At stake is not just the well-being of millions of Chinese people, but the future of the global healthcare industry. China has set its sights on creating a holy grail healthcare system that satisfies patients’ needs and control costs while still encouraging cutting-edge research—and the world is watching.
Whether it succeeds will affect the future of the global industry.
National healthcare with Chinese characteristics.
ReplyDeleteNot a reinvention of the Holy Grail, but a confirmation that it is a better approach than leaving it to the market.
Hopefully China will challenge some precepts of western medicine that cause needless suffering to patients. And don't forget to invest in prevention. Promoting healthy lifestyles pays off in the long run.
I wonder if China will figure out a way to help fund their HC without taxing their people death?
ReplyDeleteNo, it's taxing them to life, and its much cheaper than private anyway.
DeleteNothing is cheaper than free central fiat. If used for the best interests of the people and assuming no onerous inflation.
ReplyDelete