On July 27, 2026, Hiroto Kiritani — a 76-year-old former shogi professional famous in Japan for living almost entirely on shareholder perks — disclosed treatment for prostate and colorectal cancer, and said he slightly regrets not having spent more on good meals and hot springs while he was healthy. Days later, Japan raised the ceilings of its medical cost cap, the system that keeps insured hospital bills from growing without limit. Japan has one of the world’s more protective health insurance systems, yet households barely draw down their savings in old age. This video explains the cost cap, the psychology of precautionary saving, and why building assets and deciding when to use them are two separate decisions — together with how Reddit reacted.
Full article: https://sekahan0623.com/en/global-reactions-en/japan-health-cost-cap-oversaving/
X (Twitter): https://x.com/sekahan_0623
This program is produced with synthesized narration (Voice: Google Cloud Text-to-Speech (Chirp 3: HD)).
