» redback - Insurance
In response to Insurance posted by BrianTubbs:
We have a national health system, a universal free public treatment system. And the private health insurance industry is regulated by a 30% tax rebate we get IF we're privately insured. Aims to encourage us off the free system. The funds can't increase their fees without government approval nor offer insurance against the gap ie between the doctor's fee and the refund nor offer refunds for certain operations.
The compensation litigation industry has been dealt a body blow with changes to the law greatly reducing liability and payouts. When it comes to the legal industry, all the people facing terrorist charges have access to barristers etc far beyond the ordinary folk's reach.
We have much 'control' here unless you are referring to absolute control, whatever that means. So I'm guessing the USA could do worse than adopt our current system. UNLESS we all get behind the movement to become a republic with a Bush-like President.
-- posted by redback
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