Germany’s health-care system spends nearly half as much as the United States but still manages to cover 100% of its population through a mix of public and private insurance schemes. There are two different systems that residents can turn to for insurance in Germany: SHI, which stands for Statutory Health Insurance and PHI or Private Health Insurance. Here’s how they work. (CNBC, 24 Nov 2019)

[Video Date: 24 Nov 2019. Posted: 18 Apr 2020.]