In Japan if you work full time for a larger employer, you pay into “shakai hoken” (societal insurance) this pays you like a third of your salary if you get injured and have to refrain from work for awhile. (This is at least partially paid for by your company because you can only legally be fired in Japan if the company proves beyond a reasonable doubt you were either belligerent or the company couldn’t survive without you)
So, no one in those countries became homeless and bankrupt because of an illness and lost their job? I am asking genuinely because I wouldn’t know.
No, it’s an exaggaration. According to StreetSmart Australia 14% of people became homeless due to becoming unemployed suddenly
With that said we do have MUCH better social welfare programs here in Australia than the US, though there is always more that could be done
In Japan if you work full time for a larger employer, you pay into “shakai hoken” (societal insurance) this pays you like a third of your salary if you get injured and have to refrain from work for awhile. (This is at least partially paid for by your company because you can only legally be fired in Japan if the company proves beyond a reasonable doubt you were either belligerent or the company couldn’t survive without you)