President Lee is progressing bill about privatization in medical insurance. This bill is expected to enforce as of October 2008. Privatization in medical insurance is similar to American way. In present, Korean should join healthcare when they are born and government support their medical fee. So, people can be treated for cheaper. However, under the privatization, government don’t control this and people should join private medical company. Also, medical fee is more expensive than now. Of course, privatization in medical insurance causes creating jobs in medical industry and raising their competitive. However, many common people can’t go hospital because of expensive cost.
What do you think about? Is it desirable?