From what I’ve learned from Chinese users is that they do pay for healthcare and they do have insurance. The insurance is essentially “medicare for all” and covers a ton of expenses. You pay like $70 per YEAR for it. That’s so you can go to the hospital and have a baby for like $10 total, for instance. Additionally, you can get private insurance which pretty much covers everything else. So that’s the system the reformed to.
It is basically if Bernie Sanders won and all his dreams came true to their full fruition.
It is basically if Bernie Sanders won and all his dreams came true to their full fruition.
Exactly. I expect the CPC to do better than a “file off the sharp edges” capitalist.
You live in the bad country because the idea of going to hospital and spending $10 to have a dream, while I think having to spend any money for hospital services is abhorrent.
It’s not exactly medicare for all and doesn’t capture 100 percent of the population, but China did get to 95 percent insurance coverage pretty quickly.
(Not as quick as if you’d nationalise healthcare delivery)
It’s a fair enough criticism, I think. But remember we are contextualizing this through the lens of western capitalism and it does not exist in that environment. I think the comparison is fine but we have to remember that we are merely trying to understand this from a perspective that makes sense to us, which is not exactly how it is existing in reality.
The CPC just opened up the ability for foreign firms to run private hospitals.
I think the first one is a Singaporean real estate company?
Really grim shit and if you literally invite it in, you will find yourself in the midst of western capitalism
Announcement below
China Expands Access for Wholly Foreign-Owned Hospitals: 9 Cities Open for Investment
Following the initial announcement in September, China released a detailed work plan for wholly foreign-owned hospitals in nine cities: Beijing, Tianjin, Shanghai, Nanjing, Suzhou, Fuzhou, Guangzhou, Shenzhen, and the entire island of Hainan. This prompt follow-up demonstrates a strong commitment to opening up the healthcare sector and supporting foreign investment.
On November 29, 2024, the National Health Commission (NHC) together with three other government departments announced the detailed work plan for the establishment of wholly foreign-owned hospitals in nine major cities, including Beijing, Tianjin, Shanghai, Nanjing, Suzhou, Fuzhou, Guangzhou, Shenzhen, and the entire island of Hainan.
This is a prompt follow-up of the pilot policy released in September this year, which lifts bans on foreign-invested enterprises (FIEs) engaging in cell and gene therapy (CGT) in selected free trade zones (FTZs) and permits wholly foreign-owned hospitals in selected cities.
This reform is part of a broader agenda to modernize key industries, including healthcare and telecommunications, by addressing growing domestic demand and encouraging foreign participation.
From what I’ve learned from Chinese users is that they do pay for healthcare and they do have insurance. The insurance is essentially “medicare for all” and covers a ton of expenses. You pay like $70 per YEAR for it. That’s so you can go to the hospital and have a baby for like $10 total, for instance. Additionally, you can get private insurance which pretty much covers everything else. So that’s the system the reformed to.
It is basically if Bernie Sanders won and all his dreams came true to their full fruition.
We live in the bad place.
Exactly. I expect the CPC to do better than a “file off the sharp edges” capitalist.
You live in the bad country because the idea of going to hospital and spending $10 to have a dream, while I think having to spend any money for hospital services is abhorrent.
It’s not exactly medicare for all and doesn’t capture 100 percent of the population, but China did get to 95 percent insurance coverage pretty quickly.
(Not as quick as if you’d nationalise healthcare delivery)
It’s a fair enough criticism, I think. But remember we are contextualizing this through the lens of western capitalism and it does not exist in that environment. I think the comparison is fine but we have to remember that we are merely trying to understand this from a perspective that makes sense to us, which is not exactly how it is existing in reality.
The CPC just opened up the ability for foreign firms to run private hospitals.
I think the first one is a Singaporean real estate company?
Really grim shit and if you literally invite it in, you will find yourself in the midst of western capitalism
Announcement below