সোমবার, ৩০ এপ্রিল, ২০১২

How Overpriced is US Health Insurance? ? naked capitalism

Over the past few years China has been building a massive socialized health care infrastructure that is aiming to deliver free local health services to 99% of the population. It is comprised of a massive network of clinics and small hospitals. So China has socialized medicine.

I have had experience with the socialized health care systems of Eastern Europe (former communist nations), all of which provide adequate services to 100% of their population with no insurance premiums. Because these nations are in the EU, the treatment plans are the same as those in Western Europe, they use the same drugs and procedures, and treatments for major illness (i.e., cancer) are usually initiated without delay. There isn?t much ?traditional? medicine in Eastern Europe ? the treatments are usually similar to those in the US.

The only problem is that these nations have been under vicious and sustained attack by foreign neoliberal agencies such as the IMF, World Bank, and the European Commission that have been demanding massive cuts in health care expenditures and privatizations, which have led to a serious decline in the quality of these systems. These demands are being made in order to pay foreign banks, by the way. So there has been a chronic shortage of funds and equipment in Eastern Europe, not to mention that doctor salaries are ridiculously low.

However, I believe people in Eastern Europe are not going to take this lying down. A few months ago people in Romania protested violently when their neoliberal president attempted to privatize their emergency medical system. He backed down, and a new prime minister was chosen, however, the very next day, the demon from the IMF that goes by the name of Jeffrey Sachs, flew in from Washington and demanded that austerity programs continue unabated in Romania, this to the dismay of the entire Romanian nation. But I think people like Jeffrey Sachs forget how the Romanians handled their last dictator.

I believe the people in Eastern Europe are far tougher than the Greeks. The Greeks have lost their fight, and are now doomed. But I don?t think Eastern Europeans, who fought against and defeated the evils of communism are going to let the EU and the Washington Consensus destroy their countries and their lives much further.

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