Europe consistently develops and approves new medical devices faster than the US. Indeed some jobs we recommend to our customers to start there. Making money when there is a single payer (almost all of Yurp) is no problem. Easier than here IF you are lowering cost or creating better outcomes. Otherwise you're screwed there and should introduce your product here where docs/insurance cube farms/and hospital purchasing groups decide. All corrupt. All looking to maximize their profit on the other guy's back. One might buy your device.
Of course some parts of single payer work better.
Lets look at gov healthcare, in Canada it works great. That is until you need something like say an ACL repair. You could wait months or even years. Many health needs are not considered necessary and you have to fight to get them.
No thank you.
I've been getting reports for years from a proud dad whose physician son lives in Europe while developing a new medical device. Seems it's easy to find test subjects in former communist eastern Europe. As I understood this was in development for the US market.
Isn't the approval of such devices under the control of our federal government? So why is approval so slow here?
Regulation. Red tape. Etc.
wait for another world war and see how mant advancements in medicine pop up. Won't be any regulation on what they do to people then over in the rebirth of the Soviet Union.
Been working since 1957.I work with a nurse that used to work in Canada. It ain't great. And it's not sustainable. It's ready to implode.
Been working since 1957.
I know people that lived there, the system works great for emergency room type needs. Other than that it sucks, try getting an ACL repair or something along those lines that isnt a necessity. Not happening anytime soon and with out a fight.
What care???? Are you really that thick or do you like stirring the pot?
When I tore my ACL in the 90's, instead of getting the surgery done as soon as I was able, I may have had to wait 2-3 years for approval. And I would have had to buy my own knee brace. How is that care? It isnt.
I would still need to pay for additional insurance to cover myself for injuries and other medical needs I would want. So in Canada , if you want excellent coverage you pay out of your own pocket for yourself AND for everyone else. SO why get the government involved? Get them out now, its all effed up because of the ACA. Its isnt speculation, its fact.