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Taiwan vs. US Healthcare

Economics Per. 5

Melissa Weilacher

on 15 May 2013

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Transcript of Taiwan vs. US Healthcare

United Stated of America National Health Insurance (NHI) The Smart Card Nearly one-quarter of all seniors rely on Medicare Advantage, the private health care option in Medicare. Originated as a Paper card Healthcare Troubles of The National Health Insurance "Since 2000, there has been more than one lawsuit for medical malpractice per day in Taiwan…80% of them are criminal suits. On average, one medical doctor is prosecuted in a criminal lawsuit every 10.5 days. On average, one medical doctor is declared as guilty in these criminal suits every 38.8 days. The “conviction rate” of medical doctors in Taiwan is 25.6%, the highest in the world." Taiwan only uses 6.7% of it's Gross Domestic Product on Healthcare, compared to the US who spends 18%. Since Taiwan has one of the most efficient Healthcare services, where/who does the lack of funding effect?? Answer: The Doctors Procedures in the US are anywhere from 25 to 350 times higher than the procedure in Taiwan. Hospitals are known "medical sweatshops" Because of the drastic price reduction, hospitals cannot make enough money to provide medical personnel with a large salary, therefore exploiting their long hours with little pay. ~~Translated from an Online Taiwan Medical Journal vs. Taiwan ObamaCare -Fee for Service
-The patient pays only a small price set by the Bureau of Health Insurance
-The BHI places an expenditure cap in order to prevent over spending
-Providers are contract-based and currently 92 percent of providers are contracted with NHI. - to provide affordable health insurance for all US citizens and to reduce the growth in health care spending.
-All Americans have the option to stay on their current healthcare plans. No one, including seniors, will be forced not to have healthcare
-Employers with more than 50 employees must insure their workers or pay a tax.
-Those who chose to not purchase insurance will pay an income "penalty" tax to help cover the rest of America "In other words, it's a tax, not a mandate; no one is actually forcing you to have health insurance."
--says the Liberals :) There is a uniform fee schedule under a global budget and premium and copayment subsidies for the disadvantaged. There is a high level of public satisfaction
(85.2 percent) with easy access and no waiting lists. Yes...that is a dig at England Card was renewed every six visits Became to costly and wasteful Card Serial Number DOB Photo--no other form of ID needed for Medical Appts Includes:
-Medical Service Info
-Drug Allergies
-Cardholder's records
-remarks for catastrophic diseases
-Use of NHI health prevention programs
-Prescription information After every six patient visits, the card is now updated online for data analysis, audit, and authentication. The reimbursement process has become faster Hospitals and clinics upload electronic records daily to BNHI However, Obamacare makes such deep cuts to that program that half of those covered will no longer be able to keep the coverage they have. Combined, all of these tax increases (including those on employers that do not provide health insurance for their employees and on individuals who do not buy health insurance) will cost taxpayers____?_______ between 2010 and 2019. $503 Billion
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