Health Care in Australia

http://www.futureofcapitalism.com/2009/08/health-care-in-australia

John Hempton of the Bronte Capital Blog writes about the effects of a government health-care overhaul in his home country of Australia, and says that much of the savings come from a monopoly buyer (the government) squeezing suppliers: "Doctors (not specialists) are middle income in Australia now – earning about 1.5 times average earnings. Thirty years ago doctors earnings were maybe 5 times average. The medical schools are now majority female reflecting in part the career aspirations of women versus men."

by Editor  |  Aug 21, 2009 at 3:36 pm Related Topics:  Health Care receive the latest by email: subscribe to the free futureofcapitalism.com mailing list