Lessons from the first to the latest nation to enact national health insurance.
In 1989, South Korea became the latest country to enact a national health insurance plan. In 1989-91, South Korea experienced a 22 percent increase in health care spending despite instituting the world's highest level of cost-sharing and coinsurance. Now, taking a page from the lesson book of Germany--the first country to adopt a national insurance strategy--South Korea is applying a system of global budgeting that should produce an optimal amount of cost control while preserving consumer choice.
George Washington University.
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Eastaugh
D003365:Costs and Cost Analysis; D003625:Data Collection; D005858:Germany; D005102:Health Expenditures / Q000706:statistics & numerical data*; D006291:Health Policy / Q000191:economics / Q000331:legislation & jurisprudence; D007348:Insurance, Health / Q000331:legislation & jurisprudence*; D007723:Korea; D009310:National Health Insurance, United States; D009313:National Health Programs / Q000331:legislation & jurisprudence* / Q000458:organization & administration; D010934:Planning Techniques; D014481:United States