Question

In: Economics

When comparing the healthcare system in France with that in the United States, one of the...

When comparing the healthcare system in France with that in the United States, one of the key differences is that

the French are able to obtain lower overall healthcare costs because the government is the only payer of healthcare expenses, and there is no private insurance.
the French are able to obtain lower overall healthcare costs because the government pays for most medical care, and private health insurance is held by nearly all to cover the remainder of needed medical care.
Americans are able to obtain lower overall healthcare costs because of the lack of government involvement.
Americans are able to obtain lower overall healthcare costs because most people have insurance.
the French are able to obtain lower overall healthcare costs because the French are discouraged from making use of costly procedures for serious healthcare conditions.

Solutions

Expert Solution

France government pay most of the cost of care and the government closely supervises not for profit insurance funds. The cost-cutting principles of the France government are much more aggressive than that of the US government. Hence the answer can be

the French are able to obtain lower overall healthcare costs because the government pays for most medical care, and private health insurance is held by nearly all to cover the remainder of needed medical care


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