I've lived in Hsinchu, Taiwan since August, 2014 working as an English teacher. I've enjoyed the benefits of single-payer healthcare ever since. With only a monthly payment of roughly $25 USD, I have access to a whole range of benefits that, were I to remain in the United States uninsured, would probably be prohibitively expensive. For example, I pay only $2-3 out-of-pocket per visit to any health clinic, and dental work, such as teeth whitening, are priced similarly at $2-3. However, Taiwan's healthcare system is certainly not without its flaws. A quick search on Wikipedia will tell you its current challenges. The system doesn't take in the same amount as the value of the services it delivers, so it must borrow from banks. Also, there are few doctors per capita, so wait times can be long, and consultations with doctors themselves are often kept to a maximum of 2-5 minutes in most clinics. To alleviate these problems, the likely solution is to raise premiums on payroll taxes, but the government is reluctant to do so for fear of losing votes. That being said, I truly believe this is superior than the alternative. I think Taiwan's system is exemplary and has the ability to re-calibrate itself. Time will tell if the system here can endure, but it in my opinion, it functions pretty well for now.
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