The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
Drone strikes attacked an oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday.Marketsread more
Trump said oil would be released if needed to keep the market well supplied and he would expedite the approval of pipelines in Texas and other states.Marketsread more
Saudi Aramco is aiming to restore by Monday about a third of its crude output that was disrupted after drone attacks on two key oil facilities, The Wall Street Journal...Marketsread more
Apple's new iPhones can still send texts, download apps, and make video calls, but the company spends a lot of time and effort marketing its new phones as powerful photography...Technologyread more
Some U.S. manufacturers say tariffs, if targeted, will help address longstanding unfair trade practices like intellectual property theft.Traderead more
Supporters of a $15 minimum wage ballot initiative in Florida argue the state's inflation-tied pay hikes have not gone far enough.2020 Electionsread more
Saudi Arabia shut down half its oil production Saturday after drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's Houthi rebels.Politicsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread more
BlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John...Evolveread more
Canada made a rare appearance in a US presidential debate Sunday when Donald Trump accused Hillary Clinton of wanting to turn America's system into a "catastrophic" single-payer health system like Canada's.
"You've noticed," he said, "the Canadians, when they need a big operation, they come into the United States in many cases, because their system is so slow."
This idea is often floated by critics of single-payer systems like Canada's on both sides of the border.
But the best-available research shows it's simply not true. Canadians are not fleeing en masse to the US seeking medical care.
The most comprehensive look at the issue was published in Health Affairs in 2002. Entitled "Phantoms in the Snow," researchers gathered data on Canadians' use of the US health care system by surveying US border facilities and America's top-rated hospitals about how often they see Canadians seeking health care. They found this happened rarely.
They also tracked Canadians' behaviors by examining data from the National Population Health Survey, where 18,000 Canadians were asked if they sought medical treatment in the US. "Only 90 of those 18,000 Canadians had received care in the United States; only 20 of them had done so electively."
The Incidental Economist visualized that last point quite nicely:
So, the Health Affairs researchers found no evidence for the idea that Canadians are fleeing their health system, and concluded that it's a "persistent myth."
One salient reason they offer: Even if Canadians wanted to flee their system, most probably could not afford US medical care. "Prices for U.S. health care services are extraordinarily high, compared with those in all other countries, and this financial barrier is magnified by the extraordinary strength of the U.S. dollar. Private insurance for elective services, being subject to very strong adverse selection, is, not surprisingly, nonexistent."
As the lead author on the paper, Steven Katz, told Vox, "A hip replacement [in the US] would cost nearly $100,000 out of pocket plus travel and living expenses." Waiting get one for free in Canada is easy compared to that, he added, concluding: "Canadians are happier with their system than we are and life expectancy and other health indicators are higher."
Commentary by Vox health correspondent Julia Belluz. Follow her on Twitter @juliaoftoronto.
H/t to reader Andrew Boozary for tweeting the HA article.
For more insight from CNBC contributors, follow @CNBCopinion on Twitter.