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[…] my entire post over at the World Health Care blog Posted in China, Globalization, Healthcare, […]

  Mike Pringle wrote @ January 11th, 2008 at 3:17 pm

Similar circumstances that the Chinese are facing that we are coming to grips with in the U.S. I read a piece on this the other day outlining the huge cost associated with their (China) healthcare system. The poor and rural areas as in the US were being left behind. The report mentioned that it was likely China was going to revert to a universal system which it had previously since the free market concept wasn’t working well. Co-payments were actually going to jump by 100% to just over $2.00 - equivalent.

The one issue that seems to be lost in all this in both China and this country is the “cost” of healthcare. Insurance is a form of payment. Granted premiums have balloon but I see this more as an effect of costs. There seems to be little to no focus on why healthcare costs so much.

Thanks for opportunity.

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