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Health Insurance / Medical Insurance News

China Seeks Its Own Health Reforms

Main Category: Health Insurance / Medical Insurance
Also Included In: Public Health
Article Date: 10 Nov 2009 - 4:00 PST

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The Chinese are also trying to change their health care system, but as the United States tries to extend insurance to all, "China is simply attempting to provide a modicum of coverage for its people," Reuters reports. The Chinese are also trying to stop the hospital system's "reliance on peddling drugs to earn revenue. … One illness can ruin a Chinese family, driving everyone - from well-paid white collar employees at foreign firms to migrant construction workers and hard-scrabble farmers - to save around 40 percent of household income for a rainy day." Chinese economists argue that lowering costs could allow the Chinese to spend more of their disposable income and ease tensions with Washington over the trade deficit (Hornby, 11/8).

This information was reprinted from kaiserhealthnews.org with kind permission from the Henry J. Kaiser Family Foundation. You can view the entire Kaiser Daily Health Policy Report, search the archives and sign up for email delivery at kaiserhealthnews.org.

© Henry J. Kaiser Family Foundation. All rights reserved.






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