Chemvol
VolNation Labs
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- Oct 20, 2007
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Some interesting snippets from the BusinessWeek article...
Apparently European enlightenment has its limits.
The debate is over. I'm sold. This is what I want.
That's not to say the French have solved all health-care riddles. Like every other nation, France is wrestling with runaway health-care inflation. That has led to some hefty tax hikes, and France is now considering U.S.-style health-maintenance organization tactics to rein in costs.
Apparently European enlightenment has its limits.
So far France has been able to hold down the burden on patients through a combination of price controls and increased government spending, but the latter effort has led to higher taxes for both employers and workers. In 1990, 7% of health-care expenditures were financed out of general revenue taxes, and the rest came from mandatory payroll taxes. By 2003, the general revenue figure had grown to 40%, and it's still not enough. The French national insurance system has been running constant deficits since 1985 and has ballooned to $13.5 billion.
The debate is over. I'm sold. This is what I want.