The Singapore Alternative

By admin | December 28, 2009

Submitted by Eye Didn’t Know Blog

Many people claim that health savings accounts, such as those used successfully at Whole Foods Market, cannot work on a large scale. John Stossel reports that Singapore uses health savings accounts as the model for their national health care. Almost 2/3 of medical expenditures are controlled by the individual. As a result, healthcare costs are less than half those of France, where the state controls almost all expenditures.

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