Canada

  • 12.01.14

    Healthcare Systems In The U.S. And Other Countries Explained

    Healthcare in the United States is comprised of a mixture of both private and public components listed below: 1) PRIVATE: About 60% of citizens get health insurance from their employer. 2) MEDICARE: 15% of Americans are covered by Medicare (and most of them are elderly people.) "Medicare is a national social ins...

    Healthcare in the United States is comprised of a mixture of both private and public components listed below:

    1) PRIVATE: About 60% of citizens get health insurance from their employer. 

    2) MEDICARE: 15% of Americans are covered by Medicare (and most of them are elderly people.) "Medicare is a national social insurance program run and administered by the federal government." It is the closest thing to a single payer system in the U.S. The video then explains the differences among the different types of Medicare (A, B, Medigap, etc.).

    3) MEDICAID: Medicaid is a state run program that is supposed to provide care for those at the low end of the social economic spectrum. There are minimum federal guidelines that are set for Medicaid and then each state gets to implement it as it sees fit." The video then explains the Medicaid expansion. 

    4) THE VA: Veterans Health Administration (socialized medicine) and Tricare (private).

    The video ends with the observation that, "Interestingly, while about two thirds of people get their insurance from private companies, only about one third of spending comes from the private sector. In other words, the Government has to cover about one third of people in the United States but has to pay about two thirds of the bill."