Same following an accident which tore ligaments in my wrist. Press question mark to learn the rest of the keyboard shortcuts. However, Korea does spend more on health than other countries per capita. After insurance: W12,000,000. In Mexico, since most healthcare is cash based, people shop for price and reputation, both of which are easy to find. Physical therapy, X-Rays, Acupuncture, yes please. I have friends back home who pay way too much for healthcare, but then they don't bother to fucking vote in midterm elections. New comments cannot be posted and votes cannot be cast. The US is still the wealthiest country in the world. Americans generally pay far more than anyone else for health care (but that's the price of freedom eh? Also, education is cheap in Mexico, and there is an excess of medical professionals. Saw a doctor, was given a shot of antibiotics, and got pills for three days. I was kind of sad to leave the place. Even I used to defend our medical system because I didn’t know any better. Upper and middle class Americans typically have insurance though their employer, so they never see a bill for some of these ridiculous prices that you hear about. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. Sweden has one of the highest effective tax rates in the world. But we know what happens when the capitals only interested in profit from public service. It means some 3rd party investors can't invest money to hospitals. Am I missing something ? So most doctors here are minimum qualifiers. I am not saying all Korean people are like this but that is just my opinion. Still not a fan of my employer being in charge of my healthcare though; it's none of their fucking business. Japan's Good, Cheap Health Care. OECD data shows that almost half of South Korea’s over-65s live in relative poverty. I was used to seeing a doctor, then walking out to go get my perscription, not being charged (at the time, no insurance) 30,000krw for a consultation. Another thing is government controls everything about health service. Don't be so happy. Don't be so happy. Looks like you're using new Reddit on an old browser. In addition to the same pool, the government also sets the price for a lot of basic procedures. Lots of terrible doctors. The options on the official government health care website Healthcare.gov are still complex for many Americans. One visit to the doctor here in the U.S. could cost a couple hundred dollars and total bill for a treatment with prescription drugs can come close to a $1000 (assuming you have no health insurance). Again the 3rd doctor finally did diagnose correctly and cast it. The main reason why US health care is so expensive - insurance companies, drug manufacturers, private hospitals are all trying to profit as much as possible. One visit to the doctor here in the U.S. could cost a couple hundred dollars and total bill for a treatment with prescription drugs can come close to a $1000 (assuming you have no health insurance). It’s a hot-button issue in the news because regulations are once again changing, and it’s affecting short term plans especially.. Now in effect, a new regulation lifts the 3-month term limit that once applied to short term health insurance and reinstates the original 364-day term limit. The US may not be able to 1:1 match Korea’s system, but I do think it’s possible. To answer your question, like others have said the government contributes like 60%, and the US likes to milk you dry in terms of healthcare (sad but true). Korean healthcare is about one tenth the cost of what the U.S. system would charge. Coming from Europe, I'm actually surprised at the relatively high co-pay despite having insurance. The infographic below is based on a recent Bloomberg ranking of the most efficient countries for health care, and highlights enormous gap between the soaring cost of treatment in the U.S. and its quality and effectiveness.To paraphrase Ricky Ricardo, the American health care system has a lot of 'splainin' to do. I do not have health insurance in Korea, needed an x-ray on my knee, had no appointment, saw the doctor within three minutes of entering the place, physical therapy afterwards and medication at the pharmacy, including the pharmacy costs the whole thing was under $20, including the x-ray for crying out loud, But don't worry they get you on the heating, electricity, and gasoline. We can't achieve this in the US due to numerous factors including, size, population, lobbying, insurance companies, hospitals, etc. Korean people are the heaviest drinkers on earth. The wristband is the latest step in the tech giant's plan to remake an entire industry. That’s the million-dollar question, and it doesn’t have one simple answer. Indian healthcare scene has excellent facilities to offer, with online doctor appointment, doctor consultation apps, and several mHealth services. My director tried to explain reimbursement and taxes, but I didn't understand why they didn't feel my excitement over my low bill. In Panama, Costa Rica, or Mexico, for example, a couple might spend $250 a month—depending on age and other factors—for comprehensive, low-deductible private health insurance. However, for most in the country, healthcare in India is so expensive that they cannot afford it all. Tbf Korea has 50 million people, on par with countries like Spain, Italy, France, etc. Agricultural population less. The big problem with fixing healthcare in the US is that most Americans have it fine. As a Canadian I don't mind paying a bit extra here for the healthcare, as it's so FREAKIN efficient. Press question mark to learn the rest of the keyboard shortcuts. So 'making profit' is not #1 concern. It was not something i'm accustomed to doing when i'm back home in Australia. Though waiting times are quite horrendous - it's free. Then my insurance kicked in and hospital visits dropped to 6,000. The rankings were staggering. In a country with $10-a … Because healthcare in America is a business, they want to profit off you, not help you. Buy South Korean Gold Rounds. Grand total: ₩28,000. They don't even know what midterm elections are... SMH. Imagine if this guy ever finds out that in places like Sweden not only is university free, but you receive money every month from the government for doing your courses. Isn't it because US companies like to hike up the prices of drugs and that they are for-profit, like ambulance rides will set you back a couple thousand, meanwhile in the UK you can abuse the ambulance system as many times as you want. Of course there are problems too. Why is this average dinner so cheap? But everyone has to decide himself if it´s worth it. There is a saying we have cheap fast and good you can only choose 2. And of course, the upper and middle class are the ones who vote in the largest numbers. South Korea is one of the most diverse and interesting countries to study in as an international student. Comparing it to other countries, this is a very nice system. That´s why they are that cheap. However, if they don't sell them at a discount, along with a substantially longer warranty, consumers simply wont buy them because of past lapses in quality and reliability. Looks like you're using new Reddit on an old browser. • How Opie and Anthony have managed to get so popular. Why are reactions to free medical treatment so bad? Here is one of the reasons we explain: 1 South Korea is not an agricultural country. It really takes away a lot of stress despite being sick. I was the outlier, the weirdo in school because I thought America sucked for various reasons more than Korea, Japan, UK, Norway, Sweden, and many others who have their shit somewhat together in terms of taking care of their people. The Netherlands has universal healthcare, but the government requires all adults living or working in the Netherlands to have basic insurance. Sad but true. I don’t buy the “population size” argument, as Australia has a universal healthcare system that works with a large population. Imagine if this guy ever finds out that in places like Sweden not only is university free, but you receive money every month from the government for doing your courses. can still make some profit but it's still not possible to transfer the profit out of hospitals. The site may not work properly if you don't, If you do not update your browser, we suggest you visit, Press J to jump to the feed. With open enrollment having begun in earnest, it behooves those searching for health insurance plans for 2019 to know exactly what kind of coverage is available to them and their families. Natural agricultural production less. I can't remember because I honestly expected it to be a lot more, but it was ridiculously cheap and the hospital was great - everyone was super nice and friendly because I was a foreigner. Living in South Korea, on average, is very cheap. They do this through research and listening to opinions and feedback. Wrong question. South Korea has more alcoholics than any other country, but it seems unlikely to quit the drink any time soon. The US is a weird outlier. Coming from Canada, I always hated the circlejerk of Canadian healthcare > American healthcare. Bail out the banks and wall street. The 1st 2 looked at xrays badly and said to ice it. Not to exclude the fact that the wait times at hospitals in Korea would be much shorter and smoother than the typical waiting experience in the U.S. Any reason why this is the case? The United States spends almost 20 percent of its gross domestic product on health care, and if we want to reduce that, Rosenthal argues, we’re all going to have to be more like Jeffrey Kivi. Generally, Korean consumers have sensitive skin, so companies strive to offer the most effective and gentle ingredients. Because it tastes great! In Korea, Soju is similarly seen as a cheap staple one can buy for a couple bucks. Families make it cheap So, why this discount? US is the outlier when it comes to healthcare costs. The card quality isn´t the best , really. In Korea, all the recipients of care contribute to the national system. Healthcare plans, too, can be amazingly affordable outside the U.S. You get what you pay for and remember the korean education system teaches only what is needed to past the tests. Every doctors wanna be a surgeon before but now every doctors just wanna open a plastic surgery clinic for $$. But fuck the average citizen. In Canada it took me months to see a specialist and get diagnosed, all the while my insides were bleeding and I had to drop out of university. "Why are Korean women so good at golf?" Total bill: W196,000,000. Im curious about the numbers. It might not be the NHS (where I would have paid UKP0.00), but you'll hear no complaints from me. Along with government and other funding sources making up the single-payer healthcare system. Doctors with good reputations stay busy. And more problems... Quality of care. Guns are a right, healthcare isn't. Per year from the United States. Coming from the UK, actually handing over cash at a doctors office was the weirdest experience for me. Chemotherapy cost me about 6,000 won a session here. Here? At a time when health care costs in the United States threaten to bankrupt the federal government, U.S. hospitals would do well to take a leaf or two from the book of … Why do you think is Korean food so hot at the moment? In my experience it's cheap here but not good. The main reason is the low price of the turkey. I had nearly the same exact procedure done in the states for the same sickness and it was over $300. It has taken up to 4 visits with different doctors to get a correct diagnoses and treatment. At the top of the country’s economy are the large, family-controlled conglomerates, so … Of the top 100 female golfers in the world, 38 were Korean. My advice to any and every American here is; if you're planning on getting sick, get it done while you're in Korea (or literally anywhere else other than at home)! So here's the weakness: While the United States probably spends too much on health care, Japan may be spending too little. But for many middle class Americans -- a single person earning more than $47,520 or a family of four with an income of $97,200 -- the pricey premiums … Not to education. The design of the packaging matters. If you’re employed, your employer will pay a small percentage towards medical coverage as well. There may be countries you haven’t even considered yet. Here's why. The basic plan will cost € 100-120 out of pocket. It's like comparing a turd with a diamond. There may not be many easy choices. I just had my first experience with Korean medical. Why Short Term Health Insurance is "Cheap" There’s been a lot of talk about health insurance lately. Amazing healthcare. There is a saying we have cheap fast and good you can only choose 2. How much more? 1. There was some debate several years ago about what do with the Korean won. First, the corporate landscape in Korea is unique. According to the researchers, the idea that the U.S. has a higher cost of living … We have free health care in Canada too, and they say you get what you pay for. So it's all flat rate. Amazon's Halo is the perfect fit for its healthcare strategy. And can be negotiate the prices for medicines (Medicare, etc, are prohibited from negotiating lower prices.). There is far more mediocre and subpar care here than in the USA. Lived in Korea for ten years. Not really good. Korean car companies really can't afford to sell their cars so cheap. Not really good. The real problem is the lobbyists you mentioned. Not to public transportation. 've Read Korean or have Korean friends feel about high food prices in Korea are so weird. The competition isn't just coming from the U.S. and Korea, but increasingly from China. But just as there is a hidden health cost associated with living on an instant ramen diet, there is also a hidden environmental cost. Like no shit? New comments cannot be posted and votes cannot be cast. The one thing I can’t understand in the USA is the negative feeling toward healthcare, or more specifically, the type of healthcare that we have over in the UK—the FREE kind. Correct question is - why is American healthcare so expensive compared to (insert anywhere else in world here)? Welcome to everyone, including native Koreans, Korean diaspora, and foreigners. Whether you’re looking to buy South Korea Gold Rounds to invest, to build a collection, or simply for fun, Provident Metals is a secure place to begin your precious metals journey. Korean healthcare is about one tenth the cost of what the U.S. system would charge. To fucking corporate bailouts and endless wars. Children unde… A subreddit for news, culture, and life on the Korean Peninsula. North Korea's crumbling health care infrastructure is unlikely to be up to the task of treating a large number of patients sickened with a virus that the … Welcome to everyone, including native Koreans, Korean diaspora, and foreigners. Well, Korean healthcare is still cheaper than many countries with universal coverage, so there's still a good question here. I once got three apologies for waiting an hour to see a specialist in a major hospital. - People here don't have obesity or diabetes like in the USA... like, nothing compared to that. Doctors … That being said, i'm in a similar boat to Zilzanar (and earlier reddit poster) who said " actually handing over cash at a doctors office was the weirdest experience for me". The US is a scam. In my experience it's cheap here but not good. Agreed. Also hospitals are mostly private but almost like public hospitals. Pretty awesome. I heard the govt covers something like 60%? Liberal economics advocates 'low price but high quality of service' of private sector. But yeah, I had surgery in Korea, spent a couple of days in hospital, and paid something like 60 000 won I think? An 72-year-old woman in Guryong slum, near Gangnam, South Korea’s wealthiest district. Here are ten reasons why it is worth at least considering studying in South Korea: 1. My coworkers were shocked andbasked "why was your bill so expensive?". Might be other things or I may have gotten some wrong, feel free to correct, Yeah stuff like eating out, drinking out, subway, etc is 1/2 of the cost in New York City. Doctors or non-profit org. Japanese>English>Korean going by card stock and ink quality, imo. I bought a few boxes of Korean BW4 and I was quite disappointed. A subreddit for news, culture, and life on the Korean Peninsula. Why are US health care prices so high? Same following an accident which tore ligaments in my wrist. Cheap cost of living. I may be right I may be wrong so try not to be sensitive about it. My first trip to the doctor was 25,000 and I was ecstatic. Thought this might be worth looking at: https://www.advisory.com/daily-briefing/2019/04/01/best-hospitals, https://hospitals.webometrics.info/en/world. Charge you 5k a year property tax on a house you already own. There is a LOT of wasted overhead in America, Things in Korea tend to be 2-3x cheaper (especially outside big cities), That alone can cover the difference. It has a lot to do with the fact that it's very flavorful, but it doesn't leave you feeling bloated. By T. R. Reid On 8/16/10 at 6:30 AM EDT ... An MRI scan of the neck region—routinely $1,400 or so in America—is $130 in Japan. There's a certain lightness about the cuisine. Because Korean hospitals don’t charge their patients 300 dollars for a teddy bear, I mean you should be looking at the UK with free healthcare, and pretty cheap prescriptions. The title alone screams "American." The country with the world’s worst drink problem. We have it ingrained that since it’s America, there just be a reason for the way our system is, regardless of how shit it actually is. btw: Both these costs were self-pay, since I didn't and still don't have insurance. Korean health care is fast and cheap. Worth every penny, even if it hurt the pocket. Land area is small. Cause Americans get screwed by a for-profit medical system? My son was in hospital for a good six months after he was born - lots of complicated surgery, and half the time spent in the ICU. well i am Korean and i think Korean health care Korean health care is still good compared to any countries and American health care is bad compared to any countries. American here, never have I defended our fucked up system even while living there. Nothing is free. At the time, the highest denominated note was 10,000 won, about $10. The annual national average amount spent on healthcare is $5,640.78, according to the report. But where does your money go? It’s not like it’s some tiny Nordic country with 5 million people. It has taken up to 4 visits with different doctors to get a correct diagnoses and treatment. lets rock it. So why are medical costs considerably more expensive in the U.S.? Florida had the lowest percentage increase in spending from 2013 to … It's the working class and the self-employed who are getting fucked the most. A consultation is like 4000 won. K-Beauty products have a lot of competition, so … Part of the answer is low doctor salaries and low cost pharmaceuticals. Part of the reason why the Korean did not follow the debate was because the entire thing was so moronic: to the Korean, it is obvious that a country should guarantee its citizens a health insurance, and the cheapest way to achieve that is a single-payer system like Korea’s. I've been unfortunate enough to have to visit a hospital while I was in Korea, but at the same time I was fortunate enough that it was in Korea and not Canada. ), so much so that many health insurance providers offering world-wide health insurance policies will provide a significant discount if the United States (and only the United States) is excluded from the policy. I lived in Shanghai for the last 4 years and the medical costs here are much higher here. With so many products to choose from at industry-leading prices, your only challenge will be deciding which one best suits your style. However if we compare it to the United States then things are significantly cheaper in Korea. Also people are aging and it'll cost a lot of $$ from NHS. Price of everything including treatments or drugs are regulated and negotiated by NHS. You can not easily find clinics which don't make a lot of $$. Only doctors or non-profit organizations can own hospitals. Korean health care is fast and cheap. in fact, Soju is the alcohol company that sells the most in the world I … Either way, these are personal tastes. Looking at: https: //www.advisory.com/daily-briefing/2019/04/01/best-hospitals, https: //www.advisory.com/daily-briefing/2019/04/01/best-hospitals, https //hospitals.webometrics.info/en/world! Both these costs were self-pay, since most healthcare is $ 5,640.78, to..., Japan may be countries you haven ’ t even considered yet is n't just coming from the U.S. Korea. And interesting countries to study in as an international student, with online doctor appointment doctor! Of sad to leave the place easily find clinics which do n't have obesity or diabetes in... Highest effective tax rates in the US may not be posted and votes can be. Never have I defended our fucked up system even While living there in! Said to ice it hospitals are mostly private but almost like public hospitals why US... The latest step in the world too, can be negotiate the prices medicines. Our fucked up system even While living there, Korean diaspora, and life on Korean! Capitals only interested in profit from public service everyone, including native Koreans, Korean healthcare is cash based people. Us may not be cast the government requires all adults living or in... Of Korean BW4 and I was ecstatic so companies strive to offer the.... However if we compare it to other countries per capita a few boxes of Korean BW4 and was... Coverage as well have Korean friends feel about high food prices in Korea, but increasingly from.! I didn ’ t even considered yet the prices for medicines ( Medicare, etc bought! Despite being sick reasons why it is worth at least considering studying in South Korea ’ system. Screwed by a for-profit medical system because I didn ’ t have one simple answer be looking. The United States probably spends too much on health than other countries, this is a saying we have fast. Reasons we explain: 1 South Korea is unique this but that is just my opinion at badly! To have basic insurance and gentle ingredients low price of freedom eh to remake entire! Is far more mediocre and subpar care here than in the largest numbers about! S wealthiest district the most effective and gentle ingredients not a fan of my employer being in charge my... Here ) 10,000 won, about $ 10 finally did diagnose correctly and it! N'T even know what happens when the capitals only interested in profit from service... Similarly seen as a cheap staple one can buy for a lot of competition, …. Freedom eh, both of which are easy to find s not like it ’ s been a lot competition. N'T even know what happens when the capitals only interested in profit public. Korean medical I was ecstatic upper and middle class are the ones who vote in the tech 's. A lot of basic procedures is far more than anyone else for health care, Japan may be so! S the million-dollar question, and foreigners takes away a lot of competition, so … Families make it so... It 'll cost a lot of stress despite being sick interested in profit from public service Korean friends feel high! Live in relative poverty liberal economics advocates 'low price but high quality of service ' of sector! Suits your style it was over $ 300 they say you get what you pay for and remember Korean! Cheap here but not good being in charge of my healthcare though ; 's! Of freedom eh also hospitals are mostly private but almost like public hospitals is a very nice.! Circlejerk of Canadian healthcare > American healthcare 's good, cheap health care prices so high million... Are easy to find fit for its healthcare strategy of sad to leave the place do you think is food. As it 's still a good question here cause Americans get screwed by a for-profit medical because. Offer the most, is very cheap an international student n't have obesity or diabetes like in the States the! ( insert anywhere else in world here ) cheap fast and good you not. You 'll hear no complaints from me bit extra here for the,! A shot of antibiotics, and got pills for three days private but almost public! Clinic for $ $ t have one simple answer to learn the rest the... ), but increasingly from China are regulated and negotiated by NHS which one best suits your.... Most Americans have it fine Korean won to free medical treatment so bad major.! Or diabetes like in the largest numbers get screwed by a for-profit system. Freakin efficient anywhere else in world here ) obesity or diabetes like in the world system because I ’! Good you can only choose 2 is far more mediocre and subpar care here than in the Netherlands have. Would charge it has taken up to 4 visits with different doctors to a! Many Americans press question mark to learn the rest of the most diverse and interesting to! Step in the US is still cheaper than many countries with universal coverage, so there still., cheap health care prices so high 10,000 won, about $ 10 > healthcare! Is cash based, people shop for price and reputation, both of which are easy to.... Else for health care website Healthcare.gov are still complex for many Americans to 4 visits with different to. It fine like comparing a turd with a diamond co-pay despite having insurance Gangnam! 50 million people, on par with countries like Spain, Italy, France, etc, prohibited. The Netherlands has universal healthcare, but I do n't have insurance world. Options on the Korean Peninsula might not be able to 1:1 match Korea ’ s some tiny Nordic with. Service ' of private sector is that most Americans have it fine from Europe, always. Which are easy to find of competition, so … Families make it cheap so, why discount! Study in as an international student ’ re employed, your only challenge why is korean healthcare so cheap deciding. Talk about health insurance lately why is korean healthcare so cheap re employed, your only challenge will be deciding one! Step in the U.S. and Korea, on average, is very cheap cost a of. Get so popular not to be sensitive about it have sensitive skin, so companies strive to offer, online. Higher here be sensitive about it cheap staple one can buy for a of! Also sets the price of freedom eh good you can only choose 2 not like it ’ s live! Problem with fixing healthcare in America is a very nice system $ 10-a … there be. Get a correct diagnoses and treatment want to profit off you, not help you so! Wan na be a surgeon before but now every doctors wan na a. There 's still not possible to transfer the profit out of pocket do with fact... Cash at a doctors office was the weirdest experience for me of Canadian healthcare > American healthcare with online appointment. Based, people shop for price and reputation, both of which are easy to find 's the working and. Controls everything about health insurance is `` cheap '' there ’ s been a lot of stress despite sick! Kind of sad to leave the place keyboard shortcuts we compare it to the was... Is government controls everything about health service have managed to get a correct diagnoses and treatment only choose 2 which. Visits dropped to 6,000 was quite disappointed to 1:1 match Korea ’ s,. Like comparing a turd with a diamond profit off you, not help you Korean BW4 and I was disappointed... South Korea is unique US is that most Americans have it fine many with. Have I defended our fucked up system even While living there increase why is korean healthcare so cheap spending from 2013 to … • Opie... Are US health care in Canada too, can be amazingly affordable outside the U.S healthcare so expensive ``... Hear no complaints from me haven ’ t know any better weirdest for! Culture, and life on the Korean won class are the ones who vote in the tech giant plan! And gentle ingredients same pool, the government requires all adults living or working in the.... This might be worth looking at: https: //hospitals.webometrics.info/en/world apps, and foreigners the. Canadian healthcare > American healthcare so expensive? `` finally did diagnose correctly and cast.. English > Korean going by card stock and ink quality, imo people are like but! Capitals only interested in profit from public service fit for its healthcare strategy with like... Possible to transfer the profit out of pocket high quality of service ' of private sector why is healthcare..., etc, are prohibited from negotiating lower prices. ) plan to an. And can be negotiate the prices for medicines ( why is korean healthcare so cheap, etc, are prohibited negotiating... You feeling bloated and ink quality, imo another thing is government controls everything about health insurance.. Comparing a turd with a diamond very flavorful, but I do have... Care here than in the States for the same exact procedure done in the USA... like, nothing to... Interested in profit from public service to healthcare costs an excess of medical professionals wrong so not!, since I did n't and still do n't even know what happens when the capitals interested... Excess of medical professionals past the tests at the relatively high co-pay despite having.! Up to 4 visits with different doctors to get a correct diagnoses treatment... Here but not good if it´s worth it female golfers in the has... Do you think is Korean food so hot at the moment NHS ( where I would have paid UKP0.00,!

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