Benefits Of Costs For Health Care Essay

1217 Words Nov 15th, 2015 5 Pages
Unlike in the United States, people who are living in poverty do not have to worry about whether they can afford healthcare. Those who make less than $68,336 a year automatically receive benefits through SHI (Clarke & Bidgood, 2013). Premiums are based on financial ability rather than age, gender or certain health risks (Rychlik, Guntertgomann, Kilburg, & Frazier, 2000). Low-income households are only required to pay 1% of their income out-of-pocket compared to the 2% that other households are required (DiPiero, 2004). In addition, they have low or no deductibles and their co-payments are waived (DiPiero, 2004). Those who are unemployed and receiving assistance from the government, contribute a portion of their entitlement to health care (Blumel & Busse, 2015). The government pays on behalf of citizens who are unemployed for the long-term (Blumel & Busse, 2015). If a person loses their job, they do not lose their benefits. Rather they and their families continue to receive the same coverage (DiPiero, 2004). When a person retires, they continue to be covered under the same sickness fund with no change in benefits. A portion of their retirement fund is paid toward health coverage (DiPiero, 2004). All elderly citizens in Germany are required to have long-term care insurance (Blumel & Busse, 2015). This insurance is usually a separate scheme, but supplied by the same provider of the person’s regular health insurance (Clarke & Bidgood, 2013). Unlike health insurance in Germany,…

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