Our family live in a socialist country as seen through the US American lens: Germany. Germany is interesting, depending of your annual income and your work con

Our family live in a socialist country as seen through the US American lens: Germany. Germany is interesting, depending of your annual income and your work contract, you can either go with a private health insurance and a public health insurance. Only about 10% of the population is going with the private system. Once you decided to go private, you cannot go back to the public insurance. At the moment, a lot of people regret their switch to the private system, because with low interest rates, the insurance costs have been increasing drastically. In fact, proponent of a total privatization of the German health insurance system are now backtracking and thinking about the reverse, stopping the private system (but if the interest rates rocket again, I suppose the private system will make money again). For that, Germany is pretty interesting as it allows observation of two parallel systems within the same country with the "best case scenario" for the private system because only rich people and state employees are allowed to go with a fully private health insurance. My personal opinion is that health insurance like education is a basic "right" but this has nothing to do with the effectiveness of one approach or another, just an opinion.