The health systems of Switzerland and Singapore are partially subsidized by the American consumer. In fact nearly ALL so-called universal systems in the world are subsidized by us. How so? By purchasing pharmaceuticals and medical devices(of which over 60% are developed here) from the US for a fraction over cost then having the American consumer make up the ‘profit’ difference. Wonder why we aren’t allowed to re-import drugs and devices at world prices? If we could, most of the world’s ‘free’ systems would implode due to increasing costs or increasing rationing or both. I doubt other countries want to see the US go to a ‘single-payer’ system unless of course our taxes pay for our system and continue to subsidize their’s.
Not anymore. The medical device industry is close to dead here thank you FDA and the medical device tax.