Healthcare Blogpost

UK


1) Healthcare is funded by taxation.


2) No co-payments (with a few exceptions).


3) Administration costs are low.


4) World leader in preventative medicine.


Japan


1) Average family premium equals $280/month


2) Co-pay equals 30% of the cost of a procedure.


3) Social Insurance system that requires everyone to be insured.


4) Low costs for procedures.


5) Too low of costs to generate growth.


Germany


1) Average family premium equals $750/month


2) Co-pay equals $15 per every three months.


3) Like Japan, Germany has a Social Insurance structure.


4) Sickness funds are nonprofit and can't deny anyone based on pre-existing conditions.


Taiwan


1) Average family premium equals $650 per year for a family of four.


2) Co-pay varies between drug costs and procedures.


3) National Health Insurance system that requires all citizens to be insured. Some groups are fully unsubsidized.


4) Similar to U.S Medicare.


5) System has low costs and low profits.


Switzerland


1) Spends the most money on healthcare.


2) C0-pay equals 10% of the cost of services.


3) Universal coverage.


4) High cost to operate.


5) Best medical outcomes.


Of the countries I researched, I thought Switzerland was the most promising. They require all citizens to be insured, but provide universal healthcare to everyone. Also their overall cost of their healthcare system is significantly less then that of the United States. Their government allows medical care to be very accessible and has very positive outcomes in that department. Lastly their insurance offers reasonable co-payments for services. In conclusion, I think Switzerland has the finest healthcare program.