Just how inefficient is the US health care system? Not at all, compared to Japan. Perhaps that’s parochial. A comparison between the two countries underscores less one system’s strength or weakness than fundamental differences between the two: with just under half the population of the US, Japan does less than one-sixth the number of surgeries, suggesting a system in which drug treatment is far preferred to surgical intervention.
That’s a bonanza for companies that sell drugs, thus Japan has nearly four times the number of drug manufacturers and...
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