, 2019

Interesting Healthcare Tidbit

The “expensive” healthcare in the U.S. has big box pharmacies with lower prices.

The “cheaper” healthcare in Europe has small, local, pharmacies, with higher prices. Oh, and it has rent-seekers out to defend the status quo.

I wonder whether or not this is included in most peoples’ assessment of the cost and value of healthcare.

FWIW: Backpacking around Europe in 1984, I found out that in Switzerland the only place you could buy shampoo was the local pharmacy. I still remember paying over $6 for a small bottle. That’s about $15 in 2019.

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