The grim prediction comes from K Krithivasan, head of Indian IT giant Tata Consultancy Services (TCS). The second-largest company in India by market cap, it has more...
Just to note, it’s not free, it’s not magic, it’s just better regulated. I’ve lived in a few countries with socialized healthcare, and we still pay insurance. It’s just a lot less since we don’t have to cover ever-increasing insurance profits, and there is no such thing as “out of network” as long as you don’t leave the country (and the rest of the EU).
My premium is 116 EUR for full coverage per month, with no maximum coverage or any other fees, and every healthcare institution in the EU is going to treat me for that in an emergency, for no additional charge. If I need extended treatment, I will get transported to the institution that’s most convenient for me (and thus, the system), and be treated there. Dental, mental healthcare included.
I still pay for some OTC medicine, but prices are kept low.
It’s not magic, but there will never be a life saving treatment that ruins you financially here in the EU. And travel insurance is dirt cheap here as well.
Your premium is 116 EUR per month, plus the taxes people pay – which are much higher in those countries.
You have also traded your freedom.
The UK is currently talking about banning tobacco entirely in the name of reducing health costs despite it being a part of many cultures ceremonies and traditions. New York is still trying to control soda sizes in the name of public health. Canada now offers suicide as an option for people who would have a long (and costly) treatment with low probability of improving health.
Just to note, it’s not free, it’s not magic, it’s just better regulated. I’ve lived in a few countries with socialized healthcare, and we still pay insurance. It’s just a lot less since we don’t have to cover ever-increasing insurance profits, and there is no such thing as “out of network” as long as you don’t leave the country (and the rest of the EU).
My premium is 116 EUR for full coverage per month, with no maximum coverage or any other fees, and every healthcare institution in the EU is going to treat me for that in an emergency, for no additional charge. If I need extended treatment, I will get transported to the institution that’s most convenient for me (and thus, the system), and be treated there. Dental, mental healthcare included.
I still pay for some OTC medicine, but prices are kept low.
It’s not magic, but there will never be a life saving treatment that ruins you financially here in the EU. And travel insurance is dirt cheap here as well.
Your premium is 116 EUR per month, plus the taxes people pay – which are much higher in those countries.
You have also traded your freedom.
The UK is currently talking about banning tobacco entirely in the name of reducing health costs despite it being a part of many cultures ceremonies and traditions. New York is still trying to control soda sizes in the name of public health. Canada now offers suicide as an option for people who would have a long (and costly) treatment with low probability of improving health.
Pretty soon you’re setting a death age because old people use most of the healthcare. They make a Star Trek TNG episode about this. http://en.wikipedia.org/wiki/Half_a_Life_(Star_Trek:_The_Next_Generation)