Germany's Healthcare System: an Overview

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Germany's Healthcare System: An Overview Bradley Webster American Sentinel Professor Kehm Germany's Healthcare System: An Overview Germany has long been regarded has having a very efficient and cost effective healthcare system. In this essay several aspects of this system will be evaluated from what works well to what doesn’t. Despite Germany’s highly functional healthcare system they too are going to have to face the challenges that every other developed country is facing: a growing elder population and the ever increasing costs of healthcare in conjunction with a waning economy. Alarming statistics, such as the following, will demand Germanys attention as well as the vast majority of developed counties with…show more content…
Healthcare: Cost to the Individual German German sickness funds are required to be financially self - sufficient and premiums are set as a percentage of annual income. The percentage varies from fund to fund with 13% being the average. The premiums are deducted from pay packets with employers and employees paying half each. As of 2004 the Germans enacted co pays into their healthcare system. This involves Germans having to pay 10 Euro ( per quarter, every 3 months ) to see a GP, 10 Euro per day as a co pay in hospital with a max of 28 days and 10 % for drug prescriptions not exceeding 10 Euros … but total annual co pays never exceed 1 % of a German’s yearly income("Sick Around The," n.d.). Examples of this, in relatable examples, would be an individual making 60,000 dollars per year would pay 600.00 per month for health insurance, half of that 600.00 is picked up by their employer. (this is the max any one individual pays in the social insurance program. ) An individual making 20,000 per year will pay 250.00 per month, again half of which their employer pays. This covers all non-working members of their family. If a married couple are both working they both must contribute to the social insurance program individually, or opt to purchase private health insurance. In April 1994, Germany enacted mandatory universal social insurance for long-term care,
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