China to Subsidize Healthcare for Entire Population

[This article posted on January 22, 2009. It is posted within the following categories: Politics & The Law, via Michael Douglas, MD, MBA.]

Free healthcare for all in China, and it will amount to about 17 bucks per person.

China announced Wednesday that it intended to spend $123 billion by 2011 to establish universal health care for the country’s 1.3 billion people. [...] Xinhua, the state news agency, said the authorities would “take measures within three years to provide basic medical security to all Chinese in urban and rural areas, improve the quality of medical services and make medical services more accessible and affordable for ordinary people.”

According to the news agency, the soaring cost of care, poor physician-patient interaction, and decreased access to affordable healthcare were the determining factors.

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