In Japan, her overnight hospital stay would only cost her $10. Photo: Hamed Saber (flickr)

“Every 30 seconds in the United States someone files for bankruptcy in the aftermath of a serious health problem,” according to the National Coalition on Health Care.

The United States spends the most in the world on health care – about $2 trillion annually. Yet, the U.S. ranks 37th in world in terms of the quality and fairness of its health care, according to the World Health Organization (WHO).

The U.S. has no comprehensive national health insurance system. Those who have insurance get it through their employers, government programs, or private suppliers. However,there are 47 million people that are not insured. Furthermore, millions more are underinsured, which has led to a growing epidemic of medical debt and bankruptcy in the United States. A Harvard University report found that about 50 percent of all bankruptcy fillings were partially due medical debt.

In light of this growing problem, correspondent T.R. Reid traveled with Frontline to investigate if other free-market countries were having the same problems with medical-related bankruptcy. What he found was shocking.

Traveling to the United Kingdom, Japan, Germany, Taiwan, and Switzerland, Reid found that health-related bankruptcy is almost unheard of in these countries. Unlike the United States, all five of the visited countries have universal health care and pay a lot less.

Switzerland spends the second-highest amount on health care, but the government still spends 44-percent less per capita than the United States.

The full program, "Sick Around the World," is available online, along with a list of resources and a Q&A with Reid.

All the countries have varying degrees of private, market-based health care, like the United States. They, however, also limit the level of freedom the health care market can have. According to Frontline:

First, insurance companies must accept everyone and can't make a profit on basic care. Second, everybody's mandated to buy insurance, and the government pays the premium for the poor. Third, doctors and hospitals have to accept one standard set of fixed prices.

It's unnecessary for health care costs to send hundreds of thousands of Americans into debt each year. As Reid has learned, it is possible to make health care universal and affordable in a free-market economy.

Fuel prices have risen 40 percent since the start of the year.

Skyrocketing fuel prices make people angry. How angry you ask?

• Truck drivers in Spain started an indefinite strike on Monday, threatening to bring the entire country to a standstill. A growing number of gas stations have reported to have run out of fuel as a result, and supplies of fresh food are running low.
• From Portugal to Italy, commercial fishermen have protested rising fuel prices by blockading ports and refineries
• Last Thursday, more than 500 motorcyclists staged a “go-slow” demonstration outside Manchester, UK.
• Over in Asia, angry Indian consumers burned tires and blocked traffic after the government raised fuel prices. The protests shut down schools and businesses in West Bengal State.
• In Hong Kong, 500 buses and trucks colluded to bring traffic to a standstill in the central city.
• Enraged by the government’s recent 41-percent fuel price hike, Malaysians have planned a nationwide strike and a major demonstration in Kuala Lumpur on July 12.
• Truck drivers in Thailand are threatening to wreak traffic-havoc next week by clogging the roads with 400,000 trucks.
• In South Korea, truck drivers threatened to strike on Monday, ignoring the $10.2 billion government aid package designed to cushion the impact of soaring fuel prices.

What other angry reactions have you heard about?

Photo: Thatcher Cook for Mercy Corps

Taiwan’s mid-March elections show that residents there may be willing to have a closer relationship with China if it benefits them economically.

Taiwanese voters favored Hong Kong-born Ma Ying-jeou's promise of economic prosperity over his rivals' campaigns to ensure further confrontation with China. Ma Ying-jeou won the presidential election in a landslide victory with his message for closer economic ties with China. He proposed reviving the economy by inviting more Chinese investment and tourism for Taiwan.

This is a new tack for a country that has long struggled to become separate from China and find its own identity in the international arena.

Tibet could learn from Taiwan’s strategy. The BBC’s Humphrey Hawksley, writing in YaleGlobal, contends that Tibet’s embrace of a national identity prevents them from enjoying China’s economic benefits. With India and China as neighbors, Tibet is in a prime position to benefit from the global market. Hawksley suggests that if both countries focused on their economic relationship, Tibet could enjoy a Taiwan-like success story. But it might mean giving up some of its traditions and its fight for independence.

Taiwan’s decision highlights how the lure of closer of economic ties is affecting the way countries formulate their foreign policy. It seems as if Tibet could better its struggling economy by putting aside its hostility to China — but at what expense?