Good Neighbor Insurance, www.gninsurance.com, provides international travel and medical cover for those traveling and residing outside the U.S.
Mainland China has made impressive gains in health care reform over the years. Yet 173 million Chinese still faces ‘catastrophic’ health expenses even with these gains. There is a disparity between city and countryside medical care due to the liberalization of reforms that started in 2003.
Sarah Barber, at the World Health Organization’s Beijing office surveyed many Chinese in 2003, 2008, and 2011. She found that over this period insurance coverage increased from 29 percent to 95 percent, which means around 1.28 billion people were covered in 2011. In the same study, it was found that physical access to health to health services was achieved to 83 percent of the population.
Additional highlights of this ongoing study:
- In-patient medical cost reimbursed from health insurance companies increased from 14 percent in 2003 to 46 percent in 2011.
- There is still 173 million of Chinese who face “catastrophic” health expenses in 2011. They amount to around 12 percent of China’s population.
- This survey covered 193,000 people in 2003, 177,000 in 2008, and 59,000 in 2011.
- This survey was questioned by others, like the China Medical Board (CMB) based in Cambridge, Massachusetts. One major reason is because the survey questions were selected and then conducted by a government ministry. More Chinese are voicing the need for China to establish an independent health commission consisting of stakeholders and academics.
Denmark’s employer health insurance that supplements the national health care system will no longer be a personal tax deduction. The employer will be including the health insurance premium that they provide to each employee, as ordinary income. This is going to be shown as taxable income on the employees pay check. Also there is an added 8% labor market tax to the stated premium since this benefit is now being taxed as income. The labor market tax covers national disability and medical insurance programs in Denmark.
Employers with at least one employee must contribute to the health care system by paying for health insurance coverage through the national social security program. Major medical care is covered for free including non-registered hospitals. If medical transportation is required to move a patient from one hospital to another, there is no charge to the patient. However, reimbursement for outpatient, non-emergency inpatient, and dental treatment has medical cost caps. Any cost over the government regulated cost caps will be paid by the patient.
Then there are employers who provide health insurance to cover private health services. Providing private health coverage will have stronger benefits than through the government health care system such as more medical facilities. Also the employer usually allows for an immediate family member to be included under the employer’s private health care policy.
Keep our blog close by you, www.gntravelinsurance.com, for continual updates on global health insurance news. Doug Gulleson loves to scuba dive at Lembeh Dive Resort in Indonesia. He makes sure he has his U.S. health care and overseas travel adventure sports insurance, www.gninsurance.com/extreme-sports.