SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: KyrosL who wrote (242773)3/30/2010 9:36:05 PM
From: neolibRead Replies (1) of 306849
 
A few comments on the Swiss system (and thanks for the link!)

1) Private insurance cos cannot by law make a profit on the basic plan, but can make a profit on supplemental coverage.

2) There is "wealth transfer" to help the low economic end of the spectrum out, BUT everyone still pays up to 8% of their income for insurance, with assistance helping only after that. I think this is good, because in the USA we have too many distortions which are making the poor think government is not only free, but a source of wealth.

3) They have age brackets for premiums, but they are kind of odd. : 0-18, 19-25, and 26 and up. It looks like dependent, university student, and worker/retiree, but I'm not sure why they choose these.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext