Correct. A.k.a. Major Medical Insurance.
You, the patient, pay for all the routine exams, routine treatments, aspirins, penicillin, doctor visits for the flu, and burning your finger on the stove.
For a major injury or disease (pretty rare), insurance kicks in and pays most of it.
Premiums are correspondingly low.
It's still available today, from most well-known insurance providers.
Or it was, until Obamacare passed. Since it doesn't pay for sex change operations, or maternity benefits for single guys, it probably doesn't qualify, and so will go the way of the dodo.
The point is, this low-premium, doesn't-cover-most-routine-things is the ONLY thing the Chinese govt finds it can afford. That happens to be true for the Government of the United States, too. But the Chinese govt is the only one who has figured it out so far. Liberals in the U.S. Govt never will. They must be voted out if the government is to get back on the right track. Hopefully before they spend ALL of our children's and grandchildren's money on it.
