Word: hsiao
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...basic standard of care--moving towards a system like the American one where certain health care services are provided free to the poor--will likely also be part of Hsiao's proposal...
...Hsiao's solution for Hong Kong seems in many ways an adaptation of his "fix" for Medicare in the 1980s...
...that plan, Hsiao said too much money was spent on patients' visits to specialists. His solution focused on the use of now-familiar primary care physicians, who are supposed to consider cheaper treatment options before referring patients to more expensive specialists...
Doctors both in America and Hong Kong say Hsiao, trained as an economist, is largely ignorant of the realities of practicing medicine. They claim that his system only results in overburdened doctors and a lowered standard of care...
Nevertheless, Hsiao maintains that the same standards of efficiency must be applied to medicine as any other industry...