Nobel Prize-winning economist Paul Krugman held a lunch meeting with Vice Premier Paul Chiu (邱正雄) and senior officials at the Executive Yuan, exchanging ideas on the national health insurance system, fiscal and economic issues.
The 90-minute lunch meeting was closed to media.
PHOTO: CHIEN JUNG-FONG, TAIPEI TIMES
TAXES
An official with the Government Information Office quoted Krugman as saying that raising value-added taxes or adopting other tax measures that are politically acceptable might be a solution to the dire financial problems facing Taiwan’s national health insurance system.
The official, who attended the discussion, asked to remain anonymous as he was not authorized to speak to the press.
Prior to the lunch meeting, Department of Health Minister Yeh Ching-chuan (葉金川) gave Krugman a briefing on Taiwan’s national health insurance system.
SUCCESS
Yeh quoted Krugman as saying he wished to learn from Taiwan’s experience in implementing the compulsory comprehensive national healthcare system, which he said was recognized worldwide for its success in improving the nation’s health.
Meanwhile, Cabinet officials asked the Nobel laureate for his opinion on potential solutions to the national health system’s fund shortage problems.
The deficit in the national health insurance system was a problem common to every country, not only Taiwan, Yeh quoted Krugman as saying.
EXPENDITURE
“The national insurance system should be supported by various resources and the government should expand its income bases. But Taiwan did not expand the income bases of the system by raising the premium,” the anonymous official quoted Krugman as saying.
The official said Krugman thought that expenditure for Taiwan’s national health insurance system was still low, and would only be considered too high when it reached 16 percent, as it is in the US.
Former president Tsai Ing-wen (蔡英文) on Monday called for greater cooperation between Taiwan, Lithuania and the EU to counter threats to information security, including attacks on undersea cables and other critical infrastructure. In a speech at Vilnius University in the Lithuanian capital, Tsai highlighted recent incidents in which vital undersea cables — essential for cross-border data transmission — were severed in the Taiwan Strait and the Baltic Sea over the past year. Taiwanese authorities suspect Chinese sabotage in the incidents near Taiwan’s waters, while EU leaders have said Russia is the likely culprit behind similar breaches in the Baltic. “Taiwan and our European
The Taipei District Court sentenced babysitters Liu Tsai-hsuan (劉彩萱) and Liu Jou-lin (劉若琳) to life and 18 years in prison respectively today for causing the death of a one-year-old boy in December 2023. The Taipei District Prosecutors’ Office said that Liu Tsai-hsuan was entrusted with the care of a one-year-old boy, nicknamed Kai Kai (剴剴), in August 2023 by the Child Welfare League Foundation. From Sept. 1 to Dec. 23 that year, she and her sister Liu Jou-lin allegedly committed acts of abuse against the boy, who was rushed to the hospital with severe injuries on Dec. 24, 2023, but did not
LIKE-MINDED COUNTRIES: Despite the threats from outside, Taiwan and Lithuania thrived and developed their economies, former president Tsai Ing-wen said Former president Tsai Ing-wen (蔡英文) on Saturday thanked Lithuania for its support of Taiwan, saying that both countries are united as partners in defending democracy. Speaking at a reception organized by the Lithuania-Taiwan Parliamentary Friendship Group welcoming her on her first visit to the Baltic state, Tsai said that while she was president from 2016 to last year, many Lithuanian “friends” visited Taiwan. “And I told myself I have to be here. I am very happy that I am here, a wonderful country and wonderful people,” Tsai said. Taiwan and Lithuania are in similar situations as both are neighbors to authoritarian countries, she
Taiwanese indie band Sunset Rollercoaster and South Korean outfit Hyukoh collectively received the most nominations at this year’s Golden Melody Awards, earning a total of seven nods from the jury on Wednesday. The bands collaborated on their 2024 album AAA, which received nominations for best band, best album producer, best album design and best vocal album recording. “Young Man,” a single from the album, earned nominations for song of the year and best music video, while another track, “Antenna,” also received a best music video nomination. Late Hong Kong-American singer Khalil Fong (方大同) was named the jury award winner for his 2024 album