Some people have been asking me about the Hong Kong healthcare model. And seeing as how US Republicans love to point our way whenever they want to “prove” that flat taxes and laissez-faire capitalism works a treat and the US should copy it, whilst conveniently ignoring the fact that we have
socialized medicine, public housing and govt investment in
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The other thing too is that, on the whole, people in Hong Kong are generally way better at saving money than Americans. So even where the insurance companies fall short, the majority of people can cover the shortfall somehow - not always painlessly (so to speak), but not to the point of having to declare personal bankruptcy.
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