Tuesday, September 06, 2011

Socialized or corporatized medicine, which would you prefer?

Serendipity strikes again!  I was seeking information about Neuberger Berman High Yield Securities (NHS) and stumbled across a reference to Britain's National Health Service (NHS).  Following that reference I found "An Eye Opening Adventure in Socialized Medicine" by Steve Silberman, an investigative reporter for Wired Magazine and others.

He awoke one night in London with eyes full of gunk.  He recounts his interactions with his insurer (via a transatlantic one dollar per minute phone call) and with NHS, Britain's National Health Service.  I recommend reading the full article.

I will add that there is an interesting comment on when and for whom health care is better - in Britain or the U.S.  Hint: one size does not fit all.