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oct 9, 1883 - Otto Von Bismarck

Description:

institutes a comprehensive set of welfare programs including health coverage in Germany

Compulsory insurance through independent, non-state payers called sickness funds for particular industries
Funded through payroll deductions from employers and employees
Otto Von Bismarck is credited for health insurance in the west
Created this program to prevent against movement to socialism
System/framework gets reproduced in many countries

Added to timeline:

11 Oct 2018
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Date:

oct 9, 1883
Now
~ 142 years ago