A dissenting opinion: in The Netherlands, with pretty awesome universal healthcare, >50% of healthcare costs are made for 600k 65+ yr olds. That in a country of 17 million. It's 28 B€ for this small group in 42B€ total cost.
The social value of catastrophic health insurance is huge. The cost of universal cradle to grave care is catastrophic and untenable within 20 yrs.
Source (in Dutch, from a government regulatory agency), looking across healthcare categories:
The social value of catastrophic health insurance is huge. The cost of universal cradle to grave care is catastrophic and untenable within 20 yrs.
Source (in Dutch, from a government regulatory agency), looking across healthcare categories:
https://www.nza.nl/actueel/nieuws/2018/04/20/zorg-voor-ouder...