Fareed Zakaria in his column in TIME enlighten me on OBAMACARE. I came to realize that what he was writing on OBAMACARE is exactly what our PHILHEALTH is today; government sponsored healthcare, covers the whole population by law, cheap but not enough to cover hospital cost.
If the medical care of the US today sucks, much more would it be when OBAMACARE will take effect the same as our PHILHEALTH. Filipinos expect their PHILHEALTH will cover everything to find out later when they are admitted that it only pays 1/3 of the hospital cost. If they would get cheap health insurance same as our PHILHEALTH, they should not expect anything. Though our PHILHEALTH covers almost everyone, it covers less and less diseases same as an HMO. It is starting to choke the professional fees of doctors and repayments of hospitals. Yes, Switzerland and Taiwan have the best healthcare. But more and more companies are scouting for a place to transfer because of their overhead cost on employees' healthcare.
If the medical care of the US today sucks, much more would it be when OBAMACARE will take effect the same as our PHILHEALTH. Filipinos expect their PHILHEALTH will cover everything to find out later when they are admitted that it only pays 1/3 of the hospital cost. If they would get cheap health insurance same as our PHILHEALTH, they should not expect anything. Though our PHILHEALTH covers almost everyone, it covers less and less diseases same as an HMO. It is starting to choke the professional fees of doctors and repayments of hospitals. Yes, Switzerland and Taiwan have the best healthcare. But more and more companies are scouting for a place to transfer because of their overhead cost on employees' healthcare.
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