The High Cost of Health Care (Part 2)

The cost of healthcare in this country is multifactorial, to name a few, they are excessive administrative network, non-regulated drug costs, pharmacists (do we need that many), complicated insurance system. I came from Hong Kong and the system in that place is similar to the universal healthcare that is also found in England and Canada, that system is basically a nationalization of healthcare. That is one of the choices, they also have doctors in private practice, and patients can buy health insurance if they want to have a higher quality and prompt healthcare services. No matter what, they costs of medical care is so much less than those in this country. I have a family of 4 and I pay more than $1000 a month for services I do not use too much. In Hong Kong, I did not pay any insurance, if someone is sick, we go to private doctors and they only charge the amount that is similar to my co-pay. To be frank, the quality of the medical treatment between SD and Hong Kong is comparable but the costs is unbelievably high here. We need to really study the possibility of universal healthcare. Thank you.

August 4, 2009 at 9:50 a.m. ( permalink | suggest removal )