wow this is like big, wow speechless
\nwow! if this works I don’t know peace nobel for the whole politburo?
\nfrom marginal revolutions blog:<\/p>\n
China policy proposal of the day
\nShouldn’t this story be on p.1 of every newspaper?
\nNow China\u2019s government has unveiled a controversial plan to achieve universal care that would both increase health-care funding and control prices.
\nAs this morning\u2019s WSJ explains, the proposed plan would be quite a shift for China. The draft plan\u2019s overall goal is to cover 90% of the population within two years and achieve universal care by 2020. It aims to return to non-profit national health care, an idea that was largely abandoned in the country 1980s.
\nThis all stands in contrast to China\u2019s current system, which provides little government funding to government hospitals and requires patients to pay heavy out-of-pocket expenses. The WSJ notes that out-of-pocket payments made up more than 60% of health spending in China at the end of the 1990s.
\nThe plan \u2014 drafted in consultation with groups including the World Health Organization, the World Bank, consultant McKinsey & Co. and a few Chinese university-based public health experts \u2014 requires all revenue raised by public hospitals to be funneled to the state. The government also aims to set pricing standards for medical services.
\nMarginal Revolution: China policy proposal of the day<\/a>.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"wow this is like big, wow speechless wow! if this works I don’t know peace nobel for the whole politburo? from marginal revolutions blog: China policy proposal of the day Shouldn’t this story be on p.1 of every newspaper? Now China\u2019s government has unveiled a controversial plan to achieve universal care that would both increase … <\/p>\n