How can it be?
See the full DW article here
The following video on the German health care system is a must view, folks.
Take the 10 minutes and watch.
If not, study the charts.
The German system is completely private consisting of two plans: 1) SHI — Statutory Health Insurance — for those making under $60k per year, is made up of a highly regulated sector of competing not-for-profit private companies, and 2) PHI – Private Health Insurance.
Upshot
Better healthcare at a lower cost. Ich bin ein Berliner, baby!
You listening Amy, Mike, and Pete?
Hat Tip: Roro @rorotrader
Germans Much More Satisfied Than Americans
Less Than U.S. Health Care
Two-Tier System – Public and Private Options
Less Wait Times
Much Lower Prohibitive Costs
Source: All Charts Are From The CNBC Video