Modernizing Medicaid Rx with 'Innovative' PBM Tools Will Help Kentucky Save $375 Million.

MEDICAL NEWS. Look, even Sweden charges for healthcare. No system of universal healthcare is perfect. All have their pros and cons. But by common agreement, the best and most effective tend to be those that combine public provision with some form of co-payment or compulsory health insurance. Many of the best healthcare systems also allow for extensive private sector involvement. Even Sweden, spiritual home of the high-tax, social market economy, enthusiastically embraces both co-payment and private sector participation. You won’t pay less than 15 euros to see a doctor in Sweden. Admittedly, the amounts raised by this method are small relative to health spending as a whole, but it does help defray the costs a little. Perhaps more significantly, it brings about behavioural changes that limit demand, with no discernible impact on standards of health.

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