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Old 12-19-2013, 01:16 PM  
Minte
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Join Date: Jun 2001
Location: Madison
Posts: 7,081
Quote:
Originally Posted by MaDalton View Post
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.
Insurance company profits are only a part of the problem. Hospitals over charge, equipment manufacturers overcharge, pharma over charges, some may say doctors, nurses and staff make too much. Just eliminating insurance company profits isn't any kind of a fix for the system here.

Just curious, at what rate is the average German taxed on their income? And do they pay property tax? Sales Tax? I know they have a inheritance tax that's outrageous.
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