WHATS IN IT FOR THE GOVERNMENTs and THE PATIENTS Europe vs America European system costs 11% of GDP against 19% in the USA EU HEALTH CARE IS ALL INCLUDED THE USA NOT USA life expectancy is 42th in the world on the world ratings. WHATS IN IT FOR THE EU PATIENT? If you pay taxes, as an individual, and contribute to the central government “POT” (the community POT of money). You are covered for all treatment, hospital costs, surgery, drugs, implants, chemo, post op therapies, cost of prescribed drugs, specialist and normal GP doctors bills, specialist bills etc etc. (There are some small exceptions.) You dont have to look at the small print of coverage. Its all included, pocket your credit card.. you dont need it. You dont have to pay in advance NO Paperwork The system is rated as better than the American system as nobody is excluded and the system covers 99% of all patient needs. THE EUROPEAN SYSTEM: HOW IT WORKS: All european health systems are government run and are simple systems . It is a central, run by the govenment covering all healthcare needs for the population and is non profit , universal, and also internationally recognised between all EU countries. The EU underlying system is through fiscal residency of a person, (ie you pay into the employment tax system of the country you live and into health system, if you are registered or unemployed you are covered) Simply put, each person pays into the THE GOVENMENT POT as a % of individual pay packet contributions where you are employed Importantly even if you are unemployed, but registered, you control illegal immigration. Illegals get no benefits, unless humanitarian emergency. Importantly you are still covered. you as a patient get equal rights and coverage across Europe. The EU system is state run, and covers everyone, from birth to death and costs half of the USA system. Therefore in the USA a % of the health cost is based on profit to be paid out in dividends. Additionallly not all people in the USA are covered, (approximately 15%) Its a Bum deal for Americans. It costs 8-9% of GDP more than Europe HOW IT IS MANAGED: In America USA, the health system is profit run for the most part and privately handled. Patient care is secondary to profit for 50% of coverage. The European state (country) is the employer of all health staff, doctors, nurses, etc. Central government then covers the hospitals costs through a system which keeps the hospitals covered for the expenses of each patient. If we compare the EU to the USA structure in terms of cost to GDP, Europe average 11% of GDP to the USA 20% of GDP, (2019) with the EU at 99% coverage and with improved life expectancy rate, compared to the USA. Central Government in each country collects the money through the taxes you pay as a citizen, and redistributes it (generally) to regions ,hospitals, and doctors etc which then distributes the funds to the health system used by the patient. The Government also allows the private sector to operate under the public system, to build hospitals, run them privately. Each country allows this in different rules, like Germany/UK/France etc. They are then licence them to operate by the government. But importantly, the patient who pays to the state contributions through his salary, has equal rights to access all hospitals. 10-15 % of the EU health system is private If you wish to pay an additional supplement to the state system, you are allowed to do this into to the private scheme on top of your mandatory state payments so you get private health care coverage. But you cannot opt out of the central system or add to it. Most of people dont have the means or desire to pay private insurance policies. So the state system is better for them. WHATS THE BENEFIT Basically the EU system covers 99% of people and costs the half of the USA system. In addition to this, with the EU system, if you pay contributions to the health system in the UK or France, you can have full medical care in other countries , Germany, Italy, Hungary or any other of the 27 states etc. If you lose your job, you will still be covered. you just pay less to the system as unemployment reimbusement to you is less, so you pay less, but the more you earn at work, the more you contribute to the central system. Its based on % of earnings. These European systems are based on the old and original UK system, The National Health Service, abbreviated to NHS, was launched by the then Minister of Health in Attlee's post-war government, Aneurin Bevan, at the Park Hospital in Manchester. Aneurin Bevan, Minister of Health, on the first day of the National Health Service, 5 July 1948 at Park Hospital, Davyhulme, near Manchester. THE REAL ISSUE 1. EU Health is non political, non profit, more efficient and cheaper that the USA system, 2. BETTER in many ways, as the patient is first, and health has no “profit COST”. 3. It reduces the cost to the Government. (11% against the USA 20% per year GDP) 4. Its not fragmented. Its coverage is national, and for all. 5. If you are REGISTERED as a TAX payer, you have no problems. 6. If you are clandestine, then you get some emergency humanitarian services only. Thus the authorities know who you are and send you home after. Thanks for the comments!!!!
Thank you for taking the time and making this video. Great help for me! Keep doing such wonderful work in the future also. Good luck with your upcoming updates.
Hey! Thank you for taking the time to make this video! It's so clear to understand and the pictures just help me broaden my understanding. Thanks again! You're the real MVP! :D
It seems that Medicaid can pay for many things that Medicare and private insurance don't pay for such as eyeglasses, hearing aids, and medical alert systems. It seems that people with lower income get better benefits than people who pay for their benefits.
Could I use this for a presentation I am doing at my Nursing School? I'm presenting on the challenges and cost of healthcare and how it plays a part in our role as Nurses and this would be so helpful in explaining the differences between Medicare and Medicaid.
Ooh you might want to consult with a medical coder that does injection and infusion coding. That has nurse impact all over it, A nurse CDI can also be very helpful here. (There are coder ones too)
Thank you for the video, I am in my fourth year pharmacy rotations. I have a homework to do on medicare and medicaid and this video really helped me understand more.
All Stores Please lower the price of all Military and Local for all brands of Medicaid Products and Accessories and Production Cost Now That's too much $$ The Whole World Now Pray
Can you provide an example of the type of drug that is covered by part D? If it's not inpatient, and not outpatient, then what other prescription drugs does a patient have access to? I have found a few sources that contradict what this video says on part D: www.medicareinteractive.org/get-answers/medicare-basics/medicare-coverage-overview/medicare-part-d If you can clarify I'd really appreciate it!
Thank You so much for explaining the difference between the two different programs. I just started on Medicare it was so confusing, when picking my part c plan, when comes to renewal time. Thank You
Could you talk about Disease Related Groups (DRGs), Prospective Payment System (PPS) and Ambulatory Patient Classification (APC)? Diagnosis and billing codes?
I enjoyed watching your videos, it explains everything in detail, the video is very interesting and effective. Thank you and good luck with the upcoming videos.
Hi! This video was incredibly informative! Thank you for creating it! The content was great. I think one way you can improve the video is by adding punctuation to the closed captions, so that it is more accessible to a wider audience. Without punctuation, the content of the video is not as easy to understand and is difficult to follow. Adding punctuation would make this video more accessible to someone who is deaf or hard of hearing. Thank You!
Wonderful skills to train. I have never seen one ..... Still wonder why less ppl watched. We should start sharing and encourge such creative personalities for our benefit in turn. Hats off to you sir....👍👌 I had read and watched so many videos so faf related to this topic.... finally i clearly understood and can continue to remember my understanding 👏
Can anybody help me? I really want to get insurance and I haven’t been to the doctors since I was like 10 I’m 22 now. Anyone know how to get health insurance?
Applying for Retirement is somewhat complex for elders. Not sure why they can’t just make all Medicare like C which combines everything but they have to divide to a b and d
When the Alabama State Trooper puts in 25 years and retires , know that if his wife is disabled she is removed from the family coverage . Which is so heart breaking for my family . His wife had part A and probably never used it. But to be able to get coverage you have to figure out how to jump through so many hoops . She then has to apply for part B at this point . She has significant amount of medical issues going on that requires lots of meds, testing, labs, facet procedures every 6 weeks and see different specialist at least once a week (and have to drive 2hrs to these specialties . State Trooper was signed up for a Retirement Seminar however it was cancelled due to COVID . The only way we knew is by the surgical unit called the morning before my procedure and also my pharmacist called she was trying to fill a script and it wouldn’t go threw because I didn’t have any insurance .. I am disabled and all of this is so overwhelming for us .
Hi , we have just obtained green card and moving to US shortly, can you please guide us what sort of economical and best health insurance go for (aged above 65 and in state of Arizona)
I've been trying to get my Korean wife enrolled through Medicare. However, since I am a retired service member in Korea and my wife is Korean they said I have to go through the US Embassy in the Philippines. I started in March 2021 and some of the delay was sending certified mail to Manila. I did that through a military postal service. It took a month to get to Manila, the Philippines and sat there for 3 months due to a lock down. Finally around October the Medicare section in Manila said all the correct paper work was done and was sent to the US for processing. My wife still hasn't received anything and now it has been 11 months and 2 weeks since we have started. I contacted Medicare in the US but they said I have to check with the US Embassy in the Philippines. However, the US Embassy says they have to wait for Medicare to finish in the US. Talk about lazy, worthless and incompetent people. As a retired US Army service member, I was proud to serve my country. My only regret is that we also serve and protect those who could care less about us.
Are there more contents for subscribers. Pls answer, you guys are my best teachers. (I am a medical doctor preparing for my postgraduate(residency) exam.
Medical coder here. For most intensive purposes this is generally accurate. There are exceptions. The hospital facility rate is actually paid under a different system than the professional charges. The professional charges generally involve the doctor and what they do specifically. A chest x-ray falls under the inpatient or outpatient prospective payment system if they were admitted or on hospital property. There is also a three day window where any studies related to the inpatient stay are also bundled, unless the hospital can prove otherwise,
The biggest problem with Medicare and Medicaid is the pitifully low reimbursement rate for claims paid to medical providers. This is a major reason why younger people on group health insurance have such high premiums and why medical costs are so high. Doctors had a huge invest in the education cost and their skill rare skillset they have demand that they get paid a very handsome wage in the market which the government programs insult them with.
