China Hospital Reform: Health Care as a Public Service
Always good to check in with China’s overhaul of the health care system, particularly in light of the huge debate going on now in the U.S.
The very general trend here is that after much of the public health care system was overhauled back in the mid-80s, with market principles in mind, and people were essentially left to fend for themselves in a fee-for-service system, the pendulum is swinging back towards State subsidization and control.
Those of us who are in the foreign investment biz bemoan State consolidation and control of many industries. In many cases, that is quite troublesome, but in the area of health care, a lot of this reform is welcome and sorely needed.
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© Stan for China Hearsay, 2010. |
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