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It's privatized, but not private like you would think of in the US. For example, insurers aren't allowed to profit off of the basic insurance everyone is requir
by jonknee 9y ago
It's privatized, but not private like you would think of in the US. For example, insurers aren't allowed to profit off of the basic insurance everyone is required to get, they can only profit off of expanded coverage. They also have Medicare-style price controls which is obvious, but not private in the sense we use in the US.
- int_19h 9y agoSo basically the big reason why it succeeds where ACA does not is because it regulates the prices?
- jonknee 9y agoThat along with a real mandate and the fact that Switzerland is a tiny place (similar in population as Virginia, though 1/3 the physical size).
- beat 9y agoI've seen the geography argument brought up for a "Why no national insurance companies?" Apparently, network stuff is so localized that it's very hard to set up a national-level insurance company. Although I suspect state-by-state laws play into it as well. At any rate, the sheer geographic size, plus the large population, plus the legalistic bizarreness of our federal/state divide, leads to a chaotic system, and we can't easily just legislate that away.
- int_19h 9y agoBut why would a national insurance company be a prerequisite for quality healthcare in at least some states?