Quote:
Originally Posted by Minte
As long as there is someone left to innovate. The short answer is that without profits and rewards a society is destined to get very stale. If the pharma industry was state owned do you think most of the incredible advances in medicine we've enjoyed over the years would've happened? I don't.
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no one said anything should be state owned - and i was only talking about health insurance companies, not pharma etc
i am not saying the system in Germany is the greatest ever, it also has flaws and they are battling increasing premiums.
but they have a system of public and private health insurance companies, the public ones cannot make profits and the private ones have to compete with the public ones and therefore cannot be much more expensive or have to offer better coverage in return.