Image by Fons1 via FlickrChina's State Council announced on Wednesday it would invest 850 billion Renminbi (85 billion euro) into its defunct health care in an effort to set up universal health care for all 1.3 billion Chinese, many media have reported.That sounds like a good idea, since the current health care is in a very poor shape, but just because of those structural shortcomings the question who is going to profit from this investment is an important one. Say, 800 renminbi per person is not a lot, but as long as the Chinese citizens do got get sick all together now to cash in, it might be a nice start. Actually, the system will only kick in for 90 percent of the population by 2011 who are getting only 120 according to Xinhua dispatches. That again is pretty low according to any standard, and people are already wondering where the rest of the money goes to.
Corruption might be a problem in many Chinese industries, but is most structural in the health care. I guess that a few health care professionals are already trying to get a part of the action. More details on the plan would be very useful.
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Jeremy Goldkornby Fons1 via Flickr

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