Friday, May 16, 2014

Health Care

-The United Kingdom uses a system called socialized medicine. This system is funded by taxation, and people other than the elderly and children have to pay small co-pays for their treatment. However, the downfall is that sick citizens must see their general practitioner before advancing to a specialist doctor and that causes a lot of waiting around for an appointment.
-Japan uses a system called social insurance requiring all citizens to participate in getting health care. They can go to whichever doctor they'd like, but must pay $280 a month. Japan has been so good at keeping cheaper prices on surgeries that the only complaint now is that they could spend a little more.
-Germany created the social insurance policy that Japan uses. However, Germans must buy their insurance from private sectors. The country uses a single-payment system so doctors feel slighted in payments and patients may have to pay more to see specialists.
-Taiwan also requests health insurance for all their citizens, but there is only one government-run insurer. There are small co-pays to pay. But Taiwan has the lowest administrative costs due to smart cards, cards dating medical history for each patient. Perhaps, it's also because they don't charge enough and are therefore suffering in debt.
-Switzerland has one of the second most expensive health care in the world, behind the U.S. They also use a social insurance policy and assign a company to the few citizens who don't already have insurance. Insurance companies can't make money off their patients, but supplement insurance, such as drugs, can adjust their prices to make more money. 

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