Making free market work for healthcare industry—The case of Taiwan

Chang Chiu-Cheng, Taïwan

In this paper, I first introduce Taiwan's National Health Insurance (NHI) program briefly and its problems extensively. NHI's approaches to its own problems are then described and their shortcomings and doomed failures are noted. Taiwan's new pension regulations are then introduced and the integrated strategy for solving Taiwan's NHI problems by combining NHI into individual retirement account is thus recommended with reasons. This strategy is expected to succeed because it will make free market work in the health care industry by fundamentally change the behavior of both consumers/patients and medical providers.
Date: 1 June - Time: 11:00 to 12:30 - Room: 242B
Theme: 9.A. Various topics