Maybe 50% of the Doctors on staff in hospitals in the USA *seem to be* foreign born.
Americans demand higher wages than most places in Europe generally and much higher in the medical professions. Fact of life. No one agrees to a pay cut easily.
The main savings could be in administration and accounting overhead and *non-profit* extravagant wage levels in the C-suite.
However, the cost of the insurance cost-complex could amount to a 10% reduction at best. You would still need to administrate benefits and payments. You would need to add a new layer of taxation and its administrative bureaucracy.
Healthcare is a $3.8 Trillion economic sector in the USA we could save 12%? or $456 Billion a year conservatively -- but -- this would be a massive disruption of one of the largest businesses in the USA. Military spending in the USA was only $598.5 billion in fiscal 2015. So this is a REAL BIGLY DEAL!
|