Forums > Living in Kunming > Informal Health Insurance Poll - Expats & Locals
Thanks much for your feedback. I was looking for various social models that did NOT depend on government participation directly at the national level, but at the municipal and rural levels. The goal is to NOT use government money, raise taxes, or other government dependent sources of revenues.
In my limited understanding of Switzerland's business model - businesses pick up the brunt of retirement and healthcare costs.
Cuba was interesting, but everything is state controlled. Working with the government in China is imperative, but expecting or depending on the government to be competitively and economically innovative is unreasonable.
In the Swiss model - the Cantons or city-states are responsible for the welfare of its citizens. Switzerland is also somewhat agrarian, but has a very expansive service industry.
I believe Sweden's taxation rates would be unpalatable for Chinese, despite the benefits, although Swiss taxation rates are also quite high.
The theoretical solution would be a hybrid Public-Private Partnership (PPP), merging government responsibility for the health and welfare of its citizens (in this case employees), with the profit oriented practices of conventional commercial businesses.
That's the concept for lack of other existing alternatives, applicable to the domestic China market. In my limited if not miniscule experience and sampling size, I'd surmise major expat firms have been more focused on providing local-hire packages to foreign expats (with limited success) - that's a complicated supply and demand issue, with the cushy expat packages reserved for senior management and their ilk. So providing some premium alternatives, such as healthcare, savings plans, educational assistance, retirement plans, etc etc would be potentially attractive and inducive alternatives to long-term focused staff in lieu of expat salaries and related benefits and perquisites.
Hopefully - we won't have to deal with the suicide rate within the company, a la Foxconn, so the company will obviously need to address the motivation, mental & physical health, and extended well-being of both its employees and their direct family dependents.