Covers.....in this quote it is said that a small fee covers.....as if it were insurance.Sweden
"Costs are kept at a minimum for patients who utilize Sweden’s health care system. For example, a relatively small sum of money, about the equivalent of $250, covers a patient’s medications for an entire year — the government covers the rest. A cap on health care fees ensures patients can afford to battle long-term health problems without worrying about being financially crippled. The system has been effective, as Sweden’s life expectancy rate is the fifth best in the world (80.9) and infant mortality rate is the third best in the world (2.75)."
Exactly how does done one insure against the need for drugs ? Almost everybody either needs them now or will, so how does insurance work in that environment ?
Can you imagine the cost of homeowners insurance if the law required the cost of painting and cleaning gutters, the cost of auto insurance if gas and oil were covered ?
Insurance is risk aversion. It is impossible to have an aversion to a 100% risk.
The cost were covered.....by price fixing. When the cost is dictated by force it is not a price, it is a tax.