" but given the volatility of both the Sterling and footballers"
Sterling is a footballer and the only person known to refer to themselves as "the" is the Donald!
if it was meant to be sterling as currency there is no capital S
Reporting on NHS expenditure today, the BBC's health correspondent Nick Triggle coined The Register's newest unit of measurement: The Pogba (Pg). The NHS is the second biggest area of public spending behind welfare. Last year, the Treasury handed over £118bn to the Department of Health in England - that is enough to buy more …
Given that the vast majority of people only make use of the health services in any meaningful way in the first and last 5-10 years of their life the cost for only those years of need is considerably more.
Really it's no different to any other insurance. The huge majority of people won't get back what they pay in but you still pay during the good years just in case you're unlucky enough to need it. A rare condition could easily cost millions to treat.
According to the Oracle-Of-All Knowledge that is Wikipedia (okay, I know, but humour me), the good ol' U.S. of A. spends $9523 per person on healthcare, whilst us medieval peasants in the UK spend a measly $3235 [ https://en.wikipedia.org/wiki/List_of_countries_by_total_health_expenditure_per_capita ].
Yet somehow the average Merkin manages to live 2 years less, at 79.3 years, rather than 81.2 [ https://en.wikipedia.org/wiki/List_of_countries_by_life_expectancy ].
But of course the current Prez's introduction of a centrally-funded health program was an oppressive socialist attack on their freedoms...
Complain all you want about the NHS but, with the exception of cancer care, you get better outcomes for around a third of the lifetime cost per patient. If it were up to me the healthcare industry would get three months to fix the problem or they would be nationalized. The three months is so we can watch the highly profitable non-profits squirm to keep their gravy train rolling in.
Really it's no different to any other insurance.
I have long suspected that insurance tends to work like carrying an umbrella around; if you have it you won't need it and it will look like an unnecessary inconvenience but, if you don't have it, you will find you will need it and are buggered without it.
I have unfortunately had to 'make a claim' and I am thankful for the service we have, the nurses, doctors, surgeons and everyone else who makes it work, and everyone paying for it.
Looking at how much my treatment would have cost elsewhere the NHS is a bargain. I can understand why people who don't have that end up selling their houses, being plunged into debt or having no option but to book the undertaker.
I suspect most people will use the NHS at some time in their life and probably will get back a fair share of what they put in even if they don't realise it. Even if people are fortunate enough not to have to call upon NHS services themselves they will likely have family, relatives or friends who do.
I was shocked the other day to learn just how American health insurance works. I assumed you paid each month, and then when ill, they paid out.
Turns out that's not so.
If you've got something they cover, you pay out your deductions first ($2k-5k apparently), and then they pay out ~80% of the cost of the treatment. You still end up having to shell out a fair amount.
I always wondered what people were complaining about and where all the bankruptcies were coming from. I assumed it was people without insurances. Turns out it's not.
It's a terrible system and I can not say a word against the NHS, even on the rare occasions when things haven't gone swimmingly. The amount of work they do, for those that need it, at the price you pay at the point of delivery is phenomenal.
"The huge majority of people won't get back what they pay in but you still pay during the good years just in case you're unlucky enough to need it."
I remember discussing NICU costs with a nurse when my kids blew through the £1 million mark. Each. And they were only halfway there by that point. I think they've already drawn out more than they'll realistically put in!
The NHS is far from perfect, but I'm damn glad we have it. And I'm happy to pay for it.
If we’re going to get that clever over naming our units and start descending into greek like all good engineers on the basis that P >> Pi (can't be arsed to find π in my character map) that would give us Pig.
What's not to like?
It's the uncertainty of the unit hat slightly worries me. We need a clear, complicated, mathematical definition. It's not proper science otherwise. Questions need to be Asked in the House.
Are we venturing into Quantum Theory? Chaos Theory? BOFH Theory? Friday Pubtime Theory?
Given the time-sensitive nature of the value of 1 Pg, I propose he is cryogenically frozen and stored in the International Bureau of Weights and Measures alongside the International Prototype of the Kilogram. We can thaw him out, give him a clean, and let him have a kick about occasionally to ensure future accuracy of the value.
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