Tip Posting |
My Postings (11600) | My Reviews (11)
| My Profile
| View Source
Quote: (Analbumcover g Feb 02 2013, 11:05 AM)
Sidenote: The gun lovers love to bring up Switzerland and yet Switzerland according to them would be a socialist hell hole with their universal health care and government regulation and subsidization of education.
You realize that the "universal health care" system in Switzerland is pretty capitalist in its model, right? In fact, it works pretty much like car insurance does here in Canada (at least in most provinces) -- you're required to have a certain minimum coverage, but you can choose any provider you want based on deductibles, additional coverage, price, etc.
Swiss citizens buy insurance for themselves; there are no employer-sponsored or government-run insurance programs. Hence, insurance prices are transparent to the beneficiary. The government defines the minimum benefit package that qualifies for the mandate. Critically, all packages require beneficiaries to pick up a portion of the costs of their care (deductibles and coinsurance) in order to incentivize their frugality.
99.5% of Swiss citizens have health insurance. Because they can choose between plans from nearly 100 different private insurance companies, insurers must compete on price and service, helping to curb health care inflation.
Now compare that to the model here in Canada, where healthcare costs whatever the government says it costs, and you have to pay, period, and you have no choice to pick a package that is tailored for your individual needs.
Switzerland gets it right, but not because they're hardcore socialists. They understand that the capital market provides choice and cost-competitiveness.
This message was modified by the poster at 02 02, 2013 12:38 PM