this post was submitted on 14 Apr 2024
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It cost Israel more than $1bn to activate its defence systems that intercepted Iran's massive drone and missile attack overnight, according to a former financial adviser to Israel's military.

"The defence tonight was on the order of 4-5bn shekels [$1-1.3bn] per night," estimated Brigadier General Reem Aminoach in an interview with Ynet news.

"If we're talking about ballistic missiles that need to be brought down with an Arrow system, cruise missiles that need to be brought down with other missiles, and UAVs [unmanned aerial vehicles], which we actually bring down mainly with fighter jets," he said.

"Then add up the costs - $3.5m for an Arrow missile, $1m for a David's Sling, such and such costs for jets. An order of magnitude of 4-5bn shekels."

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[–] [email protected] 45 points 7 months ago (1 children)

I keep telling people we already spend more than other places but they don’t get it. Waiting til you’re in the ER with a preventable issue is always going to be the least cost effective

[–] [email protected] 11 points 7 months ago (1 children)

And that’s the reason so many low-income counties are losing their hospitals.

[–] [email protected] 15 points 7 months ago (1 children)

No, that’s because private equity bought them up and drained them. Just like they do with other companies. It’s not the sole reason but it is a reason.

https://lowninstitute.org/the-rising-danger-of-private-equity-in-healthcare/amp/

Hospitals should he government owned, non-profit, etc. they stocks not be private equity owneds.

[–] [email protected] 3 points 7 months ago

Absolutely, but they were first financially extended through the use of required care by people who couldn’t pay their medical bills. Those institutions then preyed on the struggling hospitals.