25 ms·

Switzerland has private insurance just like the US and people I know that live in Zurich love it.

tonfa 4y ago
It's not exactly like the US tho. Basic insurance is mandatory for every resident, insurers can't refuse covererage (no preexisting conditions) and pricing of insurance is transparent (I don't think they can differentiate beyond a few variables). Afaik pricing of medical procedures is defined by government (probably with insurers and practitioners). It's high quality but fairly expensive (relative to GDP or salary vs other European countries)
throw0101a 4y ago
> Switzerland has private insurance just like the US and people I know that live in Zurich love it. Profits are regulated (sometimes down to zero) in CH. Profits are unregulated in the US.
- systemvoltage 4y ago
  Only for the "soziale krankenversicherung" or basic plan. US has a massive free healthcare system called "Medicaid" which is similar to the basic plan for low income individuals and families, the scale of which is unknown to many: > Medicaid is the largest source of funding for medical and health-related services for people with low income in the United States, providing free health insurance to 74 million low-income and disabled people (23% of Americans) as of 2017, as well as paying for half of all U.S. births in 2019. https://en.wikipedia.org/wiki/Medicaid https://en.wikipedia.org/wiki/Medicaid In addition, each state has other provisions. For example, California's Medical system is used by a third of California's population: > Benefits include ambulatory patient services, emergency services, hospitalization, maternity and newborn care, mental health and substance use disorder treatment, dental (Denti-Cal), vision, and long term care and supports. https://en.wikipedia.org/wiki/Medi-Cal https://en.wikipedia.org/wiki/Medi-Cal
- 1123581321 4y ago
  US health insurers are required to spend large majority of revenue paying claims, which does not cap profits absolutely but does proportionately.

It's not exactly like the US tho. Basic insurance is mandatory for every resident, insurers can't refuse covererage (no preexisting conditions) and pricing of insurance is transparent (I don't think they can differentiate beyond a few variables). Afaik pricing of medical procedures is defined by government (probably with insurers and practitioners). It's high quality but fairly expensive (relative to GDP or salary vs other European countries)

throw0101a 4y ago

> Switzerland has private insurance just like the US and people I know that live in Zurich love it. Profits are regulated (sometimes down to zero) in CH. Profits are unregulated in the US.

systemvoltage 4y ago
Only for the "soziale krankenversicherung" or basic plan. US has a massive free healthcare system called "Medicaid" which is similar to the basic plan for low income individuals and families, the scale of which is unknown to many: > Medicaid is the largest source of funding for medical and health-related services for people with low income in the United States, providing free health insurance to 74 million low-income and disabled people (23% of Americans) as of 2017, as well as paying for half of all U.S. births in 2019. https://en.wikipedia.org/wiki/Medicaid https://en.wikipedia.org/wiki/Medicaid In addition, each state has other provisions. For example, California's Medical system is used by a third of California's population: > Benefits include ambulatory patient services, emergency services, hospitalization, maternity and newborn care, mental health and substance use disorder treatment, dental (Denti-Cal), vision, and long term care and supports. https://en.wikipedia.org/wiki/Medi-Cal https://en.wikipedia.org/wiki/Medi-Cal
1123581321 4y ago
US health insurers are required to spend large majority of revenue paying claims, which does not cap profits absolutely but does proportionately.