Comments on: Not All is Well in China — Access to Health Care http://calpolymbatrip.com/2006/china/not-all-is-well-in-china-access-to-health-care/ The MBA Graduate Program at Cal Poly Fri, 18 May 2012 15:14:59 +0000 http://wordpress.org/?v=2.6.3 By: Bonnie Morse http://calpolymbatrip.com/2006/china/not-all-is-well-in-china-access-to-health-care/#comment-567 Bonnie Morse Wed, 15 Nov 2006 21:02:10 +0000 http://calpolymbatrip.com/2006/china/not-all-is-well-in-china-access-to-health-care/#comment-567 I think there are significant opportunities for companies to develop affordable insurance plans. For instance, the “Health Crisis” Wall Street Journal article mentioned that the Chinese save 40% of their earnings. A portion of this savings could be applied to insurance plans that compensate patients for emergency medical services. Furthermore, creating an established insurance program would reduce the need for hospitals to make a profit on each patient. Instead of writing unnecessary prescriptions to secure funding, hospitals could rely on reimbursement from insurance companies. This would reduce a doctor’s need to force payment from patients instead of simply providing medical care. Ultimately, any opportunity to change the health care system must be supported by the Chinese government. An MBA student could prove that providing affordable insurance actually helps the Chinese economy. For instance, increased medical coverage would mean a healthier and more productive work force. There is an opening for insurance companies to work with the government and provide medical coverage at a reasonable cost. I think there are significant opportunities for companies to develop affordable insurance plans. For instance, the “Health Crisis” Wall Street Journal article mentioned that the Chinese save 40% of their earnings. A portion of this savings could be applied to insurance plans that compensate patients for emergency medical services. Furthermore, creating an established insurance program would reduce the need for hospitals to make a profit on each patient. Instead of writing unnecessary prescriptions to secure funding, hospitals could rely on reimbursement from insurance companies. This would reduce a doctor’s need to force payment from patients instead of simply providing medical care.

Ultimately, any opportunity to change the health care system must be supported by the Chinese government. An MBA student could prove that providing affordable insurance actually helps the Chinese economy. For instance, increased medical coverage would mean a healthier and more productive work force. There is an opening for insurance companies to work with the government and provide medical coverage at a reasonable cost.

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