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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (242773)3/30/2010 9:25:53 PM
From: patron_anejo_por_favorRespond to of 306849
 
Germany prolly comes closest after the Swiss.....

Kinda figures the "insurance lobby" in Switzerland woulda got a hand in the Fondue there, given the robustness of the financial-industrial complex there.



To: KyrosL who wrote (242773)3/30/2010 9:36:05 PM
From: neolibRead Replies (1) | Respond to 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.