Below is an interesting podcast with venture capitalist Bill Gurley talking about how technology might transform and improve health care.
Based on their discussion, the US spends about 17-18% of GDP on health care. In most Western European countries and in Canada, it’s about half of that.
In Singapore, it’s only 4% of GDP and there doesn’t appear to be any demonstrable differences in terms of health outcomes.
If you can’t see the podcast embedded below, click here.