The healthcare experience in Europe varies. Costs have been controlled better in some places than others. The only countries that have really been able to hold those costs down – and which look likely to be able to hold them down going forward – are those with single-payer systems with more or less universal coverage. But the Americans don't want to hear this. It's not a popular message.
That's Britain, and who else?
Scandinavia. You can look in the back of the IMF Fiscal Monitor, the latest to come out. They have a table, I think it's table 9a, which gives you projected healthcare costs and the impact on the budget over a 20-30 year period.
---SPSmith
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