Hgmt Paper Requirements

Healthcare Economics 6-11-15

Pro-Taiwan

Sick around the world pbs special is movie we watched,

UK-Japan-Taiwan-Germany-Switzerland countries need to explain healthcare of.

Contrast other countries healthcare with the United States healthcare.

No one in Switzerland goes bankrupt due to medical care.

Great Britain- longer life expectancy, lower infant mortality, no insurance premium, no fee at all, NHS had to wait a bit but got decent care. Could be socialist for America’s taste, government owns the hospitals. Salary government employees in hospital. Most people would use NHS, and none of them would be presented a medical bill. No medical bankruptcy. Pay higher taxes to cover healthcare. Elective care, hip replacements, heart operations, could be tricky. Patients can choose what hospital to go to. Compete in order to survive, need patients to keep hospital. Have to go to gatekeeper first. Make a bonus for keeping patients. Some think healthcare it too cheap in UK. Too much government for America’s taste.

Japan- 130 mill people. Better national health care than we do, spend half as much as U.S. Healthcare is bargain, 8% of GDP, longest healthy life expectancy, and shortest infant mortality rate. Have to get health insurance policy. Government picks up on the poor. All citizens covered and its cheap. Go to doctors 3 times as much as Americans do. Japanese are highly satisfied with their health system. Longer hospital stays and twice as many MRI scans as Americans and 8 times as much as brits. Prices are all same in Japan. 10 dollars a night for 4. 90 for private room. 50% of hospitals in financial deficit. Japanese spend too little on hospital visits. Increase price a little to save hospitals from going broke.  Low waiting time.

Germany- 3rd richest economy. Bismarck model, everyone offered healthcare. Takes 2 or 3 weeks to get care, just like United States, not as quick as Japan. System where rich pays for the poor, nice social support system. Pregnant woman don’t pay nothing, 10 euros once every 3 months. Unemployed will keep insurance, since they are at higher risk of sickness. Sickness funds do not want to perish they want to survive and grow. Many different choices, and cost is fraction of what is in the U.S. Quality is excellent, no difference really. Germans are satisfied. Drugs are a bargain. Medical school didn’t cost a penny. Insurance companies compete for business.

Taiwan- picked best ideas from around the world.  Poor to rich in about 20 years, we need a rich healthcare system. Worse than United States years ago. Consoled experts around the world, and pick up from what other countries did well, looked at 10-13 countries. They didn’t copy United States which was smart. Wanted equal access, lot of competition within medical providers, national insurance scheme to make everyone pay. Don’t let rich people opt out, one government insure to collect the money. Similar to U.S medicare system for the elderly. No gatekeeper, no waiting time, clinics open on weekends. Have to have a smartcard to go to doctors, bill goes to government insurance office and paid automatically. Lowest administrative costs in the world. Have a chat if someone goes 20 times a month or 50 times in 3 month span. No one goes bankrupt due to medical bills, spend 6.23 percent of GDP. Spend too little, even less of Japan, and don’t pay enough to cover services. Government is borrowing from banks. Reluctant to increase premiums because of political backlash.